Thank you for your post, I see now that if the first resolution...

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LJD

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10/08/22

14:14

Post #: 63034041
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Originally posted by largeraj: ↑

Your extract from the revised booklet is clear and unambiguous - the difference being the key word CONSIDERATION - which is not in the formal resolution :

BOOKLET
1.15 Amending Resolution At the Scheme Meeting, ResApp Shareholders will be asked to consider a motion to amend the proposed Scheme Resolution which has previously been notified to Shareholders with the Scheme Booklet, so as to take into account the Revised Scheme Consideration described in this Supplementary Scheme Booklet (Amending Resolution). The Amending Resolution will require an ordinary resolution of Shareholders present and voting in person or by proxy, and voting will be by a poll. Assuming the Amending Resolution is approved, Shareholders will then be invited to vote by poll for approval of the amended Scheme by adoption of the amended Scheme Resolution. The text of the amended Scheme is included at Schedule 1.
vs
1 Amending Resolution - That the proposed Scheme Resolution in the Notice of Meeting contained in Schedule 6 to the Scheme Booklet be amended by adding the words highlighted in bold characters as follows: “That, pursuant to and in accordance with section 411 of the Corporations Act, the scheme of arrangement proposed between ResApp and the holders of its ordinary shares as contained in and more particularly described in the Scheme Booklet (as amended by the Supplementary Scheme Booklet dated 5 August 2022) of which the Notice of Scheme Meeting forms part, is agreed to (with or without alterations or conditions as approved by the Court to which ResApp and Pfizer Australia agree), and ResApp is authorised, subject to the terms of the Scheme Implementation Deed to agree to such alterations or conditions, and subject to approval by the Court, to implement the Scheme with any such alterations or conditions.”

It's ridiculous or devious, that the resolution wording lacks clarity

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Thank you for your post, I see now that if the first resolution passes then the second resolution comes into play. If the first resolution does not pass then it is done and dusted, game over.

I apologize to anyone I have mislead - I have tried to delete my posts but was unsuccessful with some. I am told "Please be aware that we are limited with how many Posters own requests we can process. One reason being it disrupts the flow of the threads".

RAP Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
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Thank you for your post, I see now that if the first resolution...

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