Ann: Cellmid Share Purchase Plan, page-21

Hi @OogerBooger

Nobody is whining to use your emotive suggestion. in fact I am very glad to see management commit the raising and previous on market buys.  This is one of the key investment criteria in my book and to that end Ms Halasz is an exemplary CEO as are other Board members.

to follow your suggestion and buy on market would mean a 10% premium to the SPP looking at the present depth.  I am sure you understand my point and hence I won't labour on it further.

Perhaps you could advise how your point #1 is "clearly" going to happen ? I would be very pleased if it did and if "oversubscribed" then the board should use its discretion to accept those bids.

Noting that the General Meeting is asking shareholders to vote in favour of the SPP allocation to the board members then surely this is not too much to ask " in fairness" to retail holders.