Dear Sir or Madam,
I am writing to you as a shareholder with residence in Germany and shares in Galaxy and Orocobre. According to a section from the Galaxy Merger Scheme Booklet (www.orocobre.com/wp/?mdocs-file=7921), I will not be taken into account in the upcoming share conversion at a subscription ratio of 0.569 ORE shares per GXY share. The corresponding excerpt in chapter 3.13 on page 57:
3.13 Ineligible Shareholders
(a) Ineligible Overseas Shareholders
Restrictions in certain foreign countries may make it impractical or unlawful for New Orocobre Shares to be offered, or issued, under the Scheme to Scheme Shareholders in those countries. Galaxy Shareholders whose address as shown in the Galaxy Register on the Scheme Record Date is a place outside of Australia and New Zealand (and their respective external territories) are Ineligible Overseas Shareholders, other than any Galaxy Shareholder to whom Orocobre determines (in its sole and absolute discretion) that it is lawful and not unduly impracticable or onerous for Orocobre to issue New Orocobre Shares as Scheme Consideration on the Implementation Date. Orocobre has determined that Galaxy Shareholders whose addresses are shown in the Galaxy Register on the Scheme Record Date as being in Argentina, Canada, Hong Kong or the United Kingdom, will also be entitled to receive New Orocobre Shares under the Scheme. Accordingly, a Galaxy Shareholder whose address is shown in the Galaxy Register on the Scheme Record Date as being in a place outside of Australia and New Zealand (and their external territories), Argentina, Canada, Hong Kong and the United Kingdom, will, unless Orocobre (in its sole and absolute discretion) determines otherwise, be an Ineligible Overseas Shareholder for the purposes of the Scheme and this Scheme Booklet should be read accordingly. Orocobre is not obliged to issue, and will not issue, any New Orocobre Shares to any Ineligible Overseas Shareholder, unless Orocobre determines, (in its sole and absolute discretion), that it is lawful and not unduly onerous or impracticable to issue to that Scheme Shareholder New Orocobre Shares when the Scheme becomes Effective.
Please confirm this to me so that I can then coordinate with my broker.