We would love to hear your thoughts about our site and services, please take our survey 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.
Denny11
Thanks for conceding on the courteousness!
However one more example in layman's terms:
RNS
1st Jan 00: Masssive oil co (A spin off from Bigg Oil Co)intends to drill three wells One in Kent, One in Hants and One in Buckingham. In the cupoming 12 month period.
12th June00: Masssive oil co is pleased to announce the drilling of three wells in has commenced. The first in Texas is to spud in Aug 00, the second & 3 will be spudded in Q4, also in Texas.
Both FABRICATED RNS's are clear of intentions, however, what is happening with the three UK wells that were intended.
All false statements and in good humour,
BB
You cannot just say you will list in London then not mention it ever again.....
"and I don't see anything confusing or ambiguous..."
I disagree, they should have also stated clearly they no longer intend to list in London, if that is indeed the case. The reason I say that is they originally said they would list in London so if they no longer intend to they need to state it.
Bluebelly - the clues are all in the latest RNS. Ignoring the advertising at the bottom, it has three parts.
The title is "Tiziana Announces Plans to List Accustem in US".
The second part is the first para, which says "Tiziana Life Sciences plc (NASDAQ: TLSA; LSE: TILS), today announced that its former subsidiary, Accustem Sciences Limited ("Accustem"), intends to file a listing application with the Nasdaq Stock Market " drops a fairly heavy hint of what it intends to do.
The 2nd (final) para gave something of an explanation why - "The board of directors of Accustem has resolved that the Nasdaq listing venue is more appropriate to the nature of Accustem's business."
On a day when I'm feeling really picky I might concede a teeny weeny point about courteousness but the RNS is a statement of fact not an essay and I don't see anything confusing or ambiguous. Far from it, it is brief and to the point, which to my mind is a requirement for an RNS.
Denny11
From RNS 16th Sept 20:
It is intended that Accustem will seek admission to the standard segment of the Official List and admission to trading on the London Stock Exchange plc by way of an IPO in late Q4 2020 ("Accustem Admission") and potentially a dual listing on NASDAQ in 2021.
Whilst the Accustem Shares will be allotted on the completion of the Demerger, it is unlikely that the process to obtain a standard listing on the Official List and admission to trading on the London Stock Exchange will be complete by the date of completion of the Demerger. Accordingly, no Accustem Shares will be actually issued (or CREST accounts credited or Accustem ADSs issued) until the earlier of (i) Accustem Admission; and (ii) 2 months from the date of the completion of the Demerger. This is to prevent the issue of large numbers of physical share certificates which would then need to be replaced or dematerialised upon Accustem Admission.
It would be courteous to announce that they are no longer going to carry through what was previously RNS'd.
Intended (meaning)= Planned or meant!
If it is no longer intended, they should update their shareholders with clear concise information.
BB
@daveycaferacer - there's nothing confusing or ambiguous about the RNS, they didn't mention a London listing because that's not what's happening.
Thank you strictlyinc, I have learned something new today.
I have never received "free shares" before and I was wondering if the value of the shares I receive will be deemed part of my yearly ISA allowance.
So, lets say my ISA allowance for this year is £20k and I get £5k of Accustem shares will I then only have an allowance of £15K.
This is fine for me as I have not put anything into my ISA this year but I was thinking about those who put the full £20k in on the 6th April.
Any one know?
The most recent RNS on Accustem has caused confusion because it implied there would not be a listing in London as it was not mentioned. Appalling ambiguous communications by the Co's Nominated Advisor. I await their response of my request for clarification.
Hi there
Yes, just recieved the same email from ii.
No, they cannot transfer them i have the same problem moving my pf from hl to ig . Bummer eh.
Still waiting for a response from Willis Owen on this. I suspect that I can't trade US shares so in case it becomes an option I've filled one of these forms on my Hargreaves account.
I'm wondering what happens if I were to transfer the whole ISA now into my HL ISA, whether the share allocation would move with it. Anyone got any idea?
Email notification then checked corporate actions on my portfolio and it was there
That’s interesting as I have not received anything from ii. Did they send an email notification or just a message on the platform?
Just received corporate action from II saying investors should fill in a w8 form to trade us securities.
Stock
TIZIANA LIFE SCIEN ORD GBP0.03
Event Type
Confirmation
Description
Demerger - Update
Tiziana Life Sciences has announced that following the distribution of Accustem Sciences Limited to eligible shareholders, Accustem intends to file a listing application with the NASDAQ stock exchange.
The Company have not yet confirmed how or when the shares will be distributed to eligible shareholders. Once these details are confirmed, we will provide you with an updated notification.
In preparation for the potential NASDAQ listing, shareholders may wish to complete a W8-BEN form, which can be located by selecting United States Dealing on the Useful Forms section of the site, which can be found under the Account tab.
ISA Accounts:
Should the Accustem ordinary shares list on NASDAQ they will be eligible to be held within an ISA account.
This suggests AccuStem is definitely Nasdaq only and correct me if I’m wrong but does that not mean minimum share price of 3 or 4 dollars depending on requirements they meet?