Complex sentence: In 2015, Frank Timis together with then CEO Alan Watling and CFO Matthew Hird took African Minerals into administration and is selling its 75% share to Shandong Iron and Steel Group for a grossly undervalued sum.
Split into simpler sentences: In 2015, Frank Timis together with then CEO Alan Watling and CFO Matthew Hird took African Minerals into administration. The company has been forced to sell its 75% share to Shandong Iron and Steel Group for a grossly undervalued sum.