AJQ - Accelerated Non-Renouncable Entitlement offer., page-8

A few years ago I thought he would be taking DGR private. Nowadays there would more money be involved compared to 5 years ago. But looking at the Tesla situation, nothing would surprise me anymore. And having Tribeca in the house with all the muscles, hmmm...

I sincerely hope this is not the game plan.

I found this part of the AJQ ann. quite interesting. So, DGR could have applied for more shs under this rule.

3.3 Potential effects of the Entitlement Offer on control
The Retail Entitlement Offer is a fully underwritten, pro‐rata offer so that if all Eligible Retail Shareholders
take up their Entitlements and none of the Option Holders exercise their Existing Options and participate
in the Retail Entitlement Offer, and none of the Convertible Note Holders convert their Convertible Notes
to Shares the Voting Power of all Eligible Retail Shareholders will remain substantially the same. In that
event, there will be no actual or potential effect or consequences arising from the Entitlement Offer on
the control of the Company.
Eligible Retail Shareholders who do not take up all of their Entitlements will have their interest in the
Company diluted. The proportional shareholdings of Retail Shareholders who are not resident in
Australia or New Zealand will be diluted as those Shareholders are not entitled to participate in the
Entitlement Offer.
In the event of a Retail Entitlement Shortfall, the Directors will allocate and allot shares in accordance
with Applications for Additional New Shares made under the Retail Entitlement Shortfall Facility if any.
In the event of any New Shares remaining unallocated at the end of that process, the Directors will look
to the Underwriter to fulfil its obligations under the Underwriting Agreement.
The Company’s main shareholder, DGR Global, holds a Relevant Interest as at the date of this Retail Offer
Booklet of 22.43% and may not increase their holding by more than 3% (under the Creep Rule) by
participation in the Entitlement Offer. DGR Global has subscribed under the Institutional Entitlement
Offer for $2.1 million of New Shares, representing 21,000,000 New Shares, which is less than its
Entitlement. As the Entitlement Offer is fully underwritten, the Relevant Interest of DGR Global will not
increase as a result of it taking up its Entitlement.