Member Info for Casa67

Tried many times to buy this afternoon could only get £800.00’s worth. Looks like this is moving now…
Casa

Hotel Chocolat Group plc, a premium British chocolatier and multi-channel retailer, is pleased to announce, following the announcement yesterday (the "Launch Announcement"), the successful completion of the placing of ordinary shares of 0.1 pence each ("Ordinary Shares") (the "Placing"), having received strong demand from existing Shareholders and other high-quality institutional investors. The Company is also pleased to announce the successful completion of an offer made by the Company for retail investors in the UK to subscribe for Ordinary Shares via the PrimaryBid platform (the "PrimaryBid Offer").

A total of 11,112,913 new Ordinary Shares ("Placing Shares") were placed at a price of 355 pence per share (the "Placing Price"). The Placing was conducted by way of an Accelerated Bookbuild process. Liberum Capital Limited ("Liberum") and Peel Hunt LLP ("Peel Hunt") acted as joint bookrunners in relation to the Placing. The Placing was oversubscribed.

In addition, retail investors in the UK have subscribed via the PrimaryBid Offer for a total of 154,692 new Ordinary Shares (the "PrimaryBid Shares") at the Placing Price.

Together, the Placing and the PrimaryBid Offer comprise 11,267,605 new Ordinary Shares raising gross proceeds of c.£40 million. The Placing Shares and PrimaryBid Shares (the "New Ordinary Shares") being issued represent approximately 9.0 per cent. of the existing issued ordinary share capital of the Company. As outlined in the Launch Announcement, the net proceeds of the Placing and the PrimaryBid Offer will be utilised to fund capital investment to increase long-term sales capacity and capitalise on anticipated future growth.

Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM and it is anticipated that trading in the New Ordinary Shares will commence on AIM at 8.00 a.m. on 27 July 2021. The New Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue. The New Ordinary Shares will represent approximately 8.2 per cent. of the Company's enlarged issued share capital on Admission (assuming no other issuance of ordinary shares prior to Admission).



Following Admission of the New Ordinary Shares, the Company's issued and fully paid share capital will consist of 137,152,447 Ordinary Shares, all of which carry one voting right per share. The Company does not hold any Ordinary Shares in Treasury. The figure of 137,152,447 Ordinary Shares may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the DTRs.

Angus Thirlwell, Co-Founder and Chief Executive Officer, said: "The £40m growth capital raised today will be invested in our fast-growing business, furthering our aim of becoming a global digital-led chocolate brand. I'm delighted that our issue was oversubscribed, demonstrating the suppo

Two days left to go to meet this target deadline....

Taken from the last RNS (May 21) - "The parties remain committed to finalising the transaction as soon as possible and are targeting completion and admittance to trading on the Main Market towards the end of this quarter".

Casa67

L2 anyone?

Thanks
Casa

3.7211 895,975 Buy* 33.34k
3.7211 1,000,000 Buy* 37.21k
3.7355 842,450 Buy* 31.47k
3.70 500,000 Buy* 18.50k
3.75 500,000 Buy* 18.75k
3.725 1,000,000 Buy* 37.25k
3.70 500,000 Buy* 18.50k
3.70 2,500,000 Buy* 92.50k
3.73 1,000,000 Buy* 37.30k
3.71 898,921 Buy* 33.35k

Some nice big trades going through...

Sad to see you go.... I've read your many posts over the years...
Casa

What's your thoughts on the top SP tomorrow?
I'll kick this off.... I think .034

Holding on to these golden shares.....

Casa

Psychologically, the urge is strong to get out and run for the hills, having ended up with zillions of shares. But now's not the time to jump ship when the prize is potentially within reach.

"Often the goal is nearer than, It seems to a faint and faltering man,
Often the struggler has given up, When he might have captured the victor’s cup,
And he learned too late when the night slipped down, How close he was to the golden crown.
(by Edgar Albert Guest)

At last - I've finally reached breakeven - having spent five years getting my average down from an SP of .037 - back in March 2016.
Be nice to see some profits showing (having spent so long on the naughty step!).
Casa

Opening prices - Gap up/down explanation
https://www.investopedia.com/articles/trading/05/playinggaps.asp

That’s my thoughts too - timing would be spot on.

