RE: Update from Reuters11 Nov 2021 23:14
Re 'Afterpay Shares that may be issued or exchanged for the remaining Clearpay shares held by ThinkSmart as a result of its exercise of the put option is capped at 5% '
- That equates to GBP 923m so it's not going to affect the ability of Afterpay to 'fully' pay for ClearPay's 10%
Tha may be so but it intrigues me........why mention it in the ‘booklet ‘ at all? Someone, somewhere, thought it worth capping the future liability at 5% ..or ...£923million. Why?