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Yes it's 3 days.
I have reposted this which found on Quilter over a year ago. Doesn’t match that listed on the website.
TR-1 - Notification of Major Holdings
New York/London, 15 April 2019 - Tiziana Life Sciences plc (Nasdaq: TLSA / AIM: TILS), a biotechnology company focusing on the discovery and development of innovative therapeutics for inflammation and oncology indications, today releases the TR-1 forms appended to this announcement.
The Company understands that the resultant stake in its share capital held by Quilter plc, as nominee for certain underlying shareholders, is due to the transfer of existing shareholdings from Beaufort Securities Limited (in administration), and not due to any recent on-market purchases.
Cityttrader, They have a few days to inform the market do you concur with this.
Thanks for that info
Hi Safy,
The share register is open to anyone. It is incumbant upon the shareholder to notify the company should they own more that 3% and then any increase in ownership above set levels. Equally when the shareholder lowers their holding. If Quilter have been selling more they need to announce that they have dropped below 3% from their last position of below 5%. About 7m shares.
CityTTrader
Sorry if this is a daft question....
At the request of a shareholder are TILS obliged to share the ownership of the company? Exact numbers of shares?
Thanks for the info about Quilter Safy. Interesting. So many stocks I've invested in have ii who seem to sell almost blindly without any thought about the potential of the stock. As soon as they're out the stock flies. Still wtfdik. I've topped up here today btw.
I just don't buy this story with Quilter. They sold a huge position to below 5% in a short time. If they were still selling then they would have needed to release an RNS stating they had dropped below 3% so a days trading worth of shares not 3 weeks of selling off.
Safy they were below 5% on the 21st May, how far below is anyone’s guess and if it is them they can’t be far off finished now imo.
I’m still convinced we have a buyer also and a tr1 must be very close.
Quilter didn’t invest in TILS. It appears they got their shares as a debt payment of sorts. A company went bust and that’s how Quilter got the shares. Perhaps they were a creditor.
Asher, I agree. There seems to be a slight dip in the scales towards more sellers this week.
That is what puzzles me, with all the good new why pi’s would sell. After reading how Quilter acquired the shares I’m wondering whether it’s them.
Safy In theory your right.
Still a lot of interest and once they have gone we should move north.
Im still ultra positive short Med and long term gla
Just trying to get my head around this. I’m still in Tils so nothing has changed yet.
Hit nail on the head Safy.
Sellers must outweigh the buyers at the moment. Otherwise why else would the SP go red?
Some money changing hands in them lates trades :-)
JH if you look out for end of day trades you will see that there are plenty of buyers.
Looks as though its been held back to fill a nice large order.
90,000 @1.0183 !!
vbw
MAT,
Brilliant.
vbw
Whose your broker Mana, needs to pull there socks up. Whats the Mms quoting for 30k.
Im getting 100.9p from IG
At 1.01 your effectively getting them for 0.5050 lol.
Yep I am a very simple Oldapache, but, keep it simple stupid.
gl
vbw
Surprised your order hasnt been filled Manu, i just added a further 10k SB no problems
Obv I get you want to buy, but doing it now....
I notice WINs has moved off the BID, L2 weakening.