(b) Directors may be required to sell their securities in the Company
A number of the Company’s directors have entered into margin lending arrangements to fund the purchase of shares in the Company. Due to the recent fall in the Company’s share price, some lenders may exercise their right to sell Company shares pursuant to these margin lending arrangements.
The directors do not intend to voluntarily sell their shares in the Company and will only sell if required to do so by their margin lenders.
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ABS
a.b.c. learning centres limited
(b) Directors may be required to sell their securities in the...
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