I think this is the Special Resolution 9 you speak of "(A) the maximum number of ordinary shares that may be purchased by the Company pursuant to this authority is 48,619,857 (representing approximately14.99% of the Company’s issued ordinary share capital as at 9 November 2015);"
Some more good news well maybe, New age are looking at merging with Genel energy, looks like our partners are going to be Genel and Luk oil, that is pretty good team... The MM's will probably mark us down on this good news..
Don’t get excited, this is standard practice for most companies and has probably already been on their current set-up for years, it’s just that they haven’t used it yet, and there is no G/Tee that they will ever use it.
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