Accordingly, in aggregate, Taurus holds, or has received irrevocable undertakings or letters of intent to accept the Offer, in respect of 15,357,896 Kalahari Shares, amounting to approximately 6.1 per cent. of the existing issued ordinary share capital of Kalahari
Taurus must propose to make an off-market takeover bid to acquire all the Extract Shares under Chapter 6 of the Australian Corporations Act ("Extract Bid"). • Offers under the Extract Bid ("Extract Offer") must be sent to each Extract Shareholder within 4 weeks after Taurus has received acceptances under the Offer in respect of shares carrying more than 50 per cent. of the voting rights in Kalahari.
EXT Price at posting:
$8.09 Sentiment: None Disclosure: Held
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