The SPP closes on December 22.
If note If there was a takeover offer the wording could Note Could read all registered shareholders on say December 14 this could exclude the SPP as the conversion would happen after Dec 22.
But it would be interesting that if you had BPAYED the SPP $$$ prior to the takeover X date you have advised your intent.
I am no legal person but interesting.
Clearly the purchaser would negotiate the SPP.
Please DYOR.