OTCPK:NNDIF - Post by User
Comment by
schocoron Feb 02, 2023 8:05pm
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Post# 35263715
RE:RE:RE:Glencore and Directors - 10% of Priority Units Gets 7 Seats
RE:RE:RE:Glencore and Directors - 10% of Priority Units Gets 7 Seats rjb1954 wrote: When do they have tor report that they have bought any Priority shares?
i dont believe they would have to report purchases of priority units as long as they own less than 10%.
once they hit 10% they have three days to report that they have reached that level; at which time they will have locked up control of the board with 7 seats.
somebody tell me i am looking at this incorrectly