I wondered if there was a distinction for a scenario where the shareholders have …

Already voted, but that clears it up!

Is the relevant price the higher of the subscription price and the amount paid to acquire the shares he already holds?

Presumably there is a prescribed timeline for what comes next e.g offer to other shareholders and window they have to accept / decline?

Posted By: SimonOTBC on February 17th 2023 at 11:41:00

Message Thread

Bailey done a long athletic piece on ownership/direction of travel … (NCFC) - loz, Feb 17, 11:02:01
- I think it’s always been clear he hits the 30%…. (NCFC) - SimonOTBC, Feb 17, 11:33:14
  - Doesn’t matter how you get to the threshold (n/m) (NCFC) - CWC, Feb 17, 11:37:47
    - Thanks 👍 (n/m) (NCFC) - SimonOTBC, Feb 17, 11:38:46
      - I wondered if there was a distinction for a scenario where the shareholders have … (NCFC) - SimonOTBC, Feb 17, 11:41:00
        
        It's a 'pass' on the detail I'm afraid (n/m) (NCFC) - CWC, Feb 17, 16:57:16
  - Would people have much appetite to sell their shares ?… (NCFC) - loz, Feb 17, 11:35:37
    - Probably depends on the offer price and the messaging? (NCFC) - SimonOTBC, Feb 17, 11:36:36
      - Presumably that’s what they are working through now ? (n/m) (NCFC) - loz, Feb 17, 11:39:27
        
        I'd never voluntarily sell mine (n/m) (NCFC) - KevinBond, Feb 17, 14:54:17
        
        Even if someone helped you get to the threshold (NCFC) - protheroe fitzgibbon, Feb 17, 14:56:35
        
        Oooh Matron (n/m) (NCFC) - LincolnshireCanary, Feb 17, 15:04:36
        
        Don’t get a choice if he gets to 90% though … (NCFC) - loz, Feb 17, 14:55:47
- Assuming D&M don’t sell theirs (NCFC) - jamesward, Feb 17, 11:10:49
  - On the little shareholders (NCFC) - Old Splat, Feb 17, 16:53:45
    - Not much at all than who outside of d&m and ma have significant holdings …. (NCFC) - loz, Feb 17, 18:16:56
  - Guess it would be likely given this shareholding dilutes … (NCFC) - loz, Feb 17, 11:25:15

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