BIN 0.31% $3.23 bingo industries limited

Thats great aquisition completed Now BB will also help reduce...

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  1. 5,445 Posts.
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    Thats great aquisition completed Now BB will also help reduce the dilution of extra shares as well I expect Ian won't be selling for a while so wont have much of an impact .

    @jaguar68 ... Ian cannot sell his share as per the announcement, his shares are in escrow for and are released in four equal tranches of of 9, 12, 18 and 24 months ?


    DADI Founder Ian Malouf now has a relevant interest in approximately 12% of BINGO as a result of the BINGO shares issued to him at completion of the acquisition. Shares held directly by Mr Malouf are subject to escrow over four equal tranches to be released nine, 12, 18 and 24 months after today. Mr Malouf will be appointed to the BINGO Board as a Non-Executive Director
 
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