Page 67 - Investing in the Praetura Group
P. 67
67
Waterfall
Praetura Group has a prior return mechanism for
New Investors (C1) and Rolled investors (C2)
Order Share Class Amount
The Issue Price (together with
1 C1 any Arrears in respect of the C1
Ordinary Shares)
The Issue Price (together with
any Arrears in respect of the A2
2 A2 and C2
Ordinary Shares and the C2
Ordinary Shares)
An amount up to the aggregate
of the amounts paid pursuant to
3 A1, A3, B1 and B2
rows 1 and 2 above plus the sum
of 19,965,913
The balance (if any) of any
4 A1, A2, B1, B2, B3, C1 and C2
surplus assets
The prior return mechanism ensures that Investors are repaid prior to
any value being ascribed to sweet equity or growth shares
Investor share classes highlighted in blue
