Alemar only holds 7.56% of the shares that have been issued. Alex and his wife wont go for a 249. (Top 20, holding 30.80%).
The 5% percentage of votes required, for the 249, could easily be pooled from the total remaining holders balance, which stands at 69.20%
So in theory, if there was enough interest, then a 5% vote is achievable.
Ann: Renounceable Rights Issue Closes, page-4
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