Geez talk about their lawyers and Taurus 2 being bloody pains in the ars3s. Instead of writing it/ copying and pasting they expect everyone to go back through the bidder statements. I believe this is what they refer to:
TheAPPENDIX 2 – CONDITIONS OF THE OFFER
Offer and any contracts resulting from acceptance of the Offer is subject to fulfilment or waiver of the following conditions:
(a) (prescribed occurrences) that during the period from 9 February 2018 to the end of the Offer Period, none of the following events happen:
(i) Realm converts all or any of its shares into a larger or smaller number of shares;
(ii) a member of the Realm Group resolves to reduce its share capital in any way;
(iii) a member of the Realm Group:
(A) enters into a buy-back agreement; or
(B) resolves to approve the terms of a buy-back agreement under section 257C(1) or section 257D(1) of the Corporations Act;
(iv) a member of the Realm Group issues shares, or grants an option over its shares, or agrees to make such an issue or grant such an option (including under any employee share or option plan);
(v) a member of the Realm Group issues, or agrees to issue, convertible notes;
(vi) a member of the Realm Group disposes, or agrees to dispose, of the whole, or a substantial part, of its business or property;
(vii) a member of the Realm Group charges, or agrees to charge, the whole, or a substantial part, of its business or property;
(viii) a member of the Realm Group resolves to be wound up;
(ix) a liquidator or provisional liquidator of a member of the Realm Group is appointed;
(x) a court makes an order for the winding up of a member of the Realm Group;
(xi) an administrator of a member of the Realm Group is appointed under sections 436A, 436B or 436C of the Corporations Act;
(xii) a member of the Realm Group executes a deed of company arrangement; or
(xiii) a receiver or a receiver and manager is appointed in relation to the whole, or a substantial part, of the property of a member of the Realm Group other than by a member of the Bidder Group.
(b) (Employee Securities) prior to the end of the Offer Period:
(i) the entitlement to shares under the Employee Options on issue are cancelled; and
(ii) no Employee Shares issued under employee share plans remain unvested.
RRP Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held