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That would be a great idea (BBC Panorama).
Would anyone know how to do it.
Has anyone also sought to contact BBC Panorama? For me there is two fold issues;
a) Directors of AIM doing what they want; and
b) AIM knowingly allowing reports of misdemeanours going uninvestigated.
A newsworthy story for them if there ever was one.
sent my letter template to the FCA/AIM - lets hope some serious action is taken.
Raining here tomorrow, Papa. Time to catch up on some paperwork and send the email template off.
Just testing to see if this chat is still open.
Please Note that the correct email address for Mark Stewart/Haed of FCA is mark.stewart2@fca.org.uk , the posted email address didn’t have the (2)
GLA
That’s my email copied and pasted and sent to the head of AIM and LSE.
JOB DONE.
Hope they investigate the dodgy dealings waisting PIs money.
I do hope more of you have done the same.
Good luck all.
Concerns emailed to Mr Stuttard and hopefully received along with many more concerned holders
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This is a clear breach of fiduciary duty that has resulted in the deprivation of value to AAOG through the sale of the ESA stock block at a significant discount to Mr Jennings and Co’s offer. This comes on top of many millions of shares being voted against the resolutions at the GM on the 13th January and that were simply disallowed with AAOG directors being purposefully opaque until mere days before the voting deadline as to the procedure to follow.
The AIM market has become riddled with corruption, fraud and the latent protection of vested interests of crooked directors rather than the furtherment of their shareholders interests in recent years. In short the market that you preside over has become toxic. It is time that proper and thorough investigations into wrong doing is acted upon and there seems to be more than ample material for you here to send such a message to the wider market in bringing wrongdoers to the wider market’s attention should you establish such.
This whole AAOG episode is an example of where directors interests are at clear cross purposes to their very shareholders they are tasked to represent. It is a travesty of epic proportions.
CC Christopher Raggett, Finncap
CC Mark Steward, FCA Head of Enforcement
Richard Jennings
Director
Align Research Ltd
Richard.Jennings@alignresearch.co.uk
Tel 0203 609 0910 or 07921 513393
snap.
It seems some people were having trouble downloading the template below. Here it is again.
As u probably saw, sadly Ms Cope saw fit to accept another worse deal for shareholders than the one we proposed last week,
With this in mind if u want to do something hopefully positive to bring her and her cohorts to account for their actions in recent months below is a template letter to send to the following email addresses: craggett@finncap.com; Marcus.stuttard@lseg.com; mark.steward@fca.org.uk – they are the Nomad, head of LSE/AIM reg and the Head of enforcements at the FCA. Feel free to cc me in if u wish.
This just may prompt an investigation if enough people complain.
Dear Mr Stuttard
I write to you as a concerned shareholder of Anglo African Oil & Gas Plc (“AAOG”) and one that is significantly out of pocket.
My concerns centre around 3 issues:
1 The accuracy of the RNS’ released by the Company from end 2018 through to the summer of 2019 and that I had relied upon with regards to my investment in AAOG. Further, Mr Sefton held a number of video interviews with Proactive Investors in which the clear and overt message was that the Tilapia field drilling was better than anticipated. Subsequent events that have brought the company to the brink of bankruptcy, with inordinate sums running to seven figures spent on travel and hospitality as detailed in the company’s most recent report and accounts, have shown many of these statements to be, at best questionable, at worst outright misleading.
2 Seeming conflicts of interests on the part of David Sefton and James Berwick in particular and that appear to continue to this day with the current incumbent board surrounding the use of AAOG company funds, in particular relating to the aborted acquisition of the Medco Tunisia assets in which Mr Sefton & Mr Berwick then invested through those assets’ acquisition within Anglo Tunisian Oil & Gas Ltd.
3 What looks to be a clear breach of fiduciary duty on the part of the current Board, in particular Ms Sarah Cope who has singularly obfuscated attempts by Richard Jennings of Align Research and his consortia to attempt to rescue value within the company. By way of background, as per the open letter to you per here - http://www.alignresearch.co.uk/anglo-african-oil-gas/open-letter-to-marcus-stuttard-ref-anglo-african-oil-gas-plc/ from Mr Jennings of 19 January 2020 it seems that a solid offer from Mr Jennings and Co that was at a higher level than that which Ms Cope and her remaining Board sold the block of ESA stock held by Riverfort & Yorkville was simply ignored. This is a clear breach of fiduciary duty that has resulted in the deprivation of value to AAOG through the sale of the ESA stock blo
**here you go Big, this was the remaining part of the email from Richard today, its too long for one post. so add this to the end of Merlins post ***
3 What looks to be a clear breach of fiduciary duty on the part of the current Board, in particular Ms Sarah Cope who has singularly obfuscated attempts by Richard Jennings of Align Research and his consortia to attempt to rescue value within the company.
