LPE 8.00% 13.5¢ locality planning energy holdings limited

Shares out of Escrow, page-13

  1. 78 Posts.
    I Apologise, was not intending to state owned by Ben & Damien.  but is "well" associated.

    just going back through this;

    "The issue of performance shares (“Performance Shares”) that together with the Ordinary
    Consideration Shares represent 70% of the fully diluted shares on issue at Settlement in​
    consideration for the acquisition of 100% of LPE."

    This was in prospectus, it means that the 4 entities;
    Ben Chester
    Damien Glanville
    Jarwil P/L
    Pettett

    will own 70% once they get to 100GWh
    only leave 30% for us to squabble about, wow my $20K looks pretty shit
 
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