Member Info for chanjael

Maybe not ;-)

The same time as April's I'd have thought. What time did they announce then?

An offer is highly likely here imo. I cant see that it would be left until deadline day to announce that AVG have pulled out.

Correct Flundra. 26th for t/o and 31st banking

Hi all, a question for those who have perhaps been in a similar position to this before. Is it usual practice for takeover announcements to be made exactly on the deadline date or can it quite often be announced before the deadline is due. I'm just thinking out loud really. Is it more likely that the deadline here will be extended yet further again due to the fact they are leaving the announcement so late . . . . again!! a share of your knowledge would be appreciated, thanks

The price seems fairly stagnant to me Graham rather than on its way up!

I'm shi**ing myself Wanglii. There you go I said something! No trades, no chat, no nothing . . . what is going on here? Just hoping that AVG don't make an offer, or if they do it's North of my 67p target . . . Just finding this odd in that we are due 2 highly important announcements from these boys this week and not 1 share traded hands today! Bizarre.

. . . wider number of subsea wells than can currently be economically accessed using existing technologies. University of Edinburgh partnership Hayward Tyler has also been working with The University of Edinburgh, to develop a generator to harness wave energy and convert this to power. The C-Gen Neptune generator has been developed to a working prototype and has now secured £2.5m funding through Wave Energy Scotland to build the first units for production and testing offshore, of which £0.75m relates to Hayward Tyler's involvement over the next 24 months. Hayward Tyler is ideally suited to manufacture and develop this technology, having recently completed the build of their Centre of Excellence, the world's most advanced facility for specialist motor manufacture, with testing capabilities designed for their submersible, fluid filled electric motors, including 4m and 7m test pits and permanent magnet clean facilities. Chief Executive Ewan Lloyd-Baker commented: "We are delighted to be announcing these new contract wins which confirm that momentum is continuing to build throughout HTG. We are proud to be supplying our performance-critical products to these projects, to both new and returning customers, and it remains integral to our international growth strategy as we service a broadening end-market. "We are also very excited by the research and development programmes that we are party to. Our work with both FSubsea and with the University of Edinburgh demonstrate our ability to work in partnership with some of the work's finest engineers to deliver technological advances that are likely to have very tangible benefits to their respective sectors."

Hayward Tyler Group plc ("HTG", the "Company" or "Group"), the specialist engineering Group, comprising the operating companies of Hayward Tyler and Peter Brotherhood, is pleased to announce that the Group has made further progress and won several new orders totalling more than £2.1m from key customers. Highlights · Over £1.5m contract to deliver a 9MW steam turbine to the world's largest biomass power station, currently under construction in the UK; · £600,000 contract with Dongfang Boiler Group for two boiler circulating pump ("BCP") units for the new Tian Ming 1000MW Ultra Super Critical power plant in Sichuan Province, China; · Strategic alliance with FSubsea moves into full-scale prototype development of the Hydromag autonomous subsea boosting development programme, following agreement with Aker BP, Lundin and NOV; · Working with the University of Edinburgh on the development of the C-Gen Neptune generator to harness wave energy, which secured £2.5m in funding through Wave Energy Scotland. Contract wins The first contract win is for a Peter Brotherhood 9MW steam turbine mechanical drive. The contract is valued at over £1.5m, is for delivery in early FY2019 and will be for the world's largest biomass power station due to start commercial operation in 2020. Critically, this order win demonstrates the versatility of end-market applications for Group products and a broader addressable market. Hayward Tyler has also secured another order with the Dongfang Boiler Group to provide boiler circulating pumps at the new Tian Ming power plant in Sichuan Province, China. The 2x 1000MW Ultra Super Critical power plant is currently under construction and the contract is the second BCP order from Dongfang Boiler Group this year, following the Ennore contract win recently announced. Research and development FSubsea strategic alliance In April, 2016 FSubsea and Hayward Tyler announced the formation of their strategic alliance agreement with the adoption of Hayward Tyler's subsea motor technology as part of the innovative FSubsea Hydromag autonomous subsea boosting development programme. FSubsea, a winner of this year's OTC Spotlight on New Technology Award, announced earlier this month that Aker BP, Lundin and NOV had signed an agreement to develop and test a full-scale prototype of the world's most autonomous boosting system. With this news, the prototype will now be tested offshore following extensive factory acceptance testing and as a result of this the Hayward Tyler motor and qualified penetrator technology has been selected for adoption to support the subsea deployment of the system. The FSubsea order for the Hayward Tyler penetrators reflects the strong collaboration and confidence in their respective technologies that both businesses believe hold the key to unlocking single and multi-phase boosting solutions for a far wider n

no more a probability than the opposite or a somewhere in between scenario surely? anyhow, we'll know soon enough . . .

Wanglii, some pretty specific assumptions made in your post. Bearing in mind that as far as I can see nothing has yet been disclosed, why such a pessimistic post? Are you privy to something that the rest of us aren't?

Still moping them up which gives me confidence just wish they would hurry the process along not good for my blood pressure!!!

Just sold a small portion of my holding, got 56p (1000 shares) fair play Graham

Seems quite cheap for a buy. The previous purchase was 58.5p I believe. Mind you, what do in know.

Quite a big sell of 50,000 shares yesterday. If I'm being honest I'm starting to get a little nervy here. All very quiet . .

What makes you say that Graham?

Further to the announcement of 16 March 2017 Hayward Tyler Group plc, the specialist engineering Company comprising the operating companies of Hayward Tyler and Peter Brotherhood, is pleased to confirm that it continues to have constructive discussions with its bank, Royal Bank of Scotland ("RBS"), regarding a suitable long term financing structure to support the longer term prospects of the business. The Group also continues to discuss have constructive discussions with RBS with respect to the repayment of £2.4 million of short term banking facilities and the annualised measurement of the financial covenants, both of which have been extended from 30 April to 31 May 2017.

On 31 March 2017, the Board of Hayward Tyler announced that it was in the early stages of discussions with Avingtrans PLC ("Avingtrans"), regarding a possible offer by Avingtrans for the whole of the issued share capital of the Company. Further, in accordance with Rule 2.6(a) of the Code, Avingtrans was required to announce either a firm intention to make an offer for the Company (pursuant to Rule 2.7 of the Code) or announce that it does not intend to make an offer (pursuant to Rule 2.8 of the Code) by 5:00pm today (being the 28th day following the date of the original announcement). The Board of Hayward Tyler announces that, at its request, the Panel on Takeovers and Mergers (the "Panel") has consented to an extension of this deadline in accordance with Rule 2.6(c) of the Code and, accordingly, Avingtrans must, by no later than 5.00pm on 26 May 2017, either announce a firm intention to make an offer for Hayward Tyler in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Panel. As set out in the original announcement, discussions with Avingtrans were at a very early stage. The purpose of this extension is to provide the directors of both Hayward Tyler and Avingtrans the opportunity to continue their discussions, including the provision of key information to assist Avingtrans in understanding the value of the Company. This announcement is not an announcement of a firm intention to make an offer under Rule 2.7 of the Code (as defined above) and there can be no certainty that an offer will be made, nor as to the terms of any offer, including whether any offer would be at a significant premium to the current share price. The Company remains in an "Offer Period" as defined in the Code. Accordingly, the dealing disclosure requirements listed below will apply. Further update announcements will be made as appropriate.

I think you are missing something I'm afraid. The point of the board springs to mind.

I read the report Graham. It does infer that HAYT are not financially sound? I'm holding here but fail to understand the problem with Ed's post?