George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
CloudCoCo are proud to be GO GO with @ypoprocurement
(one of the largest public sector frameworks in the UK). We are listed on Lots 5 and 10 which gives public sector orgs an opportunity to procure #DataCentre #Maintenance #Cloud & #Security through its unique ecosystem
https://twitter.com/cloudcoco1/status/1159123685028089856?s=21
Concert Party interests in the Enlarged Share Capital following completion of the Acquisition
Together with MXC Capital’s interests in 15.3 per cent. of the Enlarged Share Capital, you
should note that if the Acquisition completes, the Concert Party will hold 64.3 per cent. of
the voting rights of the Company, as set out in table in paragraph 9.4 of this letter. For so
long as the Concert Party holds more than 50 per cent. of the voting rights, the Concert Party
may accordingly increase its interest in shares without incurring any obligation under Rule
9 to make a mandatory general offer, although other individual members of the Concert Party
(i.e. Mark and Caroline Halpin who together will hold 31.6 per cent. of the total voting rights
if the Acquisition completes) will not be able to increase their percentage interests in shares
through or between a Rule 9 threshold without Takeover Panel consent. In the event that
the Whitewash Resolution is approved at the General Meeting, the Concert Party will not be
restricted from making an offer for the Company.
You should also note that, if the Acquisition proceeds, the Concert Party’s interest in the
voting rights of the Company combined will result in an increase in the percentage of the
Ordinary Shares that are not in public hands (as defined in the AIM Rules). This may in turn
have the effect of reducing the liquidity of trading in the Ordinary Shares on AIM. The Concert
Party’s stake in the voting rights of the Company will also mean that the Concert Party will
be able, if it so wishes, to exert significant influence over resolutions proposed at future
general meetings of the Company.
Thats a lot of skin in the game!! and they wont get a penny for 12 months they must be super confident ofa big pay day
Perfectly poised, the future starts now with great things to come with the acquisition of Cloudcoco " the UK's fastest growing IT company "...there will only be 12.6% shares in free float on deal completion, 57m shares only from the new enlarged share capital with the rest firmly held by Directors, Major shareholders and CloudCoCo..Shares will be as rare as hens teeth....Grab 'em while you can....Significant upside on deal completion and then news of Cloudcoco's "two new very large and exciting new clients " to follow...BOOM!!!:-)
It's having a rest, might dip shortly
Cloudcoco have recently signed "Two new VERY LARGE AND EXCITING NEW CLIENT CONTRACTS" , and if they are indeed "very large and exciting" as suggested by Cloudcoco, then no doubt this will have a highly positive effect on the sp and so personally i'm extremely excited at the prospect and potential upside on disclosure, which should quickly follow confirmation of deal completion expected to be concluded at Monday's 10am GM, and so maybe a day or two thereafter.
Additionally, the creation of this new debt free enterprise, the CloudCoco Group, led by a dynamic, strong and experienced development sales team, offers tremendous upside potential in the coming weeks and months as new business and client contracts are confirmed as well as expanding and developing AD4's and Cloudcoco's existing business and revenue streams, in the cutting edge and rapidly growing Cloud computing technology services sector that many organisations are adopting to enable their digital transformation, and so right time and right place for CloudCoCo and those invested, with "the cloud tech services market projected to grow 17.3% ($206 billion) in 2019, up from $175.8 billion in 2018 and by 2022, 90% of organisations will be using cloud services."
Cloudcoco's recently announced inclusion in YPO's public sector £400m data center network, could provide significant revenue, one of 32 companies given fast track status, and one of eleven companies from the 32 given first shake on running co-location data centres for public bodies, and so potentially their share of £400m could be more than most, and highly significant.
They've also recently been given supplier status on the Government's G-Cloud 11 framework, which could also provide significant revenue, the privately run firm UK Cloud Ltd has has secured £91.65m in business through its involvement in the framework, with Genomics England emerging as its biggest G-Cloud customer overall, having procured £15.8m of services from UKCloud so far, and so the numbers could be significantly higher than many realise.
All in all, The CloudCoCo Group potentially looks like a very sound investment imho, and now look forward to expected positive newsflow which hopefully will add significant value in the coming days, weeks and months ahead. Gla Holders....D Day fast approaching........Excitement building....the future starts now!!! ;-)
thought it was 12.6% free float :-)
Same. Assuming it's passed.
Just had a quick look and they ll take 15 grands worth off me for just over 3.5 pence. They need sellers
Only 33% freefloat
Theyre going to need to drop this to spook some sellers when this becomes official today, free float is going to be pretty small. Fingers crossed its gets through 4 pence then were off
LOCK IN AND ORDERLY MARKET AGREEMENT
The Sellers have agreed to enter into lock-in deeds on Completion whereby they undertake not, for a period of 12 months from Completion, to sell, charge or grant any interest over any Acquisition Shares held by them; and to not, for a further period of 12 months thereafter, make any disposal of any Acquisition Shares
otherwise than through N+1 Singer subject in each instance to customary carve-outs.
Further details of the Lock In Agreement are set out in the Appendix to this document.
Sell the rumour. I'm holding til news, breaking 4p will be the issue
They're buys. Sell price is 3.45.
sells moped up by buys.. thanks very much sellers
Confused by why ppl are selling now. Could sell for a lot higher later on.
https://cdn2.hubspot.net/hubfs/4247851/October%202019%20Shareholder%20Circular.pdf
7-9p, this would bring it back in line with the 2016-17 range. Could be more with the 2year deals. Clearly a progressive company!
It is proposed that Andy Mills, current chairman of CloudCoCo, will join the
board of Adept4 as Chief Executive Officer and will focus on driving the growth of the Enlarged Group. Mark Halpin (founder and current Chief Executive Officer of CloudCoCo) will lead the business development activities, with Robert Speight and Graham Collinson (respectively CloudCoCo’s Chief Sales Officer and Chief Operating Officer) concentrating on existing customers of the Enlarged Group.
57 million very nice all leading to an enormous rise here guys well done 2 new contracts as well
This is surely going to blow on news later...but by how much??? Need to see those 2 deals when theyre announced.
https://www.digitalmarketplace.service.gov.uk/g-cloud/supplier/709757
LOCK IN AND ORDERLY MARKET AGREEMENT
The Sellers have agreed to enter into lock-in deeds on Completion whereby they undertake not, for a period of 12 months from Completion, to sell, charge or grant any interest over any Acquisition Shares held by them; and to not, for a further period of 12 months thereafter, make any disposal of any Acquisition Shares
otherwise than through N+1 Singer subject in each instance to customary carve-outs.
Further details of the Lock In Agreement are set out in the Appendix to this document.
AD4 the future starts now with great things to come with the acquisition of Cloudcoco " the UK's fastest growing IT company "...there will only be 12.6% shares in free float on deal completion, 57m shares only from the new enlarged share capital with the rest firmly held by Directors, Major shareholders and CloudCoCo..Shares will be as rare as hens teeth....Grab 'em while you can....Significant upside on deal completion and then news of Cloudcoco's "two new very large and exciting new clients " to follow.