They stated that voting for the company restructure will be at the AGM on 21st May. Prior to that, there should be a notice (minimum 28 days) of key events which is basically a proposed schedule for the restructure from the date of voting through to the date trading resumes on a T + 3 basis. At the same time there should be the proposed key events for the issue of loyalty options which, and I stand to be corrected here, should be in the form of a prospectus. As an educated guess, the record date for the loyalty options will be after the date trading resumed on a T + 3 basis, i.e. post consolidation.
LOM Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
