RE: Care needed here, I feel14 May 2020 12:31
ct,
The consideration shall be paid in part by the payment of €0.36 million in cash and the balance shall be paid by the issue by the Company of: (i) 25,600,000 Initial Consideration Shares to the Seller on Completion, and (ii) 42,800,000 Deferred Consideration Shares to the Seller on the 'Deferred Consideration Date' being a date no earlier than the date falling 18 months after Completion (once the period for warranty claims has expired and provided that no such claims have been made). The Initial Consideration Shares and the Deferred Consideration Shares are subject to orderly marketing restrictions, including an 18-month lock-in period (with customary qualifications in the case of a general offer being made for the Company).