Member Info for Barry5

The Ordinary General meeting must have popped up yesterday. It is obvious that adequate notice has not been given. Somebody has screwed up big time and the BOD/advisers must be held accountable.

Sounds defeatist unvrkw but I don't disagree with the sentiment. I too have had enough of the elites and the Uniparty but no reason to throw in the towel.

That's good Nick but this is precisely the point that needs to be made to regulators and the company's NOMAD, advisers and everyone listed on the RNS as being responsible for the accuracy, transparency and fairness of the acquisition process.

I have just emailed Liberum, the company's NOMAD to make them aware of the considerable unease felt by the Retail Shareholder base as regards the confusion over voting and the lack of up to date financial information for y/e 31/12/23 and the forecast for 2024, the latter on the basis that BOD and other "insiders" have knowledge that we do not have so that we are not in a position to make an informed decision on the merits of the Scheme. Also the rushed nature of the calling of the next meeting.

I'll post my email and any reply that I get on here.

Many retail Investors will miss all this. There are many who don't read the forum chatter and may think that they have already voted and that the original (first) vote will still count. HL don't inform us. You have to go in and look for the Shareholder meetings.

How crazy is it, not just to vote again, because a meeting was aborted but to have to vote again for an Extraordinary meeting scheduled for the 29th March, 4 days after the Court Mandated meeting on the 25th.

IMO the advisers need to take a step back and tell BOD to pull back and start the whole process again as, not to do so, must leave them open to legal challenge. It may not stink (but i think it does) but it is one hell of a mess that gives AIM even more of a bad name.

The withholding of information is where the Nomad, brokers and advisers need to step in. Their reputations are on the line. A Regulatory reprimand wouldn't look good when they're out pitching for new work.

So it goes without saying that they have not "guaranteed a 15p" price, It is 14.85 plus a dividend of maybe 0.15p but very probably less than that.

GGG. it isn't a 0.15p Dividend. It is UP TO 0.15p so any payment above 0.00 would meet the requirements. Anybody relying on a dividend of 0.15p is, shall we say, being optimistic. Why couldn't they state the number precisely?

We must also bear in mind that the dividend offer is UP TO 0.15p. So it could be anything even 0.01p!!! I didn't expect a plc making an offer to buy out shareholders to be framed in the same way as a sale item in a shop window.

The words UP TO are a con, plain and simple and used on purpose to lull people in.

Keep on saying NO

Not enough for me. I'm NOT backing down over a mere 10% increase. If we fail, we fail with honour and after a good fight.

Great stuff Hounddog 10.

this is a veritable **** show. like others i have now seen that hl have the upcoming meeting on their list of shareholders' meetings and that "no instruction has been given". but what are we voting for? the same offer as before, which is crazy. bod are either useless, clueless idiots or exceeding clever and assuming that we're getting tired and can be tricked into not voting again. they may be right. but what is going on is not transparent and all hell will break loose if, by default, the resolution to sell for less than the current sp gets passed.

i have now voted again and just pray that everyone else does too.

This is getting seriously annoying now. Surely any sensible, competent BOD would have issued an RNS by now to tell all shareholders what is going on. As we don't have a sensible, competent BOD then the onus is on the Nomad and legal advisers to nudge them into action.

Amazed to hear that AJ Bell are asking us to vote again. How come? We don't know what we're voting for? May be that's the BOD's goal to divide and confuse. Nothing from HL yet and I don't expect to get anything until there is something to vote for.

Nice to know that we would have won if the Meeting had not been adjourned. Shame on the advisers and the so called "independent" directors who recommended what we thought, and has now been seen to be, a really crap deal. Perhaps they should now go back to their spreadsheets and re-do their numbers to come up with something more sensible for us to consider.

If the Placing gets away at 50p I can't see how or why the SP would then drop too far below that. In fact, I would hope that 50p would become the new floor.

If it doesn't get away at 50p then, obviously, we really are in trouble.

I'm staying the course too. Funny that, on here, a significant majority have reviewed the proposals and have rejected them while Institutions need "independent" proxy Firms to tell them what to do. Hopefully, they will be bigger and wiser than that and draw their own conclusions.

I think they must be worried about the results to have to post an RNS. Sounds like a attempt at coercion to me and a misuse of an RNS.

Let's hope this stunt fails.

Fat lot of use the tax losses that we acquired (paid for, in effect) from tailwind will be if we're loss making. It always was a bummer of a deal and Mitch should have paid the price a lot sooner as he's pretty much ruined us and the pile of cash that we had has now been dissipated.

Please keep up the good work kadavul. I'm sure everyone appreciates what you are doing in order to gauge how much support the NO voters have. Thanks. GLA

Sorry been away from here for a few days.

33,000 shares from me voting against to be added to the total

I'm also on HL and have just voted against.