To add to that:
"Fractional entitlements:Where the calculation of the Scheme Consideration to be issued to a particular Scheme Shareholder would result in the Scheme Shareholderbecoming entitled to a fraction of a Newmont Security, then the fractional entitlement will be rounded to the nearest whole number ofNewmont Securities, with any such fractional entitlement of:
– less than 0.5 being rounded down to the nearest whole number; and
– 0.5 or more being rounded up to the nearest whole number."
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NCM CDIs v Newmont shares, page-32
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