32.6 mill shares will no doubt get handed out here, and soon,...

32.6 mill shares will no doubt get handed out here, and soon, but at what price and to who.

I would imagine this has already been decided




7. To grant the Directors the authority to allot and issue shares and grant rights to subscribe for shares in the Company for the purposes of Section 551 of the Companies Act 2006 up to the maximum aggregate nominal amount of 32,698,899 new securities in the Company. This Resolution replaces any existing authorities to issue shares in the Company and the authority under this Resolution will expire at the conclusion of the next Annual General Meeting of the Company.
4



As Special Resolutions 8. To dis-apply the statutory rights of pre-emption in respect of the allotment of equity securities for cash referred to in Resolution 7 under Section 561(1) of the Act. This is a special resolution authorising the Directors to issue equity securities as continuing authority up to an aggregate nominal amount of 32,698,899 new securities in the Company for cash on a non pre-emptive basis pursuant to the authority conferred by Resolution 7 above. The authority granted by this Resolution will expire at the conclusion of next Annual General Meeting of the Company. 9