19th Aug


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I was interested to see you hold IGG. It's a company I'm interested in but am continually put off by the potential impact of EU legislation. What are your thoughts on the potential impact of these?

My big worry is dilution. There are 48,830,503 convertible shares. That seems to be separate from the shares used to calculate dilution (126,501) which reduces eps for the half year from 3.48 to 1.45.

Hi Gray Just had a quick search for that. This article: Says that: "... the THAL Discretionary Trust ... holds the shares for the benefit of the Company's employees, directors and consultants." There's more info at the link above.

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