Hey Anndy,Extraordinary general meetingNTU has issued or agreed...

Hey Anndy,

Extraordinary general meeting
NTU has issued or agreed to issue the following securities pursuant to its existing placement capacity
under ASX Listing Rule 7.1:
• Iluka Tranche 1 Placement
• Iluka Convertible Note
• Iluka Tranche 2A Placement
An extraordinary general meeting (EGM) of shareholders is expected to be held on or around 12
December 2022 at a venue to be determined to seek to approve (among other matters) the following:
• Ratify the issue of 125.0 million ordinary shares under the Iluka Tranche 1 Placement and the issue
of the Iluka Convertible Note (but not the agreement to issue 230.0 million shares under the Iluka
Tranche 2A Placement)
• Issue of the Iluka Tranche 2B Call Option to Iluka (which, if exercised, results in the issue of up to
653.3 million ordinary shares to Iluka)
• A 25:1 security consolidation10
A notice of meeting for the EGM is expected to be dispatched on 9 November 2022



Does that mean 25:1 consolidation mean 26120000 shares for the tranch 2b call options on dec 12th (EGM) or to all shareholders?