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Can anyone elaborate on this

 

"Have just read on Twitter that as Letham, Taylor and King have previously been in a consortium together the concert party rule will come in to affect now. Which I believe means a bid for full takeover must be made."

 

Was posted by someone else by it would be good to know if true, and the good and bad points if it is?

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Can anyone elaborate on this

 

"Have just read on Twitter that as Letham, Taylor and King have previously been in a consortium together the concert party rule will come in to affect now. Which I believe means a bid for full takeover must be made."

 

Was posted by someone else by it would be good to know if true, and the good and bad points if it is?

 

At highest price in the last year. Probably about 24p

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But wouldnt they need an EGM to do that?

 

No, they just need submit EGM requisitions for boardroom changes and then the current regime need to address the boardroom changes via negotiations instead of taking on the cost (and now risk) of an EGM (or multiple EGMs).

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