Im guessing Ridgeback are not a sub holder yet so we won't know...

Im guessing Ridgeback are not a sub holder yet so we won't know if they have sold their 72.2m shares at 1.73c


Transaction details: Initial share placement: Ridgeback will invest approx. A$1.25m in Prima through a placement of 72,206,500 fully paid ordinary shares at A$0.0173 per share.

Convertible notes: Subject to, and immediately following Prima shareholder approval, Ridgeback will invest a one-off lump sum of approx. A$13.75m in Prima through a convertible note subscription. The Notes will: • have a ten year term • accrue interest at 3% per annum, payable at maturity • be convertible, at Ridgeback’s election, into ordinary shares at a price of $0.02 per share (subject to standard adjustments)

Warrants: As part of the investment, Ridgeback will receive, without additional cost to Ridgeback, two parcels of warrants: • As part of the initial share Placement Ridgeback will be granted 8,475,995 ten-year warrants exercisable at any time prior to expiry at A$0.025 (2.5 cents) per share • As part of the convertible Note investment Ridgeback will be granted 371,445,231 five-year warrants exercisable at any time prior to expiry at A$0.0237 (2.37 cents) per share.

The exercise price of each tranche of warrants is subject to standard adjustments in accordance with the ASX Listing Rules.