RE: Relisting6 Jan 2025 13:12
ASimpleone...try reading RNS...
'The final price at which the Placing will be completed,( "Placing Price") will be determined by the Directors of the Board after they have taken advice from Peterhouse on all of the bids received, the price at which they have been made and for how many placing shares. Those interested parties who make a bid which is above the finally determined Placing Price will have their bids filled at the lower Placing Price. Those parties who make a bid below the Placing Price will not be able to participate in the Placing.'
Directors have final say. This is a variation of a Dutch Auction.