Member Info for apunter2

Sharebel, agreed hence the

“SYME is also in discussions with new investors/ lenders for the provision of amortised loan facilities, taking into account its business plan goals and related projected Group cash flow.”

Amortised loan…

Happy to wait

Really good bye ??

Happy to wait… and wait and wait .. for however long it takes for this

As stated recently by the Company, the additional time invested in addressing the request of the single Inventory Funder to invest in a more diversified portfolio (by country) of inventory assets and the subsequent refocus of the Captive-funding route on wholly Italian portfolios, inspired SYME to study a more efficient funding structure, also leveraging TradeFlow's experience in structuring and advising hedge funds. The objective is to use the new funding structure for the first monetisation transactions.

The new funding structure will envisage a global umbrella fund which establishes special purpose vehicles ("stock companies") in each operating geography. This investment structure:

· may integrate also the existing TradeFlow Funds;

· allows SYME to promote two investment opportunities to the market (an equity stake at the level of the umbrella fund and debt notes at the level of each stock company), expecting an increase of the funding capacity of the Platform.

The completed new asset class structure, with a major Italian banking group fintech bank

Keep on it though derampers … you’re doing brilliantly for my next buy

Good bye

Ohh ex … your are so 2020

Extrader, I will tell you now, TJ will be dancing up and down with delight and jumped in without hesitation,

Read proactive report, read the accounts, read the fintech bank RNS

And you will see why AZ says pi missed it ….

umbrella FUND …

All I hoped for. AZ reply to my question “you got the point”

later Extrader, I will really look forward to our time .. you won’t ..

Dear me indeed.. a RTO does not make an IPO …

Gone,,

There is no denying the sp is a nightmare today, it’s been some hold this one, AZ hasn’t helped IMHO..

But we have 2 banks
Tradeflow in with TJ and JC both committed
Global fund which tradeflows fund will be apart of, giving us a higher return as we take part in IM
A secondary market.

That’s all in RNS’s no speculation here….

I am not in to sell this month, this year or the next

So **** the traders and today’s sp

Castle

Fact syme released £5mill in equity to buy TF ..
fact an untouched facility is still open to SYME so not £90 million being somehow syphoned off as you claim
Fact your £10 million valuation is a complete fabrication based on nothing but a figure to fir your agenda
Fact read the AGM resolution and previous RNS statements re Board make up

Fact ..you present no facts.. not one …

Over and out ..

On you go lad..

Castle your putting in a shift right enough. Fair play..
your not making one bit of difference to the researched….

On you go my lad, knock yourself out..

Agreed Parm, have you checked the new guy yet. Who is he there to represent, vive bank, Eight Capital, or Vive backers..

Time will tell, but please, remember old comments in RNS about possible new board members

Morning, guessing DW didn’t like the outcome of the review into the board make up, especially when it was his position and NED’s being reviewed.

“ The new Directors will be officially appointed following the 2020 AGM, scheduled for 30 July 2021 at which time, SYME will make a dedicated announcement. In this regard, and pursuant to corporate governance best practices, the Company is conducting an internal assessment regarding the board's composition, including the number of its independent and non-executive directors.”

I still think SC will go after AGM, there are two NEDS, with EC up for re-election, only leaves SC

DW was Independent Chairman, so he jumped before he was pushed… IMHO..

If you have any doubt look at the resolutions for the next AGM..

Great day today,

Enjoy all

Mike, absolutely, Centotrenta too gives it credence too IMHO..

4 via san prospero Milan is where it’s at…

Another point

What is AZ up to with 1AF2 ltd (uk).. newly registered

1000- comes from gomedici, but last updated last September.

As you maybe aware UBI merged with Intesa

A couple of links from Intesa website

https://group.intesasanpaolo.com/en/newsroom/press-releases/2021/06/post-covid-recovery--eib-and-intesa-sanpaolo-join-forces-to-unlo

https://group.intesasanpaolo.com/en/newsroom/press-releases/2021/07/gucci-and-intesa-sanpaolo--first-agreement-for-the-sustainable-t

Cheers for that link. Certainly beats the rest of the accounts crap.

Centotrenta has been a focus of research recently. They have certainly been registering a number Spv srl companies recently, via 130 company.

Names such as supply@me inventory spv and CVC 130 company spv.

Connection with 130 company and Azimut fund too

Depobank recent acquisition of BFF also in focus….

Cheers Gotham for posting…

Just to change topic, anyone doing research in here … Amundi (share register). Azimut direct.. Azimut digital,

The funds and sub funds, which states

“The Portfolio of securities in which the Sub-funds will invest includes, but not limited to”

Item 2 - Securitisations of Trade receivables
Item 3 - Securitisations of inventory Finance

Good luck,

Catch up later

This was put to bed last August and September, it wasn’t a problem then and it still isn’t an issue now

These boys will tell you there is a problem, but never show you the problem.

No cut and pastes to relevant sections of IFRS 15, just blah blah blah…

For those who remember, I did my time on this subject lol, paid my dues and it’s about time AZ repaid me..

“ Convertible Loan Notes issued in any subsequent tranche can be redeemed at 100% of par value prior to the date falling 12 months after the relevant date of issue (the "Maturity Date");”

“ The Convertible Loan Notes are convertible into the Company's ordinary shares ("Ordinary Shares") at any time during the period commencing on the fifth business day following the relevant Issue Date and ending at 5.00 p.m. London time on the business day immediately prior to the relevant Maturity Date”

“ On a Maturity Date, to the extent any Convertible Loan Notes have not been converted into Ordinary Shares they must be repaid by the Company at par

· Prior to conversion, the Convertible Loan Notes do not entitle the holder to any voting rights in the Company;”

· The Convertible Loan Notes will not be listed on any market or stock exchange but can be transferred by a holder.”

Parm, “to much equity” to right at this sp,

It should also be noted that on maturity date there are options to pay cash not just dilute.
Also look at the clause where the lender can sell on the notes to a third party.

Parm, you need a medal for posting in here, hope you and the family are well.

Not one comment on “Maturity date”

What will **** me off is if they draw down a second tranche to keep the lights on..

As ever time will tell

Accounts next, will there be notes on TAG take over and the loan shares, will there be DD fees.
As ever time will tell

Oh, I do like that, thank you so much, appreciated.

Given Aim rule 15 the larger the directors holding the better..

Cheers all and good luck

Could someone please indulge me by answering a quick question.
What is the percentage held by the BOD here..

Thank you,