calscot 0 Posted October 21, 2013 Share Posted October 21, 2013 Are those who actually have the shares meant to vanish then? They will still have their shares, but some may become a less powerful voice than they'd like. They have the same choices as any shareholder: buy more, sell up, or just keep what they have. Some may vanish from the public eye due to lack of influence - which for us could be a good thing. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,346 Posted October 21, 2013 Share Posted October 21, 2013 The most likely route is via another share offering, with DK coming out as the majority shareholder. But that will likely only happen if the current shareholders vote away their pre-emptive rights at the AGM. However if it went through, it would also allow, say, the Easdales to do something similar and for much lower amounts. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted October 21, 2013 Author Share Posted October 21, 2013 But that will likely only happen if the current shareholders vote away their pre-emptive rights at the AGM. However if it went through, it would also allow, say, the Easdales to do something similar and for much lower amounts. Or if it is underwritten by King and existing shareholders either decline or sell their rights depending of course on the financials of any rights issue. 0 Quote Link to post Share on other sites More sharing options...
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