RE: Not ramping or pump and dump20 Mar 2019 11:01
However, the Company understands that Nuuco
would consider:
• procuring the provision of further capital to the Company;
• establishing a new media platform business which is unrelated to the current business of the
Group and which could complement the Wideacademy business; and
• reorganising the existing WideCells business into a separate subsidiary of the Company, which
may be partly owned by the existing management of the Company in the future.
25
In the event that agreement cannot be reached in such discussions as the Company may have with
Nuuco following the publication of this document and, to the extent Nuuco exercises the Option and
converts the acquired Notes into Ordinary Shares, Nuuco may utilise such shareholding to:
• call a general meeting of the Company;
• propose resolutions including, but not limited to, appointment and removal of directors; and / or