SDV 7.25% 37.0¢ scidev ltd

one of the last to take up the rights., page-27

  1. 3,264 Posts.
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    "or Intec Ltd must have received a bona fide offer for a majority or all of its shares whether by takeover or scheme of arrangement".

    Management have protected there very own interesting reward.

    That’s a WIN WIN situation..

    What happens to the rest of the shareholders holding options upon a bona fide offer?

    Was there a clause in there somewhere for the them too?

    First thing first I suppose.

    Regards.
 
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