The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen 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.
While we're on the subject of TR1's Aidan Bishop had 45,000,000 shares at the IPO - plus he bought another 2,000,000 - and Justin Boer had 39,000,000. Plus there has never been a TR1 for the California Family fund that funded the placing at 7.2p (I'm not sure what planet they were on at the time!!!!!).
This is also a copy of the relevant info from the IPO. Towards the bottom it states that LAC Ventures Ltd had 39,000,000 shares at the time of the IPO. The extra shares issued at the time of the IPO took their holding from 24.5% to 13.7%. As of today their holding is 9.87%.
Not sure why the TR1 has popped out today. They haven't done anything by the book during there last 2 years so not sure why they've decided to be straightforward now.
11.3 Save for the Directors and Proposed Directors and their connected persons (within the meaning of section
74ZA of the Companies Law), at the date of this Document and immediately following the Placing, so far as
the Directors and Proposed Directors are aware, no person is directly or indirectly interested in more than
three per cent. of the issued Shares other than as set out below:
As at the date of this
Document
Immediately following the Placing and Admission
Name Number of
Ordinary
Shares
Percentage
of existing
issued
Ordinary
Shares
Number of
Placing
Shares
Number of
Conversio
n Shares
Total
Holdings of
Ordinary
Shares
Ordinary
Shares
under
warrant
Percentage
of issued
Enlarged
Issued
Share Capital
LAC Ventures Ltd 39,000,000 24.5% Nil Nil 39,000,000 Nil 13.7%
LDOA Holdings Ltd 6,750,000 4.2% Nil Nil 6,750,000 Nil 2.4%
Fiske Nominees 6,750,000 4.5% Nil Nil 6,750,000 Nil 2.3%
Moshe Akobi 4,500,000 3% Nil Nil 4,500,000 Nil 1.5%
Neil Norman Nil Nil Nil 10,030,563 10,030,563 Nil 3.5%
As at 30 July 2018, (being the latest practicable date prior to the publication of this Document),
the Company has been notified that the following persons are directly or indirectly interested
in three per cent. or more of the Company’s issued ordinary share capital or voting rights:
All of the Ordinary Shares rank pari passu in all aspects.
Monza Capital Ventures Ltd is ultimately owned and controlled by Oyster Trust SARL as trustee
of Marco Polo Trust of which Aidan Bishop, the Company’s Executive Chairman and Founder
of BigDish, is a discretionary beneficiary.
Aidan Bishop, Monza Capital Ventures Ltd and Joost Boer have, conditional on Admission,
entered into a relationship agreement with the Company to govern that the Board will operate
independently of him and all decisions taken by the Board will be made for the benefit of
Shareholders as a whole.
Name Number of
Ordinary
Shares as at
the date of
this
Document
Percentage of
Existing
Ordinary
Shares as at
the date of
this
Document
Number of
Ordinary
Shares held
on Admission
Percentage of
Ordinary
Shares held
on Admission
Monza Capital
Ventures Ltd
45,000,000 28.2% 45,000,000 15.8%
Oyster Trust
SARL
Nil Nil 40,000,000 14.0%
Joost Boer 39,000,000 24.4% 39,000,000 13.7%
LAC Venture
Ltd
39,000,000 24.4% 39,000,000 13.7%
LDOA
Holdings Ltd
6,750,000 4.2% 6,750,000 2.4%
Neil Norman Nil Nil 10,030,563 3.5%
SELL Trade?
Wheres the trade of 3 Million shares?
Can't buy!
LAC Ventures Ltd have held 39,000,000 shares since the IPO. Now they have 36,000,000 so they have sold 3,000,000.
ART you old Chum!
Is this an additional buy?
Sell?
£720,000!
Can anyone confirm is it a BUY of 36 Million shares
is it around £72K based around 2p per share
LAC Ventures Ltd have had their holding since the IPO.
https://bigdishplc.com/wp-content/uploads/2018/07/Prospectus-31.7.2018.pdf
See Page 194. They had 39,000,000 shares at the time of the IPO - August 2018.
See also Page 7 which confirms the above.
Had to buy some on that RNS.
Not sure tbh but that's a good signal to see someone of their ilk taken so many. This should do very, very well tomorrow.
GLA
36 Million shares say @ 2p = £72K
Maybe and i'm just speculating here....possibly something to do with the financing??
"Our vision is to become a trusted partner to every entrepreneur that we back and assist in their journey towards scale and significance."
They position in tech names. Here they are:
https://lewisandclarkventures.com/