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Hayward Tyler Group Share Chat (HAYT)


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graham-wales
Posts: 31,887
Off Topic
Opinion:No Opinion
Price:44.00
RE: HAYT
28 Jun '17
Misread it wrong totally confused now as last announcement said 23rd June lol
 
graham-wales
Posts: 31,887
Off Topic
Opinion:No Opinion
Price:44.00
RE: HAYT
28 Jun '17
Further to an announcement on 28 April 2017, in accordance with Rule 2.6(c) of the Code, Avingtrans was required to announce either a firm intention to make an offer for the Company (pursuant to Rule 2.7 of the Code) or announce that it does not intend to make an offer (pursuant to Rule 2.8 of the Code) by 5:00pm today (being the 28th day following the date of the announcement of the first extension to the deadline pursuant to Rule 2.6(a)).

Has this changed now then?.
the_shareminator
Posts: 10,731
Off Topic
Opinion:No Opinion
Price:44.00
HAYT
28 Jun '17
For avoidance of doubt, everything is being announced on the 30th June, there is nothing due today

The Board of Hayward Tyler announces that, at its request, the Panel on Takeovers and Mergers (the "Panel") has consented to a further extension of this deadline in accordance with Rule 2.6(c) of the Code and, accordingly, Avingtrans must, by no later than 5.00pm on 30 June 2017, either announce a firm intention to make an offer for Hayward Tyler in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be further extended with the consent of the Panel.

The Company intends to announce its results for the year ended 31 March 2017 on Friday 30 June 2017.

http://www.investegate.co.uk/hayward-tyler-group--hayt-/rns/extension-to-deadline-under-rule2-6-c-/201706230700099575I/

The Group also continues to have constructive discussions with RBS with respect to the repayment of £2.4 million of short term banking facilities and the annualised measurement of the financial covenants, both of which have been extended from 31 May to 30 June 2017.

http://www.investegate.co.uk/hayward-tyler-group--hayt-/rns/update-on-banking-facilities/201706010711368079G/
chanjael
Posts: 153
Off Topic
Opinion:No Opinion
Price:44.00
RE: Results
28 Jun '17
Hi Flundra, thank you for your concern in the undies department. I think a trip to M&S will be in order at some stage tomorrow, just as a back up ;-) - lots of negativity on the ADVFN AVG board I notice. Worryingly, most on that side of the fence seem to firmly believe that they'll pick up HAYT for a snip! AVG share price has rebounded strongly over the past week so I'm starting to wonder if there is more mileage in that viewpoint than I'd originally thought? Too late now I suppose, only 48 hrs until D-Day (that's assuming they don't extend again!!!)
flundra
Posts: 504
Off Topic
Opinion:No Opinion
Price:44.00
RE: Results
27 Jun '17
You're right. For some reason that RNS doesn't appear in the LSE RNS list.

So the AVG situation may be resolved at the same time. Should be interesting.
dannatt
Posts: 13
Off Topic
Opinion:No Opinion
Price:44.00
Results
27 Jun '17
Rns 95751 says results due on Friday 30th
flundra
Posts: 504
Off Topic
Opinion:No Opinion
Price:44.00
RE: Results
27 Jun '17
Hi chanjael
Hope your undies are bearing up under the strain!
Yes, it's results tomorrow. The 20/4 RNS has the details. Expect a 7am RNS tomorrow. We know the results figures won't be pretty, but hopefully the bad news is all out now and there'll no more nasty surprises. The briefing at 10am should be the more interesting bit, with some recent info and forward guidance given maybe.
Unless they declare tomorrow morning too, there'll also be an elephant in the room by the name of AVG. They have till Friday to declare their hand (or foot!)
chanjael
Posts: 153
Off Topic
Opinion:No Opinion
Price:45.50
Results
26 Jun '17
Am I correct in thinking the YE results will be announced this Wednesday 28th? Or is it the 30th along with Banking and T/O deadline?
Dinoken
Posts: 301
Off Topic
Opinion:No Opinion
Price:45.50
RE: Planned.
23 Jun '17
Probably arguing about who gets what deckchairs - i.e. composition of new board. Not sure if any HAYT directors will get a look-in, which might be a show stopper. Seen this happen before. BWDIK
flundra
Posts: 504
Off Topic
Opinion:No Opinion
Price:45.50
RE: Going to the wire again
23 Jun '17
O not again. Come on AVG, slap it on the table or push off.




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