"Under the existing Note conditions, which will not change under the Amendments, the Company may settle the conversion right of a converting Note holder in shares or in cash. The Company may make an election to satisfy the exercise of a conversion right by making payment to the relevant Note holder of the Cash Alternative Amount (as defined in the existing Note conditions)."
And GH, the Company does not need to go to a special general meeting to be given the mandate required to issue the conversion shares from now on. They did that already, you voted for it. That was what the meeting you linked the results for was all about.
The Company had an issue last year that if the Noteholders all wished to convert in full at the newly reset price there wasn't sufficient room in the constitution to allow the issue. That's what you voted about, and it got up. Now you're at the whim of the market. There won't be another meeting. The constitution was amended.
