Anyone notice the effect of passing the resolutions in EDE's gen mtg?
TAS through Noble could hold 51.024% of EDE, up from around 46%.
"As at the date of this Notice, Noble currently holds 436,651,428 Shares and 87,330,286 Options. If this Resolution 1 is passed, Noble’s interest in the Company will increase to a maximum of 454,508,571 Shares and 105,187,429 Options. If Noble subsequently exercised all of the Options the subject of this Resolution 1, its shareholding would further increase to a maximum of 472,365,714 Shares. If it also exercised all of the other 87,330,286 Options currently held by it as at the date of this Notice, its shareholding would increase to a maximum of 559,696,000 Shares (representing 51.024% of the Company’s issued share capital, assuming no further Shares had been issued – other than as set out in Resolutions 2, 3, 4 and 5 - and Noble’s Options were the only Options converted into Shares)."
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