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Update on Put Option with Conduit
Cizzle Biotechnology Holdings plc, the UK based diagnostics developer, is pleased to announce a further update on its put option to sell: (i) its 5% economic interest in the commercialisation of the AZD 1656 asset to treat inflammatory pulmonary and cardiovascular disease; and (ii) its royalty sharing agreement with St George Street Capital, to Conduit Pharmaceuticals ("Conduit") for a total consideration of £3.25 million, to be satisfied through the issuance of new shares in Conduit (the "Option"), as announced by the Company on 19 December 2022.
Conduit originally announced on 9 November 2022 that it had entered into a definitive business combination agreement with Murphy Canyon Acquisition Corp. (NASDAQ: MURF) ("Murphy"), a 'blank-check' special purpose acquisition company (the "Conduit-Murphy Transaction"). On 12 May 2023, Murphy made a preliminary proxy statement/prospectus Securities and Exchange Commission ("SEC") Form S-4 filing in the USA.
Cizzle is pleased to note that Murphy has now received a notice of effectiveness from the SEC which can be found here:
https://www.sec.gov/Archives/edgar/data/1896212/999999999523002356/xslEFFECTX01/primary_doc.xml.
RNS Number : 1450J
East Imperial PLC
14 August 2023
TR-1: S tandard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the East Imperial Plc
3. Details of person subject to the notification obligation (iv)
Name David Michael James Dawson
5. Date on which the threshold was 11/08/2023
crossed or reached (vi) :
--------------------------------------------
6. Date on which issuer notified 11/08/2023
Resulting situation
on the date
on which threshold
was crossed
or reached 4.94% 4.94%
------------------ --------------------- -------------- --------------------
Position of
previous notification
(if
applicable) 3.96% 3.96%
East Imperial PLC Holding(s) in Company
10/08/2023 8:46am
UK Regulatory (RNS & others)
TIDMEISB
RNS Number : 9337I
East Imperial PLC
10 August 2023
TR-1: S tandard form for notification of major holdings
David Michael James Dawson
Resulting situation
on the date
on which threshold
was crossed
or reached 3.96% 3.96%
No record of any previous holding.
No but it seems someone is rolling over a short.
At 12.47.02pm price is 1.4-1.6p.
At 12.47.09pm price adjusted down to 1.3-1.4p on a trade of 3.38m @1.35p
At 12:47.42pm price still 1.3-1.4p another trade for 3.38m @ 1.3515p goes through. So a premium is paid on the latter trade and 33 seconds after the first.
As for Taylor Partners and their nominee/s they represent they are below the 3% so not really an issue anymore. Its not worth getting fixated on. The short rollover(its certainly looks like one) maybe in place for whatever reason so not going to speculate. It has to be bought back at some point though.
RNS Number : 3760I
East Imperial PLC
04 August 2023
4 August 2023
East Imperial plc
(the "Company")
Result of General Meeting
East Imperial, the global purveyor of ultra-premium beverages, is pleased to announce that all resolutions were passed at the General Meeting ("GM") of the Company held earlier today.
At the GM, shareholders approved the allotment by the Directors of the 2025 Convertible Loan Notes and the dis-application of statutory pre-emption rights in respect of such allotment.
As announced on 17 July 2023, the Company is proposing to raise in aggregate GBP2.2 million (before expenses) by the issue of 10% Secured Convertible Loan Notes ("2025 Convertible
Loan Notes") in two tranches to strategic investor Wen Hua International ("WHI"), the Company's current Chinese Mainland and Macau distribution partner (the "Proposed Transaction"). The 2025 Convertible Loan Notes will be unlisted and no offer or invitation is being made to shareholders more generally to purchase, acquire or subscribe for any of the 2025 Convertible Loan Notes in conjunction with the Proposed Transaction.
The Company expects to close the first tranche of the investment over the next few days, with WHI raising GBP1,466,666, and a further announcement will be made in due course.
It was put out by EISB on twitter within the last hour my friend. Might be RNS to follow? But good news all the same and a great follow up to Friday's news
Just agreed terms on an exclusive supply agreement with Singapore's newest 5* hotel—an exciting project & partnership with Ascendas Hospitality Trust (A-HTRUST). Launching in Sept 2023 - 300+ rooms, luxury house bars and restaurants. #ExperienceExceptional #EISB
Air New Zealand
Fleet Size: 160
Destinations: 50
New Zealand Government owns 51%
As of 2022 (All figures are conversion from NZ $)
Revenues: £1.309bn
Profits: £283m
Total assets: £4.35bn
They fly since Oct 22, 3 flights in from Auckland to Chicago weekly and vice versa. That’s six flights in total per week initially. There is also the same schedule for Auckland to New York per week.
Tony Burt, East Imperial CEO, says, "Today marks a milestone that the East Imperial team is proud of. The opportunity to partner with the iconic Air New Zealand brand is an honour that signifies a significant achievement for East Imperial. This collaboration allows us to further introduce East Imperial to a broader and strategically important US audience, showcasing our craftsmanship and commitment to creating exceptional drinking experiences."
