IRREVOCABLE , JD + BJ27 Feb 2015 09:27
The Offer is subject to the Conditions set out in Appendix I, including, inter alia, receipt of applicable regulatory approvals in Mozambique, and a minimum acceptance condition of 72.31 per cent. of the entire Issued Share Capital (or such lower percentage as Redbird may decide), representing a shareholding of 75 per cent., sufficient to approve the resolutions to be proposed in connection with the De-Listing, less the percentage of Shares held by the Independent Directors who are Shareholders, namely Jeremy Dowler and Ben James, in respect of which irrevocable commitments have been given to vote in favour of the De-Listing as outlined in Appendix I.