If Resolution 4 is passed, the Company will be able to issue equity securities up to the combined 25% limit in Listing Rules 7.1 and 7.1A without any further Shareholder approval. If Resolution 4 is not passed, the Company will not be able to access the additional 10% capacity to issue equity securities without Shareholder approval provided for in Listing Rule 7.1A and will remain subject to the 15% limit on issuing equity securities without Shareholder approval set out in Listing Rule 7.1.
You're voting on whether, if they need to, they can raise an additional 10% beyond the normal 15%. Nothing in the statement (please read the entire thing) says they will definitely have a CR.
If Resolution 4 is passed, the Company will be able to issue...
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