The outcome of this will be determined by the shares behind the...

The outcome of this will be determined by the shares behind the nominee holdings and Odey, who together control more than 25% of the votes. The scheme needs 75% of all shares to vote in favour, for the scheme be carried. In my experience, nominee shares seldom vote. In any case they control the outcome. This is not to suggest that others should not vote, but the outcome is probably already determined. This is all in the circumstance that there is not a better offer, which is the likely outcome. I would not expect a competing offer before now. The next couple of weeks should be interesting.























the outcome will be determined by the larg holdings behind the nominee holdings. they constitute more than 25% of the votes, along with Odey. To get across the line the scheme needs 75%