LNG 0.00% 4.3¢ liquefied natural gas limited

Ann: Recommended Takeover Offer for LNGL, page-459

  1. 96 Posts.
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    @Scope1981, my apologies to you, @mwilson25, @Foxdog,@Longstory, @jwhiteman and anyone else perusing these threads. I've been re-reading the documents and I've realised my interpretation of Schedule 1, clause 3.8 is incorrect.
    I missed the "other than:" indented at point (e).
    Although indented at (e), making the layout a little confusing, there's little doubt that it applies to the points that follow, meaning clause 3.8(i)(B) means the opposite of what I thought it did.

    In other words, they cannot back out of the TO using that clause.

    https://hotcopper.com.au/data/attachments/2032/2032765-1dffd4c878ab882c34c9e25c0b4f552e.jpg

    Now I'll send myself to the corner of the room, face the wall and put my hands on my head.
 
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