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re: jh dnl v cdu Green SoxRe the 15%: A company can issue up to...

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    re: jh dnl v cdu Green Sox

    Re the 15%: A company can issue up to 15% in new equity in any 12 month period without shareholder approval (there are a number of exceptions, including rights issues).

    They can raise more than 15%, but shareholder approval would first be required.

    Hope this helps.
 
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