My understanding of the information in the Section 1.15 of the Scheme Booklet is that existing Biota shareholders do not need a broker to hold Biota Pharma ceuticals shares. Shareholders can request for physical share certificate to be issued to them by Biota Pharmaceuticals.
When shareholders want to sell their BOTA, they will need a broker to do the sale.
I am not sure if my understanding is correct. Anyone can confirm the above?
Thanks