If NGP tenders all of their sharesHow does any other shareholders tender their share? only 18MM shares will be purchased by NBZ for cancellation..
I dont understand this pro-rata thing.
"NGP IX Northern Blizzard S..r.l., which owns 42.4% of Northern Blizzard's Shares, has entered into a lock-up agreement to tender all of its Shares pursuant to the Offer. Northern Blizzard's directors and officers do not intend to tender their Shares."