OK, found some confirmation here:
http://www.********.au/2016/07/13/w...atapult-group-international-ltds-acquisition/
"Before I continue, it needs to be noted that two of the group’s major shareholders (representing 61% of existing shares) will not participate in the entitlement offer. To be fair, they do have huge exposure as it is, but that is something investors should keep in mind before they decide whether to participate in the offer."
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- Ann: Retail Entitlement Offer Booklet-CAT.AX
Ann: Retail Entitlement Offer Booklet-CAT.AX, page-66
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