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PCG Entertainment has announced a 1-for-100 Consolidation, whereby holders will be issued with 1 new share in exchange for every 100 shares held. The company has also changed its name to Upper Thames Holdings.
New shares will be issued to entitled shareholders upon receipt of the stock from our custodian. This may take up to 10 working days from the official pay date of 17th July 2020.
Upper Thames website has had another update.
Typo, should have said 10 weeks not 10 days.
I believe so, evidence that he is according to his activities over at Wishbone gold, following a similar path to PCGE .
Anyone heard if RP is even alive ?
Is what he said, since then nothing on the share consolidation or advisor. Zzz zzz
My share holding is now Upper Thames holdings....worth 2.8% of what I invested...….
https://www.datocapital.com.gi/companies/Upper-Thames-Holdings-Plc.html#filings
Gibraltar
The Company is pleased to confirm that all resolutions were passed at the AGM and EGM held on 2nd April.
Capital Reorganisation
Accordingly, further to its circular on 12 March 2020, the Company can now move forward with the Capital
Reorganisation. The Company’s existing issued share capital of 1,244,488,200 (“Existing Ordinary Shares”) has
been consolidated on the basis of 100 Existing Ordinary Shares into one Consolidated Share, and in turn, each
Consolidated Share has been sub-divided into one New Ordinary Share of 0.1 pence and one Deferred Share of 9.9
pence. The Capital Reorganisation will be undertaken forthwith and the New Ordinary Shares will be admitted to
trading on AQSE as soon as a Corporate Adviser is appointed.
Change of Name
Following the vote to change the company name to Upper Thames Holdings Plc this will be implemented as soon
as possible. It is likely to take around ten days for the filings to be completed.
Total Voting Rights
Following reorganisation, the Company’s issued voting share capital will comprise 12,444,882 New Ordinary
Shares. The Company does not hold any shares in treasury. Shareholders should note that the percentage of shares
which they hold has not changed. This figure of 12,444,882 New Ordinary Shares may be used by the Company's
shareholders as the denominator for the calculations by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and
Transparency Rules.
Richard Poulden Alan Gravett
Chairman Director
For further info
I wasn't expecting to ever hear from PCGE again....had written off my substantial share holding....so any news is good news....lets wait and see.
What’s happening here guys - lights off for good ? Invested here a long time back - like many others well and truly conned hook line and sinker by mr SXX Poulen
Anyone taking part the ipo?
It's nice they paid £1 so that shareholders can participate on preferential terms in an IPO for a technically insolvent company. Mr Luke of Vox seems such a nice guy too.
That's all clear. Company is heading for the lavatory and it is abandon ship time. Obviously the BoD have all had new substantial commitments evidenced by the exciting prospects they generated for PCGE. Hmmm
Following the cessation of discussions with VOX Markets Limited ("VOX") and Align Research Limited ("Align"), the
Directors are considering the future of PCGE and the options available to it.
After carefully considering how to maximize benefit to shareholders PCGE has agreed with VOX preferential rights for
PCGE Shareholders to participate in the VOX IPO. These rights will be available to shareholders on the register at the
close of business on 11th October 2019. As consideration for these rights and the payment of £1 PCGE has released any
and all claims that it may have against VOX for withdrawing from the transaction. PCGE has also assigned to VOX all rights
to sue Align Research Limited for withdrawing from the transaction with PCGE.
PCGE shareholders on the register as at close of business on Friday 11 October will receive correspondence from VOX in
due course.
Professor Michael Mainelli has resigned from the board of PCGE due to a substantial increase in his commitments
elsewhere. The board are grateful for his service and contribution to the Company.
Additionally, First Sentinel Corporate Finance has resigned as Corporate Adviser to the Company. Accordingly, the
Directors have requested that the shares in PCGE be suspended from trading on NEX Exchange immediately. Further
announcements will be made by the Company in due course.
https://www.pcge.com/10-news/157-update-to-the-market-14-october-2019.html
It is really generous of Mr "the Chinese always have a plan" Poulden to let us know that his lifestyle play is now well and truly fcuked. Not much longer left before he reveals that the administrators are involved, perhaps they already given that this is AIM.
He just needs to unveil the same over at WSBN to confirm his credentials as a true aficionado of how to play AIM at the expense of shareholders.
What up here, see share is moving slowly up. What’s up? Still very very long way to go , to be anywhere near the investment I made
Guys try crypto, there are lots of crypto assets doing superb eg Wink.org just buy win token, freeze them and enjoy the dividends daily. As simple as that. There are lots of good rewarding projects out there in the crypto sphere, not these fraudsters like RP. They deserve to rot in the prison.
i am using barclays smar investor, can only place order at choose of at best , whoch mean barclay will find best price available, selling price very very low, end of loss 90%, i invested 3k, only get £278back, but better than nothing