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****ing nothing
Shareholders get sweet FA!
There are no crumbs for shareholders
They've screwed us.
This is the end, have no choice other then to write it off and move on.
Good bye and good luck elsewhere.
does anyone know what's the asset value of the company per share?
well, it was always on the cards. another one down the river
I'll add this to my list of other failed Companys.
Just emailed fin board to ask them why they did not complete paperwork and relist I do not expect an answer from them
This now sounds like the end lads ****ing bastards they are
Finablr PLC Administrators appointed over Finablr PLC
Source: UK Regulatory (RNS & others)
TIDMFIN
RNS Number : 7135E
Finablr PLC
14 March 2022
Finablr PLC ("Finablr" or the "Company")
Administrators appointed over Finablr PLC
Finablr Plc ("Finablr" or the "Company") was placed into administration on 11 March 2022, by a resolution of the directors of the Company.
Stephen Goderski and Peter Hart of PKF GM have been appointed as Joint Administrators of Finablr, with immediate effect.
The trading in the shares of the Company will continue to be suspended until further notice.
Please note that with the Company in administration the directors and officers of the Company are unable to answer questions concerning the position of any holders of securities of any form in the Company or regarding the position of any creditors.
All shareholder, debtholder (those directly of the Company) and creditor enquiries relating to Finablr PLC should now be made directly to PKF GM via email to: info@pkfgm.co.uk
END
Well, now we know.
Denny: I don’t think Prism is interested in the listed plc. They’ve bought all the operating entities, as I understand it and renamed them Wizz. I doubt there’s anything left in the old plc. I’ve no idea how the present impasse with the FCA/LSE will be resolved.
I’m thinking that in simple terms, Finablr was sold to Wizz for $1 then rebranded. So Finablr are now Wizz Financial.
Meaning they should rename Fin to WFS and unsuspend them, they could do a capital raise on reopen and get it back to where it is.
But then I am a little bit of a dreamer
Hear hear
Bowlers12: well, you never know. I don’t want this to be the case but I believe it is. I hope I’m wrong and that shareholders of this will rescue something from the looted wreckage. Words can’t express the contempt I feel for the people responsible for this outcome .
Don't spoil our dreams prosser in getting some money
Similar positio with my canadian Encante Potash shares suspended for 8 moths until they suddenly reappeared on Toronto Stock Exchange 31% up when I sold them
Miracles do happen
Finablr’s operating businesses have been sold. Gone. Finablr was bust. Whatever is left in the plc, it isn’t any of these Wizz businesses. Finablr has never produced any accounts. The FCA and Companies House issues appear to be mere housekeeping - insisting on the correct procedures.
£1 per share? or i missed something?
I think all eyes on royal partners and prism what they are doing. Royal partners deals in china can deliver to wizz more opportunities. Fin had a ground but now it looks rebranded in wizz they will take uae Africa india(I think later China as well) like a storm while staying suspended under fin name. I am still in hopes. Fingers crossed 1£ on relist.
Press release today , for example - Wizz Financial, a global FinTech company specialising in cross-border payments, will be collaborating with the NPCI International Payments Ltd. (NIPL), the international arm of National Payments Corporation of India (NPCI), to create the first live digital payment platform, leveraging various platforms developed by NPCI, using open-source technologies. This is subject to regulatory approval.
Beyond speed and efficiency, Wizz Financial said the platform will be a very important tool for those who are unbanked as it helps them to create a digital footprint for users which enables access to credit and other financial services. The payment platform in the UAE is part of the company’s vision to create a government-to-consumer platform, whereby governments will be able to securely transfer money to citizens directly
Soooo. Here we go. It's an active company making deals. Making money , so where do we shareholders stand ???
I think Denny is correct about the striking-off action. It’s suspended for now. But the accounts are 17 months overdue, there’s no company Secretary and the operating assets have been sold to Prism.
still nothing? maybe end of the day?
I doubt it Denny
This comes back yo life it will be the beat share you have ever brought
The whole thing stinks of fraud I also want them to relist and sell my shares and leave this ****ing company
As I understand it the strike off notice was cancelled after the board contacted Companies house, further docs to be shared.
In addition the FCA has rejected a request to delist the stock because it requires a shareholder vote to do so. Probably with that is Shetty the ****ty owns 65% of the company; so pay him off and they get the vote through.
Mega bags of corruption and I really dont know whats taking the FCA so long; probably to busy stitching Amigo loans up tbh.
One thing I want to know is why EY haven't been brought to account, they did clear/cook Finablr’s books for 3 years!
Come on you effing b a s t a r d s (BOD) relist so we can F off from this s h i t e share!!!
FFS 2 years
BOD are just like Shetty and embezzling our money