MQG


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MQG

Multi-threaded Query Gate
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Following strong support, MQG has closed the Bookbuild early and allocated $A500m in commitments to brokers and institutional investors.
No more than four million MQG Shares will be issued for Exchangeable Shares; any consideration exceeding that amount will be settled in cash in accordance with the terms of the Exchangeable Shares.
It proposes to introduce a maximum guaranteed quantity (MQG) for long flax fibres (75,500 tonnes per year for all the Member States) and a MQG for all short flax and hemp fibres (119,250 tonnes in total).