I have been reading Sections 1.13 and 1.14 of the report. It seems to say that Tullow are not obliged to issue new Tullow Shares to anyone with an address outside of Oz, NZ and UK.
If Tullow consider these persons to be Ineligible Foreign Shareholders then they can only take cash. It is then up to the individual to make a case for Tullow to supply script to them.
Can somebody confirm I am correct on this point
I am unaware of how the geographical spread sits on the share register but there may be a surprise when the scrip allocation is finally allocated if HDR have any large USA holders
HDR
hardman resources limited
I have been reading Sections 1.13 and 1.14 of the report. It...
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