Casa

Financial Highlights

Revenue increased to £25.2m, with year-on-year growth in the second half of 19% Gross margin improvement of 418 bps enabled by focus on profitable sales Group marketing efficiency4 improved by 2634 bps to 24.2% (2019: 50.5%) The UK&I and France generated a positive marketing contribution Cash flow neutral for the first time, after adjusting for £0.3m of tax payments deferred until after the year end

By @ZaksTradersCafe

Although 88 Energy’s (88E) massive 64% share price rise was something of a conundrum to some traders, given that the company had updated the market as recently as the previous session, it perhaps should not have been a total surprise. The RNS said that Rig 111 had commenced drilling the Merlin-1 well at 0338 on 10th March 2021 (AK time). It added that the Merlin-1 well will initially be drilled to 1,500', then surface casing will be installed and the Blow Out Preventer system tested.

This was expected to take approximately one week to execute. That said, judging by the spike in the stock price, it would appear that an accelerated timeline may be on the cards, and presumably a rather favourable result. The fact that there was no “speeding ticket” RNS either means that the market has got ahead of itself, or that on a Friday perhaps City types feel that the explanation of the signficant share price movement can wait until Monday.

Here's a couple of links for Guardian Maritime:
https://guardian-maritime.co.uk/history
https://www.offshore-technology.com/contractors/safety/guardian-maritime-ot/

Proactive - news
www.proactiveinvestors.co.uk/companies/news/941532/eve-sleep-soars-after-plan-to-launch-cannabis-based-oils-941532.html

Potential reverse takeover and suspension of listingChallenger Acquisitions Limited (LSE: CHAL) is pleased to announce that it has entered into a Letter of Intent ("LOI") with Cindrigo Limited ("Cindrigo") and Cindrigo Energy Limited, which are part of a group of companies pursuing renewable energy projects built on broad Swedish expertise and experience in the waste to energy and biomass energy sector (see www.cindrigo.com).

The LOI contemplates Challenger making an offer ("Offer") to acquire all of the shares of Cindrigo, subject to completion of a reorganization between Cindrigo and its holding company, Cindrigo Energy Limited, which requires court approval in Canada. The making of the Offer would trigger the assumption by Cindrigo of the costs of implementing the transaction and obtaining readmission of the Company's shares to the Official List and the Main Market of the LSE along with certain of the overheads and creditors of Challenger, subject to a cap of £560,000. To support this obligation, Cindrigo is obliged to make an initial payment of £450,000 into the client account of the lawyers for Challenger.

On the making of the Offer, Cindrigo will be entitled to appoint two directors to the board of Challenger at which point two of the existing directors will step down. It has been agreed that the two remaining directors of Challenger will step down if requested at any time to do so by Cindrigo.

The consideration payable under the Offer will be the issue to Cindrigo shareholders of shares and/or convertible loan notes of Challenger such that, following completion, and conversion of the convertible notes issued as part of the consideration, the existing shareholders of Challenger together with the Company's existing holders of convertible notes will between them hold 3% of the share capital.

The current board of Challenger has unanimously approved the LOI and there is, subject-to-contract, agreement between the Company and all the convertible noteholders to facilitate this transaction.

Should the Offer complete, it would constitute a Reverse Take Over ("RTO") under the Listing Rules. Therefore, at the request of the Company the FCA suspended the Company's listing on the standard segment of the Official List and trading on the Main Market of the London Stock Exchange has also been suspended pending either a further announcement on specific details of the RTO, the publication of a prospectus, or an announcement that the RTO is not proceeding.

Challenger Acquisitions Limited (LSE: CHAL) is pleased to announce that it has entered into a Letter of Intent ("LOI") with Cindrigo Limited ("Cindrigo") and Cindrigo Energy Limited, which are part of a group of companies pursuing renewable energy projects built on broad Swedish expertise and experience in the waste to energy and biomass energy sector (see www.cindrigo.com).

The LOI contemplates Challenger making an offer ("Offer") to acquire all of the shares of Cindr

Loads of small trades going through - are these shorts closing?

OPPS! That's speed reading at it's worst! I'll get it removed, thanks

Today's RNS
Proposed term loan refinancing
Micro Focus International plc ("Micro Focus") today announces the launch of a Euro 400m and a USD 400m Senior Secured Term Loan B (together, the "Facilities") to partly refinance its existing Senior Secured Term Loan B due November 2021 and pay associated fees and expenses (the "Transaction").

As part of the Transaction, the Board confirms the final dividend for the year ended 31 October 2019, which was previously withdrawn, will not now be paid. The Board instead intends to use $150.0 million of existing cash reserves to pay down part of the existing Senior Secured Term Loan B due November 2021.

The initial price talk for the new 5-year Facilities is anticipated to be 4.50% above EURIBOR at an original issue discount of 3.0% on the Euro Tranche, and 4.50% above LIBOR at an original issue discount of 3.0% on the US Dollar denominated tranche.