Whas going on?20 Oct 2009 18:40
Upon completion of the sale, the UK banking syndicate (comprising Lloyds TSB Bank plc, Bank of Scotland plc and National Australia Bank Limited) and Mike McTighe will be interested in 80 per cent. of Arran Isle Limited, an employee benefit trust will be interested in 10 per cent. and the executive members of the Board and certain other members of the senior management team will also be interested in 10 per cent. Completion is expected to be effected within 28 days.
It's the same proposal but without the 10% stake of us shareholders. Are they allowed to do this what can we do about this i want to sue them i sure hope Paul Bell takes this to court.