Dorchester Pacific Limited


Transaction Type: Company meeting (Allotment)

Allottee: Hugh Green Investments Limited, The Business Bakery LP

Independent Adviser(s): Simmons Corporate Finance (Rule 18)

Date of meeting: 27/09/2011


Dorchester Pacific Limited (Dorchester) proposed to:

  • allot shares to certain shareholders upon the conversion of mandatory convertible loans that Dorchester proposed to issue;
  • vary the terms of Dorchester’s outstanding options to purchase ordinary shares; and
  • allot up to 40,000,000 of Dorchester’s ordinary shares to both Hugh Green Investments Limited and The Business Bakery LP

The allotments were approved at the shareholders’ meeting on 27 September 2011. 


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