ORE 5.11% $6.13 orocobre limited

According to the announcement of Jan 16, this year, the deal...

  1. niu
    1,510 Posts.
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    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.
 
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