Just been on my brokers site The Open Offer is subject to shareholder approval at a Annual General Meeting to be held on 10th February 2016. The Directors are also proposing to change the name of the Company to BMR Group PLC which will be subject to shareholder approval at the same meeting. If approved, it is not yet known when the Name Change will become effective. Should you retain your holding, we will notify you of any change of name.
If you accept the Open Offer, the New shares are expected to be credited to accounts on 19th February 2016. These shares will not be available to sell until this time. If for any reason the Open Offer is not completed, any payment you have made will be returned and you will be notified.
i'm surprised at the lack of info from the AGM , surely there must have been some questions asked as to the zema approval ??? I wonder if those that attended decided to keep it too themselves or if indeed no one actually bothered to go (its not like lasts year questioning has made the slightest bit of difference though)
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