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MBL Group plc notes the recent rise the Company's share price. The Company is not aware of any unpublished inside information.
However, the Company notes commentary posted online yesterday seeking support from shareholders for an undisclosed potential reverse takeover of a natural resource asset.
The Company has also received an informal approach regarding a potential acquisition of a natural resource asset. At this stage insufficient information has been provided to the Company for it to form any view of the opportunity and the Company does not consider that it is in any form of talks that may or may not lead to a transaction. The Company does not know whether this approach is linked to the online commentary noted above.
Contact:
Anton Lane
James Reynolds
MBL Group plc
01772 440440
Mark Brady
SPARK Advisory Partners Limited (Nominated Adviser)
0113 370 8970
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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MSCBUGDCRDDBGIR
Wow - someone bought a large amount.
Sure - a 70% spread is not okay, but I hopefully a gradual rise / interest builds will allow the spread to be bought down to a more reasonable level soon. (IMO).
71% Spread for this stock is really quite low - it has been a lot more than that over the last few weeks. One thing I will point out is that the bid is closer to 4 and they are willing to take higher sums. Has been negotiated trade previously.
Maybe something is on the way (IMO).
Good memory - yes I remember that well. Thinking I was clever with doubling my stake and sold (not a bad result), only then to look back a few days later and say it was 20 x the price I sold. One can wish. GL if you are invested.
99.6% votes against the decision / only 0.4% in favour. Interesting IMO.
Someone bought over 4k of these at 9? Gone from 9 down to 3.22 close. Wow!!
31-Aug-1812:58:090.30525,834Sell* 0.280.321,578O - my buy also showing as sell. Craft MM'S.
Well done all genuine holders, and to those that kept their nerve whilst the de-rampers made their comments. Normally a 300% plus rise (IMO) dwindles down throughout the day - not this one though which is exciting for tomorrow. GLA
Notice of results
Shame - thought it may breach 100 today. AIM at it's best.
Is there no trades showing?
Who sells - £38 quids worth of shares??? Desperate for shares IMO.
54 ish. It is frustrating the way the share price has acted since the RNS, and the buy price keeps getting lowered each day to take it back to where we started. MM at their best (worst). IMO.
Over 1k worth via Halifax.
Not the start that we were looking for. Hopefully a recovery may happen later. GLA
GLA