Ann: iSOFT Group and RJL Investments Pre-Emption , page-21

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  1. 811 Posts.
    re: Ann: OCP: iSOFT Group and RJL Investments... BNH, i think that is the central point. IF OCP are selling (regardless of why) they have to provide RJL with a transfer notice.

    To my understand this is what the case was about, specifically that OCP are NOT selling anything to anyone! They are going to vote in favour of a SCHEME.....subject to higher offer etc.

    May sound like a loop hole but that is the whole scheme at the end of the day, its not a sale/takeover but a scheme. Sometimes you love them others you don't.

    Clearly GC doesn't like this one!
 
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