Register
Login:
Share:
Email Facebook Twitter


Share Views: Mike van Dulken on today's Company Results and Macro considerations


Orogen Plc Share Chat (ORE)



Share Price: 1.70Bid: 1.65Ask: 1.75Change: 0.00 (0.00%)No Movement on Orogen Plc
Spread: 0.10Spread as %: 6.06%Open: 1.70High: 1.70Low: 1.70Yesterday’s Close: 1.70


Share Discussion for Orogen Plc


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


KUMS
Posts: 17,576
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.70
Buses
26 May '17
When they come they come in 2s'!

LOL!
 
KUMS
Posts: 17,576
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.70
RNS
26 May '17
Loan to Thread 35 Limited and temporary suspension

Heads of terms agreed for acquisition

Potential reverse transaction of e-commerce womenswear brand

Orogen plc (AIM: ORO), the recently formed AIM Rule 15 cash shell seeking a reverse takeover candidate, announces it has agreed heads of terms with Thread 35 Limited ("Thread") to acquire Thread's entire issued share capital, subject to certain conditions and due diligence. This acquisition would constitute a reverse transaction under the AIM Rules. Thread operates an e-commerce womenswear brand, targeting 35-55-year-old women under the brand name "Sosandar".

As part of the proposed transaction Orogen has made a secured loan of up to £250,000 ("Loan") to Thread. The Loan is interest free and may be drawn down in two tranches.

The first tranche of £100,000 may be drawn down immediately, whilst the second tranche may only be drawn down on the condition that letters of intent are obtained by the Company from Thread's shareholders to accept the terms of an offer to acquire their shares.

Temporary suspension

Consequently, the Company has requested that trading in its shares is temporarily suspended, pending either the publication of an admission document or until the proposed acquisition negotiations are terminated.

Adam Reynolds, Chairman of Orogen, commented: "I am delighted that Orogen has found an attractive acquisition opportunity so quickly. Sosandar is operating in a market that is showing significant growth and it has a highly motivated and experienced management team. With added balance sheet strength I believe we will be able to accelerate this growth opportunity, benefiting all shareholders in the enlarged group."
smidsy
Posts: 5,342
Off Topic
Opinion:No Opinion
Price:1.70
RE: RNS
26 May '17
I managed to find it lol.

Orogen plc

("Orogen" or the "Company")

Loan to Thread 35 Limited and temporary suspension

Heads of terms agreed for acquisition

Potential reverse transaction of e-commerce womenswear brand

Orogen plc (AIM: ORO), the recently formed AIM Rule 15 cash shell seeking a reverse takeover candidate, announces it has agreed heads of terms with Thread 35 Limited ("Thread") to acquire Thread's entire issued share capital, subject to certain conditions and due diligence. This acquisition would constitute a reverse transaction under the AIM Rules. Thread operates an e-commerce womenswear brand, targeting 35-55-year-old women under the brand name "Sosandar".

As part of the proposed transaction Orogen has made a secured loan of up to £250,000 ("Loan") to Thread. The Loan is interest free and may be drawn down in two tranches.

The first tranche of £100,000 may be drawn down immediately, whilst the second tranche may only be drawn down on the condition that letters of intent are obtained by the Company from Thread's shareholders to accept the terms of an offer to acquire their shares.

Temporary suspension

Consequently, the Company has requested that trading in its shares is temporarily suspended, pending either the publication of an admission document or until the proposed acquisition negotiations are terminated.
smidsy
Posts: 5,342
Off Topic
Opinion:No Opinion
Price:1.70
RNS
26 May '17
Morning all. Can someone post the RNS please. I am having difficulty finding it.
Thanks
cookiecrew
Posts: 17,072
Off Topic
Opinion:No Opinion
Price:1.70
Rns
26 May '17
RNS suspension ,am I reading this right ???
EricDraven
Posts: 23,267
Off Topic
Opinion:No Opinion
Price:1.70
KUMS
25 May '17
It is a low price, but there is still no asset reported yet.
KUMS
Posts: 17,576
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:1.70
Been
25 May '17
taking advantage during stock transfer etc we see recently and topping up.

No brainer at this level.
EricDraven
Posts: 23,267
Off Topic
Opinion:No Opinion
Price:1.70
FunkyGibbon
25 May '17
Best of luck.
FunkyGibbon
Posts: 961
Off Topic
Opinion:No Opinion
Price:1.70
RE: FunkyGibbon
24 May '17
Funny you mention that. 😎

Keep smiling
EricDraven
Posts: 23,267
Off Topic
Opinion:No Opinion
Price:1.70
FunkyGibbon
24 May '17
Was it your thumb? Lol.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.