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Blinkx Share Chat (BLNX)



Share Price: 34.00Bid: 34.00Ask: 32.50Change: -0.50 (-1.45%)Faller - Blinkx
Spread: -1.50Spread as %: -4.41%Open: 0.00High: 0.00Low: 0.00Yesterday’s Close: 34.50



Share Discussion for Blinkx (BLNX)


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Sargee
Posts: 4
Off Topic
Opinion:No Opinion
Price:34.50
Joy
Today 00:56
Have to leave it forgive the pun but no joy lol
 
NellyIam
Posts: 102
Off Topic
Opinion:No Opinion
Price:34.50
View Thread (2)
RE: BlinkxSAG
Tue 22:43
Registered
Joy13
Posts: 510
Off Topic
Opinion:No Opinion
Price:34.50
Swooped
Tue 21:18
Many thanks again for all the admin your doing here, it's appreciated.

I'm afraid I've got to have a giggle, this particular sentence below... I think I can just about make that criteria...just! ( meant as a joke..just trying to lighten the boards mood )

"amount averaging at least £100 per member"
Joy13
Posts: 510
Off Topic
Opinion:No Opinion
Price:34.50
Sarge
Tue 21:10
Did you manage to register?
I got an acknowledgement email back within a few hours..

Have you seen the silly trades again? I'm just hoping it's something positive.....
Good luck
Joy13
Posts: 510
Off Topic
Opinion:No Opinion
Price:34.50
Sarge
Tue 21:06
I did wonder if it was you!
Must be the heat!
Sargee
Posts: 4
Off Topic
Opinion:No Opinion
Price:34.50
Joy
Tue 20:16
Sarge
Sargee
Posts: 4
Off Topic
Opinion:No Opinion
Price:34.50
Joy
Tue 20:14
It's me serge had to log in with another name iPad went up the wall and it would not let me log on lol
Swooped
Posts: 855
Off Topic
Opinion:No Opinion
Price:34.50
View Thread (2)
RE: Ruling on 5% or 100 shareholder..
Tue 19:43
Missed of the end

will have to bear the costs, unless the company resolves otherwise.
Swooped
Posts: 855
Off Topic
Opinion:No Opinion
Price:34.50
View Thread (2)
Ruling on 5% or 100 shareholders
Tue 19:42
Statutory powers
The Companies Act 2006 (the “2006 Act”) sets out the legal framework within which shareholders can exercise their legal rights in pursuit of an activist agenda. Shareholders in public companies have various rights which they can exercise to achieve their objectives. As set out below – some are applicable to all public companies, others just to listed companies. In addition, some of these powers can be exercised by the beneficial owners of the shares in certain circumstances.
References to sections are to sections of the 2006 Act.
Requisitioning a general meeting
This provides members with the means to generate the platform needed to propose their desired resolution.
Following the implementation of the Shareholder Rights Directive in August 2009, members with fully paid up shareholdings representing at least 5% of a public company’s total voting rights are entitled to require the directors to call a general meeting of the company. The request must detail the nature of the business to be dealt with at the meeting and may specify wording for a proposed resolution to be tabled at the meeting. Under the 2006 Act, all UK public companies can convene general meetings (other than AGMs) on 14 clear days’ notice (subject to longer provisions in their articles). The Shareholder Rights Directive, however, increased this to 21 clear days for companies listed on the Official List, but the UK adopted an option for these companies to continue to take advantage of the original 14 clear days requirement, provided that:
(a) shareholders pass a special resolution every year at the AGM, approving the shortening of the general meeting notice period to 14 clear days, and
(b) the company offers “the facility for shareholders to vote by electronic means accessible to all shareholders”.
A proposed resolution (whether at a requisitioned meeting or proposed for an AGM) will not be permitted if it:
- would be ineffective as a result of it being inconsistent with the company’s articles of association,
- is defamatory, or
- is vexatious or frivolous.
An example timeline for requisitioning a general meeting is set out on page 12 of the guide.
Requisitioning the circulation of a statement
Members with shareholdings representing at least 5% of the total voting rights, or shareholders who are at least 100 in number and whose shares are paid up by an amount averaging at least £100 per member, are entitled to require the company to circulate to shareholders a statement (of up to 1,000 words) regarding a proposed resolution, or other business, to be dealt with at that meeting. The company must receive the statement at least one week before the meeting. If the relevant meeting is an AGM and the request is received prior to the end of the financial year preceding the AGM,the company is required to bear the costs of circulating the statement - if
not, the members requiring the statement to be circulate
rustybucket
Posts: 7,897
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:34.50
The wonderbrabar
Tue 19:35
Reading the link that was posted about share activist groups I am sure it says holders of 5% or shares or 100 individuals.



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