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Yipppeee
Aberdeenman
Confirmation its relisting back on Monday under new ticker EISB.
10:1 consolidation confirmed via message from AJ Bell
Countingcards, as per the admission document, market cap after listing is 29.9m, so I was a teeny bit out, 10:1 consolidation.
33.33% premium to closing on suspension, but hopefully we see an immediate rise, as the company is producing, and by the looks of it going for rapid expansion.
I will hold onto my shares, could be a very smart move, and although I have a chunk of these 7 figures in shares currently, it is not enough to make a dent, but give it a few years and it could be a very tidy sum.
Aberdeenman
https://bermele.com/app/uploads/2021/06/Juniper-Prospectus-Locked.pdf
Aberdeenman
There are currently 222m shares, and suspension price was around 0.75p? Giving a current suspended market cap of £1.67m.
We don’t know what the placing price was although it has been oversubscribed, and it was to raise £3m by way of 30m new shares. The Times article 2nd June 2021 highlighted around 10p per share which equates correctly to the placing.
How are you then working out a consolidation of 10:1 (has this been indicated anywhere?) based on 222m old shares plus 30m new shares and coming to a price of 1p on relist?
thank you.
Looks like a 30m market cap, and a 10:1 consolidation, so effectively 1p a share on relist.
But with it being main market hopefully, we shall see some buy in, the placing was oversubscribed, so demand there.
Not long now ;-)
Aberdeenman
Any thoughts on mcap upon relist?
I believe it now!
RNS Number : 6470D
Bermele PLC
30 June 2021
For Immediate Release 30 June 2021
Bermele Plc
("Bermele" or "the Company")
Proposed Acquisition of East Imperial Pte. Ltd.
Proposed Re-Admission of the Enlarged Share Capital to the Official List (by way of Standard Listing under Chapter 14 of the Listing Rules) and to trading on the London Stock Exchange's main market for listed securities
Conditional fundraise of £3 million
Proposed Change of Name to East Imperial PLC
Notice of General Meeting
Bermele Plc is pleased to announce a number of proposals, including the acquisition of East Imperial Pte. Ltd. ("East Imperial") and the intention for the Company's shares to be Re-Admitted with Enlarged Share Capital to the Official List (by way of Standard Listing under Chapter 14 of the Listing Rules) and to trading on the London Stock Exchange's main market for listed securities, all of which are subject to shareholder approval at a General Meeting.
I'll believe it when I see it
...well that would be good. Been a long time, locked in.
I was thinking next week.
Aberdeenman
So, we think perhaps in July? August?
It is due any day, likely just the regulator holding it up.
Aberdeenman
IF and WHEN this happens
A New Zealand-based supplier of upmarket mixers that is aiming to establish itself as a global No 2 to Fever-Tree Drinks is set to list on Aim with a market value of £30 million.
East Imperial, founded in 2012 by Tony Burt, a former chief executive of M&C Saatchi New Zealand, is listing by means of a reverse takeover of Bermele, a cash shell, in which Burt, 50, will emerge with a 21.4 per cent stake.
Alongside the listing, East Imperial, which is being advised by Optiva Securities, a boutique broker, will raise £3 million of new funds through a placing of 30 million shares at 10p a share to finance its growth ambitions.
A New Zealand-based supplier of upmarket mixers that is aiming to establish itself as a global No 2 to Fever-Tree Drinks is set to list on Aim with a market value of £30 million.
East Imperial, founded in 2012 by Tony Burt, a former chief executive of M&C Saatchi New Zealand, is listing by means of a reverse takeover of Bermele, a cash shell, in which Burt, 50, will emerge with a 21.4 per cent stake.
Alongside the listing, East Imperial, which is being advised by Optiva Securities, a boutique broker, will raise £3 million of new funds through a placing of 30 million shares at 10p a share to finance its growth ambitions.
13/05/2021 7:00am
UK Regulatory (RNS & others)
Bermele (LSE:BERM)
Intraday Stock Chart
Thursday 13 May 2021
RNS Number : 4450Y
Bermele PLC
13 May 2021
So, who made this off-market purchase yesterday at 2pm? Interesting....
So who just spent that "off book" at 2pm for 1p yesterday 15th April? What's happening.....
Showing up 33%. How I do not know.
Would be nice.
Hoping this is the month we hear about listing.
Aberdeenman
Should not be too long now. Regulatory authorities can take forever....
The investor paying over 100k knows it is coming good, he/she will make their money from the difference from 0.6p to the listing price on admission, from my reading we are going for 2p upwards.
That means an easy bag just on the listing, and considering the potential size of the deal I would expect some decent buy in perhaps pushing that price up to 4p.
Aberdeenman