Ann: In Specie Special Dividend of CUE and OIP Sh, page-8

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  1. 1,293 Posts.
    re: Ann: OXX: In Specie Special Dividend of C... OzAlien, i thought the exact thing, why say that about CUE but not about OIP. Maybe i am reading too much into it but it seems odd to me.

    I'm trying to remember where i last saw the mention of takeover and CUE.

    I know for certain that they included a clause in the directors 'Performance Rights Plan' maybe thats where i recall it from ? - see company release dated 18/10/2011, its says.......

    6. Change of Control: All of a participant's unvested performance rights that have not lapsed will vest if a takeover bid in respect of the Company becomes unconditional, the Company participates in a merger by scheme of arrangement or a shareholder or a group of associated shareholders obtain control of more than 50% of the voting power in the Company.

    JW

    PS. That bot is still selling us down at close, which as far as i am concerned, is good news for us.
 
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