Excluded Shareholder any Cellestis Shareholder who is a QIAGEN Group Member or any Cellestis Shareholder who holds a Cellestis Share on behalf of, or for the benefit of, any QIAGEN Group Member. (p8)Should the directors act on behalf of Qiagen it could be argued that they are, by their own definition, Excluded Shareholders and therefore unable to vote on the proposal at the Scheme Meeting.
Scheme Meeting the meeting of Cellestis Shareholders (other than Excluded Shareholders)...(p13)
Something that needs clarification from an independent legal mind.