Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
within a 72hr period, travellers intending to travel to Barbados must take a PCR based antigen test which must be certified by an accredited lab - I believe this is effective from 1st July
Virgin flying from Heathrow from 1st August and BA from Gatwick 18th July
Subject to change I’m sure
Labs would need to do quick turnarounds
From a friend in Barbados today - within a 72hr period travellers intending to travel to Barbados must take a PCR based antigen test which must be certified by an accredited lab - I believe this is effective from 1st July
Virgin flying from Heathrow from 1st August and BA from Gatwick 18th July
Subject to change I’m sure
TKevin - I’ve been trading successfully for years, seen all sorts of shenanigans. Believe what you like as you must always DYOR but I’m not saying the shares have been forward sold however recent activity indicates that it’s quite likely
As I said a TR1 will be required soon that will settle any conjecture
TKevin - forward selling is not uncommon and in the case of GDR if you look at trade volume and the effect on the share price I think it is quite likely that the initial tranche has been forward sold
Let’s see if a TR1 is issued shortly - if one isn’t for the full amount of shares issued we’ll know what’s happened for sure
FinnCap appears to be accumulating for someone and haven’t dropped the bid so far and have absorbed some monster trades - spread is tight
GHIF Convertible Bond
The Company has, in issue, a five year US$8.0 million convertible bond with GHIF. Following the Company and GHIF entering into a Deed of Amendment and Restatement in June 2016, the principal terms of the Bond were amended and the full details are set out in Note 18 to the Company’s 2017 Report and Accounts. The Company has entered into the Second Deed of Amendment and Restatement. Subject to completion of the Placing and issue of the Loan Notes, GHIF and the Company have agreed to further amend the terms of the GHIF Bond, by way of the Second Deed of Amendment and Restatement, as follows:
(i) Maturity date to be extended from July 2021 to December 2023;
(ii) The roll up of interest payments will be extended from January 2019 to January 2022;
(iii) The strike price of the first $2.0 million of the GHIF Bond will be reduced from 150p to 28.75p, being a 25 per cent. premium to the Placing Price and the same conversion price as the Loan Notes;
(iv) The strike price of the remaining $6.0 million of the GHIF Bond will be reduced from 489p to 150p; and
(v) The rolled up interest on the first tranche of $2.0 million of the GHIF Bond would be converted at 28.75p per share and on the remaining tranche of $6.0 million of the GHIF Bond would be converted at 150p per Ordinary Share.
The Directors believe that the terms of the Second Deed of Amendment and Restatement provide the Company with additional financial flexibility to execute the business plan and ultimately evidence the strategic value of the Company’s diagnostic technologies more broadly.
The maximum number of Ordinary Shares to be issued to GHIF on conversion of the GHIF Bond is 7,100,000. Additional changes have also been made to reflect the Company entering into the Loan Note Instrument and issuing the Loan Notes to BGF and to regulate the ranking of payments under the GHIF Bond and Loan Note Instrument. Following the completion of the Placing and anticipated admission of the Placing Shares, and such number of Broker Option Shares as may be subscribed for, on 10 December 2018, the Company expects the Second Deed of Amendment and Restatement to become unconditional on 10 December 2018.
· Unites States: July 10th
· United Kingdom: July 10th
· Poland: July 3rd
· Czech Republic: June 26th
· Slovakia: June 26th
· Israel: July 9th
· Bulgaria: July 3rd
· Hungary and Romania: to be confirmed (anticipated for week of July 3rd)
Speaking ahead of the planned reopenings, Cineworld CEO Mooky Greidinger said: "we are thrilled to be back and encouraged by recent surveys that show that many people have missed going to the movie theatre. With a strong slate confirmed for the coming weeks, including among others Tenet, Mulan, A Quiet Place Part II, Wonder Women 1984, Black Widow, Bond, Soul, Top Gun Maverick and many more, the entire Cineworld team remains committed to being 'the best place to watch a movie' ".
Cineworld Group plc ("Cineworld" or the "Group")
Cineworld Group cinemas to reopen in July
With several blockbuster movies including Tenet and Mulan now confirmed for release in the coming weeks, Cineworld is pleased to announce plans that will see it reopen cinemas across some territories during the last week of June, with all theatres expected to be open over the course of July.
Amidst the ongoing COVID-19 crisis, Cineworld's main priority remains the health and well-being of both our customers and colleagues. As a result, it has made several operational changes and invested in new technology to ensure a safe but enjoyable cinematic experience for all our visitors.
Among the new measures introduced, we have updated our booking system to ensure social distancing within and throughout our auditoriums; adapted our daily movie schedules to manage queues and avoid the build-up of crowds in our lobbies; and enhanced our cleanliness and sanitation procedures across all of our sites.
We have outlined below the scheduled opening dates, however these are subject to final clarifications and confirmation in relation to various government COVID-19 restrictions in certain territories:
Older article highlighting the opportunities in Saudi Arabia for cinema providers
Interesting.....
https://www.pwc.com/m1/en/publications/cinemas-in-saudi-arabia-opportunity.html
Further potential offers inbound it seems
Current TNAV 83.9p
Wellesley Group (current shareholder 10%) tabled a loan book AND asset management business offer of 76.9p at the end of April - still under review
Honeycomb holdings (Pollen Street Capital) deal for the loan book was for £113.8m 72p and the asset management business purchase by the current management team was for £1.6m 1p
Honeycomb deal fell through at end of March due to COVID19 and Pollen Streets decision to cease lending for the current time