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Apparently they have 14 days in which to payout via holding accounts or cheques, so should get funds no later than the 4th of November!
Thanks. But oh dear
You get 110 per share at some point in the future
I can see they’ve been delisted. What does this mean for us?
It's my understanding that Ted Baker shares will be suspended from tomorrow. So accepting the bid appears to be the only option after that suspension.
Why has Tosca agreed to this sale price when earlier the price that was rejected was higher?
Still average @ 72.1p so will wait.
very remanicent of McColls for me who raise cash from a rights issue & then went into admin around 6 months later.
Who would have put their money in at all if they thought the company was about to go bust?
What I will say to this end is that the Board were widely reported to have rejected the Sycamore big becuase it significantly undervalued the company.
A lesser bid was then successful 4 months later.
No dealing charges if you wait and don't sell so I was informed by Hargreaves
Now that the takeover is approved, is there any point holding these shares or best to sell and take your money?
I maintain my inference is obvious
If you wish to discuss your trading strategies that's fine, however if the rest of us wish to question your motives we should be free to do so.
If you can't figure out what you mean in my post then I'm surprised you even have the ability to type as the inference is so obvious
If that's such a great idea why sell only half.
Highly like will go through- but you are correct- what does that mean for the timing to get ur cash for shares? Other buy outs like this have taken 6months- so I may sell half now as don't want my cash doing nothing for potentially months
No sign of any other offers I think this will be gone the way of so many brand names
I'm a bit of a rookie here, so forgive me if this is a bit base! But when is this sorry saga likely to be concluded.. ie - when can i give up totally on a better bid and just get what cash ive got left out?
She was at Debenhams let's not forget. What a great time that was to be a shareholder, in that shambles.
Osborne deserves more than half a million pounds. I'm sure you find your solace around here.
I've decided to wait aswell. I needed 112p to break even so not a huge loss.
No point in voting against it as there is already a majority of share voting rights for the sale unless, of course, it will make you feel better as a protest vote. The only way this sale will not go through is if a better offer is made.
Do you reckon there is any point in voting against?
They much have given the executive team a cushy package, bonuses share options etc
I Have AVE @ P72 and have decided to wait for another offer although I am not a believer that there will be a better offer but it must be worth the wait to see.
Can't believe how a brand such as this has managed to sell for peanuts so soon after a far better offer.
Sept 29th