news headline, page-4

appears to be $5m for 15%, the balance part received in converting notes

http://www.tpg.com.au/about/pdfs/TPM%20Appendix%204D%20-%20HY13_FINAL.pdf

The non-current available-for-sale financial assets balance represents an investment in Cocoon Data Holdings Limited (‘CDHL’). During the half year ended 31 January 2013, the Company entered into an agreement with CDHL under which the Company agreed to a) invest $5.0m to acquire approximately 15% of the ordinary shares in CDHL, and b) purchase a further $5.0m of CDHL securities in the form of Converting Notes. $7.5m of the total committed $10m investment was paid during the half year, with the remaining $2.5m payable upon delivery by CDHL of products detailed within a Product Development and Distribution Agreement which was also entered into by the two parties during the period.



under terms of agreement with Prime

all convertible securities in Cocoon being converted into Cocoon Shares by completion of
the Merger, excluding any entitlements under Cocoon’s employee option schemes;



TPG ownership will likely increase to more than 15% of Cocoon when they convert $2.5m prior to a merge