The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
sorry mate I think the numbers you put on are backwards - 72.14 rather than 14.27%.
Plus it says option B was NOT adopted - option B was the immediate repayment. Option A was the favour for companys proposal - so you can conclude the actual outcome from that statement.
thats because its bullshit - you can see for yourselves in Hebrew, the numbers are there in last paragraph - nothing like the numbers hes suggesting - total false.
Where are you getting this translated from unless your bullshitting the vote figures - there're incorrect and misleading. Everyone read my posts that is the genuine translated post with actual numbers (CORRECT)!
The following are the results of the vote, including all the votes cast: 81,250,015 pi. Bonds A, which constitute 100% of all the votes of the shareholders who participated in the meeting, 58,613,457 par value bonds, constituting 72.14% of the votes participating in the vote, voted in favor of the principles of the arrangement of the Company. 22,636,558 par value Bonds A, constituting 27.86% of the votes cast in the vote, voted for the immediate repayment of the bonds.
Therefore, the draft resolution in section B was not adopted.
Between the Company and the debenture holders and / or with respect to the amendment of the terms of the Deed of Trust, as the case may be, will be accepted only after the appropriate legal proceeding is held for the approval of the debenture holders of the Arrangement Documents. It should also be clarified that the manner of voting by the debenture holders at a meeting on a draft resolution in section A shall not bind them to the manner of their voting at a meeting to be convened for the purpose of discussing and making a decision regarding the approval of the arrangement and / or amendment to the trust deed,
Is different from their vote at the meeting that is hereby convened, all in accordance with their absolute discretion.
The decisions in this Section 1 are subject to the indemnification and financing obligation in Appendix A to the Voting Deed, and in this regard the contents of Appendix A to the Voting Deed shall be deemed to be an integral part of the above-mentioned resolution.
1. The issues raised for voting in the framework of the meeting and the results of the vote: 1. Approval in principle, indicative and non-binding, of principles for an arrangement between the Company and holders of debentures
The debt according to the Company's offer or the immediate repayment of the debentures: To approve one of the following resolution proposals:
A. Approval in principle of an indicative and non-binding principles for an arrangement between the Company and the debenture holders according to the Company's proposal:
To approve, in principle, indicative and non binding principles for an arrangement between the Company and the debenture holders as proposed by the Company in a presentation published on January 29, 2019, in the supplementary presentation published by the Company dated January 32, 2019, and in clarification regarding the principles of the arrangement published on 423.1.2019 . or
Reznik Paz Nevo Trusts Ltd. The trustee for the Series A Bonds issued by the Company ("the Trustee") is pleased to announce the results of a meeting of the holders of the Series A Bonds of the Company held on January 29, "The Meeting").
The votes on the issues on the agenda of the meeting were made by means of the voting slip (the "Voting Letter") 1 or through the electronic voting system, all as prescribed in the summons to the meeting.
A legal quorum was present at the meeting and the holders of the Series A debentures held a total of 81,250,015 par value. Series A debentures, constituting 80.45% of the balance of the outstanding Series A debentures (ie 101,000,000 par value).
TA market is closed now, hence no time to react from their part. For us its perfect! Hour of trading to go plus official RNS to be released
Crazy thing is, this gives change for many to get in relatively cheap before the official RNS probably tomorrow morning or later today.
No mate. this info is from the RNS released this PM from the latest vote and meeting! Different agenda this time round - to approve or disapprove the companys proposal and arrangements. Looks like the company presented a presentation to the BHs today based on that one released on 23rd. Translate latest RNS, its all on there. Great news!
72% VOTED IN FAVOUR OF THE ARRANGEMENTS MADE BY THE COMPANY. DOESN T GET MUCH CLEARER THAN THAT (SORRY FOR CAPS LOL)
LOOKS THAT WAY MATE!
The following are the results of the vote, including all the votes cast: 81,250,015 pi. Bonds A, which constitute 100% of all the votes of the shareholders who participated in the meeting, 58,613,457 par value bonds, constituting 72.14% of the votes participating in the vote, voted in favor of the principles of the arrangement of the Company. 22,636,558 par value Bonds A, constituting 27.86% of the votes participating in the vote, voted in favor of making the debentures available for immediate repayment.
There were no voices avoiding the turtle
ahh you finally found the problem! thanks Profit.. I suggest we all sell. Profit found the problem all along that we missed. Right, hovering over sell button......... muppet
I strongly believe this is just the beginning of a rerate, look at where the company was a year ago. This was priced to fail. The company needs this to work with the BHs and vice versa to benefit all parties. This is no pump & dump and this isn't an AIM listed company. This rise is based on the BHs agreeing with the company to move forward. So far, it looks like they do vote in favour. GLA
Over 30% up... I really think inside info plays a part here. This will go mental on official news
When did they vote down? Lol mate your desperate. Just buy in. Fyi they voted against immediate repayment.. which means they want to play ball with the company. Come on mate catch up.
Surely vote is over right now in TA and it’s flying..... is that a sign of things to come??
Tase seem to like it. So far so good.
It just needed official news from Sunday rather than google translate lol. Market reacts better to this