ADO 4.76% 2.2¢ anteotech ltd

Ann: Notice of Exercise of Options, page-36

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  1. 8,942 Posts.
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    I wouldn't expect anything until 2 working days after close. Tue 4/Wed 6 April.

    I'm not sure of the Ramifications from this bit in the offer document as to Options. "the Company has appointed Mahe Capital Pty Limited to arrange for the sale of the entitlements that would have been given to Ineligible Shareholders and to account to them for the net proceeds of the sale." Yes definitely any Rights that were not taken up by "The Ineligibles" (Marvel Movie Title right there), but did that extend as to accompanying 2:1 Options? I suppose a forensic audit of subsequent 2As & AGM notes would give a clue. There is a 5 working days rule, but there are Listing fee exemptions/relaxations for small quantity conversions, to minimise costs - but in anycase the it'll all be out in wash in the 1st week of April. (and for Big-e's Cheques to clear).
 
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