Bugbird, AFAIK, The Share Centre is the only broker lined up to interface with Asset Match but check with your broker. If he can't do it then you will have to ask him to transfer your shares to The Share Centre so that you can then authorise their inclusion in an auction.
Hi All, I have a small amount of shares in DDD, I thought I had lost the entire value until reading this board, forgive me as I am not a big share investor but to trade my shares now do I need to get the certificate back from my existing broker ? Or can they trade with Asst Match on my behalf ? Thank you in advance for your help. Regards.
…and look who was happy to snap up those auction shares at 0.5p:
"Director Share Purchase 28 July 2016 DDD Group plc confirms that on 28 July 2016 the Company was notified that Mr. Nicholas Brigstocke, Chairman and non-executive Director of the Company, purchased 574,278 ordinary 1p shares of the Company at an average purchase price of 0.5p per share (the "Share Purchase") at the auction on 27 July 2016 through the Asset Match matched bargain facility. Following the Share Purchase, Mr. Brigstocke's interest in the Company stands at 3,581,323 Ordinary Shares or approximately 1.9% of the issued ordinary share capital and total voting rights in the Company."
Cameron and Osborne aside for a moment, I thought it worthwhile posting on here. I represent a firm called Asset Match who Shylock very kindly referred to in an earlier thread.
We are managing an aftermarket for DDD Group post AIM, so should anyone wish to get involved on the trading side, simply keep track of the price and/or keep up to date with developments at the company, then you can do so by registering on our platform. It's free to register and will literally take you 30 seconds.
As some of you alluded to earlier, you will have undoubtedly noticed that the share price came off dramatically when DDD initially announced they wanted to come off market but sadly that's just the nature of the beast. Does that mean that the shares should be worth c.-80% simply because AIM has served it's purpose.....absolutely not. Market makers pull the price and seemingly everyone wants out simply because most institutions won't hold onto unlisted stock coupled with the fact that investors see the last days of trading as the only opportunity to cash out.
Essentially that's why we exist; to provide liquidity in private company shares.
Along with DDD Group, we manage a trading facility for six other firms who also chose to delist from AIM and the ISDX. The other fifteen odd companies we look after are made up of private companies who either do not need to raise cash so can't see the point in listing on the public markets as well as a couple who are treating Asset Match as a training ground ahead of an IPO.
Apologies for the rather long winded post but I just thought it would keep you shareholders in the loop.
If you need any help or have questions then please don't hesitate to get in touch.
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