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If I vote in favour of the relevant resolutions at the General Meeting, do I have to buy shares?

April 26, 2017buy favour meeting relevant resolutions Shares vote

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If I vote in favour of the relevant resolutions at the General Meeting, do I have to buy shares?

1 Answer

0

10 Posted

No these decisions are separate. The relevant resolutions must be first approved at the General Meeting. If approval is received, Shareholders are not obliged to take up their Rights. The various options available to Shareholders in relation to the Rights Issue are detailed in the Prospectus you have received or will receive in due course.