RE: RE: Exercise of Warrants9 May 2018 11:40
This from the Investec research note
The majors share in the success of EVR; post deals, each major label group
owns EVR warrants (equivalent to 43.2m shares each). This is similar to Spotify
deals post its own protracted negotiations. Full major label exercise would add
c. �13m additional cash to EVR, though we already include warrants in our FD
share count.