ratio to ensure that the benefits of Warrant holders are no less favorable in the event of the following: (1) when the Company changes the par value of the ordinary shares due to a consolidation or split
well on track. After having over- delivered on our targets by 21% in 2020, IVL has made progress as planned in 1Q21. The program has yielded US$67M this quarter, split evenly between business-led
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