CGB Top Twenty Holders Questions, page-4

They key term from the excerpt you have posted from the prospectus is -

"Details of the Directors’ relevant interest in the Securities of the Company uponcompletionof the Offers is set out in the table below".

This, in my opinion, raises more questions. At most we can say that at 30 September 2018  L’Hayyim Pty Ltd owns ~5M shares (based on it not being in the top 20 and the 20th entity in top 20 owning just over 5M shares) that combined with Volcan's 189,375,000 shares means the Feldmans have to, in some way under the offer, acquire 192,820,624 shares to meet the shareholdings post completion as detailed in the prospectus.

Now looking at the shares being offered in the first prospectus we have:



Which raises the question where is this 192,820,624 shares coming from, considering the capital raising is for a maximum of 170,000,00 (which would be absurd to allocate all shares to themselves)? Are the Feldmans or any of their associated entities shareholders/unitholders of any of the entities being acquired above? If yes has this been disclosed in any of the prospectuses? If no, were the figures in the prospectus false?

My guess is that the shareholding detailed in the prospectus is the combined holding and it should have been allocated 50:50 between Pnina and Sholom, but it has been incorrectly allocated wholly to each of them (i.e. they each have a 50% share in the 193,517,812 shares post completion as opposed to 193,517,812 each)