Member Info for CDF1

Total holding 750,000

That'll do me for now.

GLA

(EX) Chief Executive Chief Executive
McColl's Retail Group · Full-timeMcColl's Retail Group · Full-time
Jan 1991 - Mar 2022 · 31 yrs 3 mosJan 1991 - Mar 2022 · 31 yrs 3 mos
Brentwood, EssexBrentwood, Essex
Joined the group in 1991 working initially as Financial Director of vending operations and subsequently in group finance. Appointed Finance Director of the group’s retail businesses in 1998, Chief Financial Officer in 2004 and Chief Executive in April 2016.

WHY DID HE LEAVE AFTER 31 YEARS ? YET RETAINED HIS FULL SHAREHOLDING !

2.2 million tried more but no more available.

Interesting !

Other than WH Smith and McColls who else houses the post office in the UK ?

Just spoke with my postman he said IF there are any official post offices open won't be long before they are gone and absorbed into the likes of McColls or WH Smith totally.

Look at 2017 onwards

https://www.morrisons-corporate.com/about-us/company-history/

Wholesale agreement with McColl’s
Morrisons announces long-term wholesale agreement with McColl’s to supply Safeway and national branded products will be supplied to all McColl’s convenience shops and newsagents across the UK. The deal took wholesale supply sales to more than £1bn.

The Morrisons Group is committed to conducting all of its business in an honest and ethical manner.

https://www.morrisons-corporate.com/about-us/board-members-biographies/

Casper786

Not seen this before but makes sense to me.

Thanks

Laura2022
Here you go!
https://find-and-update.company-information.service.gov.uk/officers/-Xeos9m4oqywrO_BuW5QQ9SgrVw/appointments

Well he's holding a larger position than me at roughly the same SP so we both stand to lose a chunk OR we both like so many others stand to make some PROFIT.

GLA (serious) holders :-)

BeingTheBanker

Nobody including myself can afford to lose anything they've worked hard for.

I invest in many distressed stocks and have done nicely since I started.

For the sake of others and my own investment I trust you were only showing concern !

neilllmcmc11

Furthermore, it appears you are nothing more than a 'day trader'

Your right I don't hold here but did trade it yesterday from 1.79 ans sold at 1.99 but it was really risky and I just got lucky.

neilllmcmc11

Firstly I am NOT a ramper as you put it!
Secondly I can read too and I saw the date!

The point I was making was about 'Morrisons' and 'HOULIHAN LOKEY'

With a substantial investment like most here I know the risks as do they!

Good day to you!!

Just took another 100,000

Current holding: 675,000

GLA

Morrisons is examining its options regarding the financial struggles of its convenience store partner, McColl's Retail Group PLC.

The supermarket chain, owned by a US private equity firm, has a joint venture with McColl's that extends to more than 200 shops and is set to increase to about 450 by the end of 2022.

Morrisons has hired US bank and financial services company Houlihan Lokey (NYSE:HLI) to examine the options regarding its exposure to London-listed McColl's, Sky News reported.

HOULIHAN LOKEY:-
https://hl.com/

The appointment of Houlihan Lokey (NYSE:HLI) should not be interpreted as a sign that Morrisons plans to launch a takeover bid for McColl's, Sky News reported, citing “City sources”, although the supermarket chain could seek to acquire sites as part of any break-up or insolvency process.

As part of their relationship, McColl's is converting hundreds of sites to a store format branded Morrisons Daily.

Their alliance was extended by three years in February 2021 and is now due to run until 2027.

https://news.sky.com/story/morrisons-partner-mccolls-in-talks-with-investors-about-30m-cash-call-12376421

To me it's blatantly obvious that 'Morrisons' is building a position here.

It's just a case of how much they already have?

Once they have a clear majority they can do whatever they like!

Slow and steady as she rises.

No point it spiking as so many will take profits.

GLA

Shareholder enquiries
McColl’s Registrar is Equiniti Limited. They are available to help with any queries relating to your shareholding and dividend payments.

Telephone: 0371 384 2030

Telephone (Outside UK +44 (0) 121 415 7047): +44 (0) 208 639 3399

Monday - Friday, 8:30am - 5.30pm (excluding public holidays in England and Wales).

help.shareview.co.uk (from here you will be able to email securely)