If Resolution 1 is not passed, the Issue can still proceed but it will reduce, to that extent, the Company’s capacity to issue Equity Securities without shareholder approval under Listing Tule 7.1 for 12 months following the Issue. Further, if Resolution is not passed, the Company will still be required to seek all necessary shareholder approvals for the issue of the Deferred Consideration Shares (subject to the satisfaction of the relevant Milestones).
Finance may now become an issue , I would have thought that shareholders would have more confidence in the management here . imo
Ann: Results of Meeting, page-3
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