By way of background, as per the open letter to you per here - http://www.alignresearch.co.uk/anglo-african-oil-gas/open-letter-to-marcus-stuttard-ref-anglo-african-oil-gas-plc/ from Mr Jennings of 19 January 2020 it seems that a solid offer from Mr Jennings and Co that was at a higher level than that which Ms Cope and her remaining Board sold the block of ESA stock held by Riverfort & Yorkville was simply ignored. This is a clear breach of fiduciary duty that has resulted in the deprivation of value to AAOG through the sale of the ESA stock block at a significant discount to Mr Jennings and Co’s offer. This comes on top of many millions of shares being voted against the resolutions at the GM on the 13th January and that were simply disallowed with AAOG directors being purposefully opaque until mere days before the voting deadline as to the procedure to follow.
The AIM market has become riddled with corruption, fraud and the latent protection of vested interests of crooked directors rather than the furtherment of their shareholders interests in recent years. In short the market that you preside over has become toxic. It is time that proper and thorough investigations into wrong doing is acted upon and there seems to be more than ample material for you here to send such a message to the wider market in bringing wrongdoers to the wider market’s attention should you establish such.
This whole AAOG episode is an example of where directors interests are at clear cross purposes to their very shareholders they are tasked to represent. It is a travesty of epic proportions.
CC Christopher Raggett, Finncap
CC Mark Steward, FCA Head of Enforcement
Richard Jennings
Director
Align Research Ltd
Please post the full letter for sending regarding the investigation.
All investors / shareholders should be sending this or stop complaining on here everyday.
Thank you Merlin for sharing (part) of the Align email. The best way to read it in full and get the template letter to press for an investigation is to email richard.jennings@alignresearch.co.uk and ask to be added to the AAOG shareholder list.
This is important guys. A lot of our cash is at stake.
As u probably saw, sadly Ms Cope saw fit to accept another worse deal for shareholders than the one we proposed last week,
It seems some people were having trouble downloading the template below. Here it is again.
As u probably saw, sadly Ms Cope saw fit to accept another worse deal for shareholders than the one we proposed last week,
With this in mind if u want to do something hopefully positive to bring her and her cohorts to account for their actions in recent months below is a template letter to send to the following email addresses: craggett@finncap.com; Marcus.stuttard@lseg.com; mark.steward@fca.org.uk – they are the Nomad, head of LSE/AIM reg and the Head of enforcements at the FCA. Feel free to cc me in if u wish.
This just may prompt an investigation if enough people complain.
Dear Mr Stuttard
I write to you as a concerned shareholder of Anglo African Oil & Gas Plc (“AAOG”) and one that is significantly out of pocket.
My concerns centre around 3 issues:
1 The accuracy of the RNS’ released by the Company from end 2018 through to the summer of 2019 and that I had relied upon with regards to my investment in AAOG. Further, Mr Sefton held a number of video interviews with Proactive Investors in which the clear and overt message was that the Tilapia field drilling was better than anticipated. Subsequent events that have brought the company to the brink of bankruptcy, with inordinate sums running to seven figures spent on travel and hospitality as detailed in the company’s most recent report and accounts, have shown many of these statements to be, at best questionable, at worst outright misleading.
2 Seeming conflicts of interests on the part of David Sefton and James Berwick in particular and that appear to continue to this day with the current incumbent board surrounding the use of AAOG company funds, in particular relating to the aborted acquisition of the Medco Tunisia assets in which Mr Sefton & Mr Berwick then invested through those assets’ acquisition within Anglo Tunisian Oil & Gas Ltd.
3 What looks to be a clear breach of fiduciary duty on the part of the current Board, in particular Ms Sarah Cope who has singularly obfuscated attempts by Richard Jennings of Align Research and his consortia to attempt to rescue value within the company.