SRT 0.00% 20.0¢ strata investment holdings plc

rsl to relist shortly, page-25

  1. 1,514 Posts.
    Hey Metalguru,
    "Suggest you check details on the "lock in" for disposal of their Jupiter shares. They are not prohibited from selling."

    I base my statement on the following:

    “It is the present intention of Red Rock
    to retain its JMS shares, which with the exception of 15,109,403 shares are subject
    to a lock-in until 30 March 2010.”

    Reference:
    http://library.rrrplc.com/RRR_web/RRR_Announcements/RRR_announcements_2009/RRR_Exercise_of_Manganese_Option_08.07.2009.pdf

    (Mid way down 3rd page.)

    My understanding is thay if RRR holds 92,899,165 JMS shares, or 28.91%, then 92,899,165 minus 15,109,403 = 77,789,762 will be locked in.
    I agree with everything else!!!
    Cheers
    PS : Are you in London?!?!
    Your comments sound close to the "nerve centre"
    Macau says the Tea Lady at RRR is the one with all the information!?!
    (Reference Re: gold ; Macau 16/09/2009)


 
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