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clock Created with Sketch. 19/11/20
14:29
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Originally posted by 33Antonio:
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Interesting. Getting dissenting owners over the line with a new number should technically mean going back to the start of the process. In other words, a minority shareholder may have already selected to stay with the proposed privatised entity, however might wish to change their mind and cash-out given there is an increased financial incentive to do so. They are now locked-in to privatisation at this point (this part closed Monday). I'm certainly not saying I'm one of those, but this is - and to a very large part, always has been - about making sure ALL shareholders are viewed and treated fairly.
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the only shares electing to take scrip over cash was VRC. I think it was as low as 67 million - VRC have 66 million.
(20min delay)