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ATC should go for a direct listing although there are other shells around.
I suspect the shell DS securities got greedy or our board may have tried to negotiate their percentage down so we are back in arbitration but our board fires the “seeking other options” over their head.....let’s see what unwinds,negotiations probably gone on right up to the line US time.
It was the reverse takeover from DSS so how this got turned down the mind boggles. Very strange and disappointed that we aren’t going to see any value soon
Knew it was too good to be true.. really thought I’d be getting my money back after all these years
Don't worry it's only money,your health is your wealth with out it you have nothing.
Not sure what stopped a good vote? Obviously they didn’t think the share % was high enough?
Be interesting if we get results soon, any more updates or everything just keeps rolling on. So much for a fortune for all at this point
Email sent
I think mr Wilson need to give more information I will be emailing him tomorrow and I suggest more shareholders do the Same
To be honest I was expecting a twist
Mmm the plot thickens......my niggle was the DS directors may have got greedy as the deadline approached and maybe tried to negotiate their position up.......this is not over yet imho.....every pound they try to pinch out of AW,s pocket reverberated down the cash vine to us......
Keep cool imho
**** up in a brewery comes to mind!
Announcement regarding Daniel Stewart
Securities PLC (“DSS”) offer to acquire the
entire issued share capital of Atlantic Carbon
Group PLC (“ACG”)
ACG regrets to inform its shareholders that DSS was unable to
approve the offer by 31st March 2019 and, under the terms of the
offer document, the offer has now lapsed.
Consequently ACG is unable to proceed further with the application
to the UK Listing Authority to have the enlarged group’s share
capital admitted to trading on the standard segment of the main
market of the London Stock Exchange PLC.
ACG is disappointed with this outcome but continues to examine
various options for a liquidity event with a view, among other
things, to benefit ACG shareholders.
Adam Wilson
Chairman and CEO
Atlantic Carbon Group PLC
1st April 2019
News release on Atlantic Carbon. Listing off as DSS ‘unable to approve the offer’. Frustrating
Couldn’t agree with you more. Get on with your day jobs and chill!
I probably see a bigger picture than most.......ACG are under no obligation to report anything until they are ready.....tomorrow wed,fri,I don’t care......the people running the company have done all the hard work....we are just small time chaff in the scheme of things.....lucky?......I don’t think so,it’s about trust,if you had trusted the ACG activism at de listing we would have all burnt our certificates.....and I’m sure some did.....led to believe that was the end.......wtf are you guys gonna do if they announce Friday they are negotiating a £100mil+ all cash deal?.....God’s strewth let them get on with running the business/listing etc.......
Unfortunately they have no idea how to communicate and manage.
I can see this ending in tears tomorrow. If there has been an unexpected hitch, at least put something on their twitter page to say as much. Been checking this and their website all day for any snippet of information. Nowt!!!!
Yes, the only thing we know to expect is delays and empty promises. Seems to be the story of this company. Most other de seniors in most organisations would be looking for a new assignment with such a terrible track record. Sorry for seeming dispondent but not a way to communicate really!
Please, please don't let us down ATC. Lots of faith in you guys. Deliver what has been promised.
Yes doesn’t seem like much coming today at the moment
Tick tock tick tock.........................................................
unvrkw - do not be discouraged; this was just AIM. Thus better to avoid AIM, and our BOD aims to be at a higher level.
I have been to many other shows which ended up with champaign receptions in great places one may have never been.
I hope so unvrkw. I'm sure a few more hours won't hurt. Been waiting three years after all. Just hope the long wait will bear us all fruits. I'm still a half empty kind of guy though!!!!
So around 1 or 2 o’clock today
Never been and now looks as though I never will, thanks for the feedback