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Ann: Supplementary Explanatory Memorandum, page-22

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  1. 903 Posts.
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    They're betting everything on the resolution with the best chance of being voted against - JE and PB are clearly out, but could NB and EH survive?

    If that happens, assuming Morten also has some loyalty to PB/JE, it would mean we end up with 3 directors pro PB and only 2 against (GW and AR)
    So current management/board would keep control of the votes.

 
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