For them to be buying must mean OCTP are in an open period and therefore no price sensitive news for the short term. If it was closed I believe they would not be able to makes those purchases. The good news for the long term holders is this would be a safe accumulation period if funds were available and everything is on schedule.
Thanks DaveTK
I still stick with TP being nominees and that therefore we will never know the true identity of their clients. They certainly were not the holders themselves, they just acted on behalf of the client. Its long shot but what if the client they acted as nominees for was the very same now picking up CLN? They hedged their bets right!
Wen Hua Hang Wine & Spirits Co. Ltd. was originally founded in 2004 and it is located in Zhongshan, Guangdong province. With an annual turnover of about HKD 2.2 billion, Wen Hua Hang is the exclusive first tier wholesaler in South China for Pernod Ricard providing logistics and credit services to its second tier wholesalers in Guangzhou, Guangdong West & Hainan.
Looks like this was a while ago, but works out at around a £217m turnover.
Today 07:00
RNS Number : 1466G
East Imperial PLC
17 July 2023
17 July 2023
East Imperial plc (the "Company")
Funding Update - proposed issue of £2.2 million 10% Secured Convertible Loan Notes
East Imperial, the global purveyor of ultra-premium beverages, is pleased to announce that it is proposing to raise in aggregate £2.2 million (before expenses) by the issue of 10% Secured Convertible Loan Notes ("2025 Convertible Loan Notes") to strategic investor Wen Hua International ("WHI"), the Company's current Chinese Mainland and Macau distribution partner (the "Proposed Transaction"). The 2025 Convertible Loan Notes will be unlisted and no offer or invitation is being made to shareholders more generally to purchase, acquire or subscribe for any of the 2025 Convertible Loan Notes in conjunction with the Proposed Transaction.
RNS Number : 7136F
Oxford Cannabinoid Tech.Holdings
12 July 2023
Oxford Cannabinoid Technologies Holdings plc
("OCTP" or the "Company")
Investor Presentation and Q&A - Programmes update
OCTP will host a live presentation and Q&A via the Investor Meet Company platform at 16.00 BST on Wednesday 19 July 2023, open to all existing and potential shareholders.
Recently appointed Chief Medical Officer, Dr Tim Corn and Chief Scientific Officer, Dr Valentino Parravicini, will discuss developments across the Company's portfolio.
Investors can sign up to Investor Meet Company for free and add to meet Oxford Cannabinoid Technologies Holdings plc via: https://www.investormeetcompany.com/oxford-cannabinoid-technologies-holdings-plc/register-investor
They are on filter as of now. If they cannot get basics right, like EISB is not on AIM then why would anything else be of any value that they say? Why would you not even check that basic detail? If the comeback is EISB is just like an AIM stock well that's just subjective.
Some have bought the shares to be part of any growth. We bought into part of the company, and we use any weakness thanks to the likes of the impatient to consider whether to take further advantage or be content with what we already have and wait on news patiently. Emotions should be left to the minimum, and research will further be a help.
If Roger thought this was an AIM stock, then I wonder at the point of their purchase they were actually aware as to what the company did? or was it a simple gamble without any DD?
Starting to filter a few more sadly. Didn't want to but its slowly beginning to move away from the main topic of CIZ, and its not fair to those who have a long term interest, and helped others with their findings, and actually want to discuss a positive life changing diagnostic kit rather someone who seeks attention.
Jace hope you are well mate.
I filtered them as when they referred to CIZ being on AIM then you know what you are dealing with. The £500 is possibly a ruse as well simply to gain attention which they seemed to be getting and cluttering. Filter was the only choice as dialogue would be like getting caught in a spider's web. Not worth it.
The AGM will be held at the offices of Shakespeare Martineau LLP,6(th) Floor, 60 Gracechurch Street, London, EC3V 0HR on Thursday, 29 June 2023 at 9.30am.
The AGM of Cizzle Biotechnology will be held at 11.00 a.m. BST on 28 June 2023 at the offices of Shakespeare Martineau LLP, 6(th) Floor, 60 Gracechurch Street, London, EC3V 0HR.
roger65, I believe you are out of this since this morning? You stated as such. No issue with you continuing to post as its an education/observation in itself. I will quote you what you posted to someone else today, with your name replacing the intended recipient.
"then come back in a couple of years time Roger65.
Do you intend to post here every single day until such time as the company begins to turn a corner?"
My advice is we can only wait and see what type of finance is 'imminent' but I cannot see why they would go through a horrible global landscape while improving on markets and revenues in 2021/22 only to fall into administration (not my take, but your opinion). Investing is a long term project, not something based on the last 24 hours. Hopefully you will reconsider, but get your emotions in order first my friend
Tonnacombe
I got them on filter from last time as they accused Tony Birt of certain personal things, and they never backed up those claims, so it throws anything else it says into doubt.
Watching the trades this late morning till now clearly shows that there is a concerted party trying to get the price down to VWAP over the 10 trading days. Lots of 100k buys and nothing, followed by a couple of similar sells and the price moves down. Not complaining just observing and this confirms to me what is being worked in the background. Not a time to be emotional, but a time to work out if its worth adding.
A drop of over 40% in 2 trading days, is certainly getting attention from both sides.