PCL 0.00% 1.6¢ pancontinental energy nl

No, they do not need to make a takeover offer to increase their...

  1. phx
    541 Posts.
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    No, they do not need to make a takeover offer to increase their shareholding after 19.9%.
    This is where the creep provisions of 3% per year start.
    If they want more than 3% per year then they need to make a takeover offer
 
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