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Well, that’s the last of my top up pre split for me. Far greater holding than I expected but think move to main market and updates post 2/11 will drive price up and reward all LTHs.
BMO3, my heart bleeds for Charlotte and you. You’re both so brave. Sending my very best wishes
GLA
On the positive... anyone who was only holding for a s/t trade has probably left the building.....
The last of the bedwetters gone now the fun begins.
Totally agree ref BMO3. It’s fascinating to be part of this (even in such a small way). Can’t help thinking we’re in for lots of news flow post split
BMO3 Your contribution and posts are first class.
neil am always happy to help if i can :-)
I don’t understand why people are taking the risk with the cut off dates !!! Better to be safe than sorry for me
The price action isn’t what many of us expected, myself included. I doubled up last week to give me shares to trade into an expected increase, but I am happy to add these extra shares to my long term holding as I believe that the combined value of this and the spin off company will be significantly higher within 3 to 6 months. In truth the non-event of a last day spurt has done me a favour as I will probably do better holding the lot. It shows that you can never take the market for granted. Perhaps others are taking a different view than the widely held one here that today is the last day to buy. I phoned my broker yesterday and was told I’d have to buy by Wednesday at the latest to be entitled to Accustem shares but I didn’t feel confident in that advice. Well we will see what the rest of the week brings forth, maybe a few surprises.
BMO3 I need you in my life :) Thanks.
No change to previous RNS:
RNS Number : 9646A
Tiziana Life Sciences PLC
02 October 2020
THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 596/2014.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
Tiziana Life Sciences Plc (the "Company")
Result of General Meeting
At the General Meeting of the Company held at 11.00 a.m. on 2 October 2020, both of the resolutions were duly passed.
The anticipated timetable for the demerger of Accustem Sciences Limited (to be re-registered as Accustem Sciences Plc) is as follows:
14 October 2020 - Court Hearing for Directions
27 October 2020 - Final Court Hearing to approve Reduction of Capital
29 October 2020 -Reduction of Capital becomes effective
7:00 a.m. on 30 October 2020 - Demerger Record Time
30 October 2020 - Completion of Demerger
2 November 2020 - Ex-entitlement date for Accustem Shares
The Company confirms that it has now received clearance from HMRC under section 138(1) of the Taxation of Chargeable Gains Act 1992 that HMRC is satisfied that the Demerger is being effected for bona fide commercial reasons and does not form part of a scheme or arrangements of which the main purpose, or one of the main purposes, is avoidance of a liability to capital gains tax or corporation tax. Accordingly, Shareholders should not be treated, by virtue of the receipt of Accustem Shares under the Demerger, as making a disposal of their Tiziana Shares for the purposes of taxation of chargeable gains.
Capitalised terms used in this announcement have the meanings given to them in the circular to shareholders dated 16 September 2020.
The results of the poll, including the proxy voting, will be available shortly on the Company's website at https://www.tizianalifesciences.com/
The person who arranged for the release of this announcement was Gabriele Cerrone, Chairman.
neil the clocks go back on the 1 November for the yanks, so market opens this week at 1.30, and then back to the normal 2.30 :-)
Really ??
Surely that would have to be in an RNS ?
Twitter is saying ex date changed to nov 2nd
Iv'e gone Blue :) wow, I didn't realise the time, thanks BMO3.
strange earlier too, was NT to sell and had to do a few £1,000 tranches which we now easy to get through.
not understanding today to be honest.
neil it is open, and its down $4.31
NAS has been open 30 mins already & is down 6% - dragging us back
NAS already open and we are following them down
I hope so coz I'm already down on my 197 average and everything looks fantastic from where I'm sitting. It's so weird however did have a look at volume and theres 1 mill volume and only approx 400 thousand bought sold so missing 600 thousand from boghtor sold hmmm
No panic here Whimax, I have no intention of selling at these levels, i'm actually laughing !!!
Not sure why i'm laughing, but I am.
This is the time to top up if you are going to. Once Shorts have been let off (again) this will move up quickly.
This is very Bizarre, maybe when the NAS opens it might push it up, I won't hold my breath as I fear I may go blue.... GLA.
Thats the only logic i see whimax
Can anyone tell me the gains to contiue to short this .As i see it volume has been strangled so not much trade going on. And its been held in this region for ages so i cant see the point in it.Its like a stalemate just dont get it.
This is the drag down to let Shorts close imo.
HOLD! DON’T PANIC.