According to the announcement of Jan 16, this year, the deal includes * Two year standstill agreement which caps Toyota Tsusho’s relevant interest in Orocobre shares at 15% on a fully expanded basis, subject to certain exceptions
* Anti-dilution rights for two years but subject to Toyota Tsusho having a relevant interest in at least 10% of the shares
The substantial holder notice was issued with effect Jan 18 Certain exceptions is not clarified.
ORE Price at posting:
$3.33 Sentiment: Buy Disclosure: Held