If my calculations are correct, he holds approximately 17.5% of the company.
That figure is based on his overall holdings divided by the 40.9 million shares that make up Oroton.
If this is correct, then he only needs another 1 million shares before he is required to declare his hand, ie a takeover.
Am I reading this correctly?
Ann: Appendix 3Y - Will Vicars, page-3
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