RE: RMS GM27 Jan 2021 07:28
You can kiss goodbye to throwing these warrants out. They'll get them.
The Board acknowledges that following the Placing and the conditional grant of the Warrants, few Shareholders have expressed their concerns about the potential dilution that may arise to their shareholding in the Company when the Warrants are exercised.
As a result of those concerns, various changes to the Board took place, including the appointment of three new directors.
The purpose of the Circular is to comply with the terms of the Placing, pursuant to which the Company is obliged to call a general meeting of its Shareholders and place the necessary resolution to the Shareholders to approve the grant of the Warrants.