re: Ann: Becoming a substantial holder in BOW... in a vote to...

re: Ann: Becoming a substantial holder in BOW... in a vote to approve a Scheme there are TWO tests:

1. at least 75% of shares voted must vote in favour of the Scheme,

AND

2. at least 50% of shareholders voting must vote in favour of the Scheme.

Both of these tests must be reached.

And - it is the shares/shareholders VOTING that are counted.

And thats important, because often only a small percentage of shareholders often bother to vote.

cheers