RE: Wow …20 Jan 2022 20:03
Fair enough Ocelot. But why didn’t you post the whole thing then?
n accordance with Rule 2.10 of the Code, the Company announces that G.P. (Jersey) Limited has entered into a hard irrevocable undertaking in favour of the Company in respect of a total of 94,496,666 Angus shares, representing a shareholding of approximately 8.64 per cent. in Angus (excluding treasury shares) on 17 January 2022 (being the last business day immediately prior to the date of this announcement) to vote in favour of or accept any offer which is made by the Company pursuant to the terms of the Possible Offer, including at the Exchange Ratio, subject to Sound Energy's rights that are reserved in this announcement (the "Irrevocable Undertaking"). Further details regarding the Irrevocable Undertaking are set out below.
In addition, the Company has received non-binding letters of intent from each of Sebastian Marr, Niall Roberts, Clive Roberts, Martin Lang and Jacqueline Lang in favour of the Company supporting the Possible Offer, including at the Exchange Ratio, subject to Sound Energy's rights that are reserved in this announcement, in respect of a total of 57,706,960 Angus shares, representing approximately 5.28 per cent. of the share capital of Angus in issue (excluding treasury shares) on 17 January 2022 (being the last business day immediately prior to the date of this announcement).
The Irrevocable Undertaking and the letters of intent in favour of the Company represent total shareholdings of approximately 13.92 per cent. in support of the Possible Offer.