TR-1 notice20 Jan 2021 23:03
We have seen two TR-1 notices within 9 days, the first was for 10.87% and the latest today at 5.45%
I draw your attention to this link which put pen to paper on the 18.01 in relation to latest placing previously RNSed, this is transfer of shares, holding notifications from those shares as this one seen today are starting hit the market:
https://webfiles.thecse.com/sedar_filings/00021327/2101181808142079.pdf
Having emailed Arthur he has confirmed this:
“The form is for Canadian Security Regulations. It is filed under exemptions allowed for foreign purchasers, in otherwords non-Canadian subscribers. It relates to the previously announced share placing, first portion £6 million. The $ amount quoted is in Canadian $.
I hope this clears things up, as it is just a regulatory filing done post placing.
Arthur”
Given this form 45-106 F1 was only signed within the last couple of days and the amount of large trades popping up I am expecting a couple more TR-1 notices soon.
Now why these shares are getting hoovered up and finding themselves in sticky hands, how quickly will the SP tick up once it re-rates on Atomic Deal completion, the MC surpasses £50m and the institutional investors want their large positions.
You guessed it a massive bull run, follow the smart money, PIs taking positions before the herd, traders and institutional investors arrive.
Think we can all agree things are falling nicely into place and the brakes are away to come off and the SP is away to start its march North - GLA