Member Info for bigdouble

I have spoken to Hargreaves Lansdown about the fact they have not contacted shareholder who hold scirocco shares in their nominee account. They have assured me this will be done by the weekend.

Yes, that’s the plan. Contact me on soloegm123@gmail.com

Mrc - I think you will find that if say 100 million shares are used to vote. We would then need 50 million, 50%. Would you not agree with this

So say only 30% of shareholders vote and 60% of these vote no, 40% yes. What happens then.

So far, About 35 million for a no vote and a massive zero for a yes vote. Says it all really

Don’t forget to send an email confirming your voting preference to soloegm123@gmail.com

I am collating the numbers to ensure we do not get shafted in the vote on the 29th.

For shares held in nominee accounts you have to place vote through your broker. To date Hargreaves Lansdown have no information from Scirocco regarding the vote. What a surprise. Not

In order to vote you need to go onto Scirocco web site and print the proxy form. You then need to email this to Voting@shareregistrars.uk.com

In subject box put Scirocco Energy PLC GM 2022

This mail has been sent to around 150 previous Solo Oil holders. The group was set up a few years back, so anyone not on it, please feel free to reply to the following soloegm123@gmail.com

Dear Scirocco Shareholders

Re- The Sale of Ruvuma

I am contacting you as you may still hold shares in Scirocco, previously known as Solo Oil. On Monday, the Board announced that Ruvuma, our Tanzanian Asset, was to be sold to Wentworth for US$16 million. Over the last 10 plus years Solo, now Scirocco have invested approximately $25 million in Tanzania and the asset was due to produce its first revenue in approximately 2 years time, which would have been substantial. The sale to Wentworth is far less than the asset is worth and the monies also will be payable to Scirocco over many years, if at all. In essence, the deal is an awful one and the only beneficiaries are likely to be Wentworth and the Board, who will no doubt siphon the money off in salaries in the coming years.

The only way to stop this, is to vote against the deal and then we can work on removing this shocking Board of Directors and replacing them with a Board that has its shareholders interests at heart.

I would like to keep a record of votes cast and therefore would appreciate it if you could email me back with the amount of shares held and how you voted.

Any questions, please feel free to come back to me.

Regards

Simon ( BigDouble)
On behalf of Scirocco Shareholders

Anyone with Hargreaves received voting options??

I’m all for kicking the board out and looking at a new approach to Ruvuma. Just not sure if we have enough large shareholders to achieve this.

I am trying to contact some large shareholders to see what their take is on the deal. I will report back should I have any success. I agree about gathering support to attempt to block the deal.

I agree with you Sambo, the Board came to Solo with a fairly good reputation and this is the best deal they could put together over a 2 year period. I’d like to see the deal blocked by shareholders and the Board kicked out. Whether or not enough support could be gathered is another matter. Flipping disgrace

EV_Bull - could you let me know when a ship full of cash is heading my way. :)

Now heading away lol

Is the Pola Monaco any thing to do with us?? Looks like it’s docking

Yeah those two were mine Chris

Yes, the board are running out of chances

Q1 update will be released this Monday. Let’s hope for some good news.

Dan, why are you so unhappy with the RNS this morning. You have zero financial interest in Scirocco. Do you get worked up about everything you have no interest in. Your stress levels must be through the roof. Have a day off, let the blood pressure return to some normality.