(e) Transaction costs
(i) AVL
If the Scheme is implemented, the cost of the transaction to be payable by
AVL is expected to be approximately $6.2 million (excluding GST). This
includes stamp duty, financial advisory, legal, accounting, tax and
administrative fees, share registry and other expenses. It does not include
transaction costs that may be payable by TMT.
(ii) TMT
If the Transaction is implemented, the cost of the transaction to be payable
by TMT is expected to be approximately $3.43 million (excluding GST). This
includes financial advisory, legal, accounting, Independent Expert,
Independent Technical Specialist’s, tax and administrative fees, Scheme
Booklet and printing, share registry and other expenses. It does not include
transaction costs that may be payable by AVL.
$10,000,000 in fees....
17% declared NO vote - and a lot more not included as yet.
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