I have a question on the director involvement in the raise? When I checked the prospectus I could see that one director has agreed to sub underwrite 50k but it was not clear to me on the other directors involvement. From page 33 on the prospectus it shows that the entitlement for the directors is nil. Yet on the other announcement it states that directors intend to take their entitlements in full? Also what happens with Nir’s entitlement as he has ceased to be a director. Given the size of his shareholding would be good for the market to know this, would be very positive if he is choosing to take his entitlements.
Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-22
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