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Yes exactly email.
About the same as i got from my broker..... nothing about the company saying unanimously etc.
As i have said, i don't expect many, if any, shareholders to accept such a pathetic offer in view of our assets, and also the litigation cases we have pending that will hopefully make the company very cash rich.
Atb to all invested. Ktc
CONTINUED........
Please be aware that should you choose to accept the Offer, your entitlement will not be released until the Offer has been declared unconditional in all respects, as stipulated in the Takeover Code. Once the Offer has been declared unconditional in all respects, payment is expected to no sooner than 10 working days following the date of such announcement or our advice date, whichever is the later. You can monitor the progress of the Offer's acceptances through any regulatory news provider. However, we will notify you once your entitlement has been credited to your account.
Should you choose not to accept the Offer at this time, we will contact you again if the Offer is extended or the terms of the Offer change, or further announcements are made by the Company.
Before making any decision please take into consideration all relevant factors of the event including the current share price and any possible tax implications. If you require any further information in making your decision please contact an appropriate professional advisor.
Should you wish to find more information about the Offer, please visit the Polygon website, www.polygoninv.com/
What Happens If I Don't Elect ?
If you do not wish to accept the Offer at this stage then you should take no action.
END
Got the followING FROM iweb
===================================
WATCHSTONE GROUP PLC - Take-Over
Mandatory Cash Offer by Polygon Global Partners LLP (Polygon).
34 pence for each Watchstone Group PLC (Watchstone) share held.
You Have The Following Option:
1 Accept the Offer on your holding of 1057 WATCHSTONE GROUP ORD GBP0.1 shares.
We will process your instruction on or after 01 August 2021 23:59 and your election will be applied to your holding at this time. If you elect to accept the Offer, your shares will not be available for you to sell, or to accept any other Offer unless this Offer lapses. Please note that if you accept the Offer and proceed to sell your shares, you may be liable to buy back costs.
Important Information & Other Key Dates:
On 1st July 2021, Polygon announced it held 30 percent of the total Watchstone shares. Subsequently, under Rule 9 of the Takeover Code, Polygon is required to make a Mandatory Cash Offer (the Offer) for all of the Watchstone shares not already held by Polygon.
The Offer Price represents the highest price paid by Polygon and persons acting in concert with Polygon during the 12 months prior to the announcement of the Offer.
If you wish to accept the Offer, please do so as soon as possible as the Offer may not be extended.
Acceptance to this Offer will only be applied to the number of shares you hold at the time we process your instruction.
Please note that should you elect to accept the Offer, your shares will be removed from your account after our Advice Date.
To the extent that Polygon controls Watchstone shares carrying 75 percent or more of the voting rights attaching to the Watchstone shares by virtue of valid acceptances of the Offer or otherwise, Polygon intends that an application will be made to the AQSE Growth Market to cancel trading in Watchstone Shares on the AQSE Growth Market.
Please note, the listing and registration of Watchstone shares was cancelled from the Alternative Investment Market on 7th July 2021.
If Polygon receives acceptances under the Offer in respect of, and/or otherwise acquires 90 percent or more of the Watchstone shares and assuming that all of the other conditions of the Offer have been satisfied or waived, Polygon intends to exercise its rights pursuant to the provisions of Chapter 3 of Part 28 of the Companies Act to acquire compulsorily the remaining Watchstone shares on the same terms as the Offer.
CONTINUED
How about cutting and pasting the document then please so it can be verified ??
"link please ?"
Not possible, its in my HL messages, not a public document. It'll be the same document all HL investors will have who have WTG shares.
I'm way too far along this road to give in now, and I think we'll get more out of it if the offer is unsuccessful. I hope acceptance is low enough so we're not compelled to sell.
Perhaps you should read the rns and the company website re the announcement here - https://www.watchstonegroup.com
There has been nothing announced from the company regarding acceptance and they have said do nothing and wait for updates from watchstone ..... read the RNS etc ok !!!!
ATB to all invested here. Ktc
link please ?
"erm ??? where have the board unanimously recommended the offer ? where have you seen that ???"
The HL message I recieved today.
erm ??? where have the board unanimously recommended the offer ? where have you seen that ???
I definitely WONT be accepting the offer along with i suspect most share holders.
ATB . ktc
I'm guessing everybody is of the same opinion, to not accept the 34p/share?
I can't quite understand why "The Independent Directors of Watchstone Group Plc are unanimously recommending the Offer to Shareholders."
What's everyone thoughts on keeping or selling?
If Polygon Global Partners LLP get 90% of shares, they automatically get rights to buy the rest. Was hoping to keep hold of them longer to see if we can get more out of them!!! Thoughts?
''''' if i refuse to accept Polygon's offer?
''''' if i refuse to accept Polygon's offer?
Thank you Sir for these messages , I believe if we can get a £1 a share I will be making a small profit. You have cheered me up today, thank you very much.
Why are they making an offer?
Probably just because it's mandatory.... but then again, sometimes things aren't always what they seem!!
Anyway, anyone selling at these levels must be in dire need of cash... or be in possession of a surefire inside tip on another stock !!
I have seen several estimates of the value of WTG's 'litigations and claims' from other LTH's and I would be surprised we received less than £1 a share by the time the lights are switched off for the last time at Watchstone Towers!!
All you need is patience... as Mr.Buffet often says! ;-))
GLA
GB... hold tight, sit on your hands & do nothing....
.... vote NO if it comes to a vote....
... only an offer well over a pound is even worth contemplating !!!...
GLALTH
It's nice to hear other peoples views, thank you. There were a few sales on the 7th July over 40p would this be correct.
Hold hold hold….Polygon sense an opportunity. Let’s not give it to them. I’ve waited a long time, I can wait a bit longer. Even if nothing comes of the PWC case we’re guaranteed 35p. Why accept 34p? No point in selling now as sp can’t go any lower. It can only go up.
Thank you very much for this, most kind of you.
https://www.lse.co.uk/rns/WTG/offer-update-kjufgx7t1yzyyv6.html
rns above .
Atb to all invested. ktc
Would the Watchstone Board please give us an update as to what us shareholders should do.
Thank you for your message. I thought we would have received some advice from WTG Directors saying that they do not accept the offer or something similar. I still have 11000 shares.
Check out RNS announcements... Polygon are trying to steal your shares... so vote NO and hold strong .... !!!!! :-))
What happens to WTG claim against PWC. I am confused as to what is happening to the shares, money, settlement etc.
polygon offer