Member Info for Eddie187

How is everyone feeling?

There seems to still be some hope after DR Ks post

This below statement says it all:
EHGO considers it regrettable that its proposal to rescue Iconic Labs Plc was not accepted.

EHGO commends the exemplary work done by Iconic Labs Plc’s CEO, Brad Taylor. He accepted this role in an extremely challenging moment for the company and demonstrated a firm commitment and dedication to finding solutions with the creditors and the JAs. He also put forward a strategic vision that we are confident would have created value for the company and its shareholders if he had the opportunity to pursue it. Unfortunately, for many of the reasons set forth above, it was simply impossible for him to overcome issues that long pre-dated his arrival at the Company.

Just a shame we had to hear about it from EHGO and have been kept in the dark for so long. A harsh life lesson learnt, thousands lost on this side. I struggle to see any positives for this share now.

Nothing as if yet however, administrators aren't exactly consistent with the timings of their news. Holding out for some news this week at least

It's on an iconic labs Facebook group page

Monday RNS hopefully

Has to be something this week surely

Unless the administrators have been on a week bender after securing more charges, we have not waited this long for a GM postponement, which could be a good thing. I'm feeling optimistic that we will hear something today. GLA

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Roll on Tuesday/Wednesday

I am wondering if we will even get an RNS this week or will have to wait until after the 7th September.

I really hope so northernboy. It's been a long drawn out process and staying positive is literally all we can do. I pretty new to trading and invested far too much into Icon, falling for all the sting hype

Completely out of our control. I've got a hefty investment in here and worrying about the outcome only winds me up. Easier said than done but, try and focus on other shares and what will be will be with icon unfortunately.

Thanks cooper, any news on the meeting with creditors? How long are they doing to string this out for I wonder, seriously not good for the health haha

If the GM was postponed we would have heard by now, so I'm staying positive that this could be a great end to a week for Icon.

Looking forward to the next RNS, hopefully it comes this afternoon after a positive meeting with creditors.

McKenzie51 - good point. We will find out tomorrow morning or after the meeting with creditors scheduled for 11:00, as you say they may have nothing to tell us until after the creditors meeting. GLA

Same old story. They are clearly pushing the dates for a reason that we unaware of, hopefully a good one.

Dr _Krebs - I hope you don't mind me asking, but how do you know this information before there is even an RNS?

What is everyone thinking if we resume trading? Will there be a huge panic sell out? I'm going to hold as I think it will climb with some good news

In the High Court of Justice

Business and Property Court Court Number: CR-2021-000991

ICONIC LABS PLC
(Company Number 10197256)

Notice is hereby given, pursuant to Rule 15.13 of the Insolvency (England and Wales) Rules 2016, that the Joint Administrators of the above-named Company (the ‘conveners) are seeking a decision from creditors on by way of a virtual meeting. The purpose of the virtual meeting is to approve the Joint Administrators’ proposals and to decide whether to form a committee, and if one is not formed, to seek resolutions, Fixing the Pre appointment fees, fixing the Joint Administrators’ remuneration and approving the Joint Administrators’ category 2 expenses

The meeting will be held as a virtual meeting by conference call on 11 August 2021 at 11a.m. Details of how to access the virtual meeting are included in the notice delivered to creditors. If any creditor has not received this notice or requires further information please contact the Joint Administrators by using the details below.

A creditor may appoint a person as a proxy-holder to act as their representative and to speak, vote, abstain or propose resolutions at the meeting. A proxy for a specific meeting must be delivered to the chair before the meeting. A continuing proxy must be delivered to the Joint Administrators and may be exercised at any meeting which begins after the proxy is delivered. Proxies may be delivered to 3 Field Court, Gray’s Inn, London, WC1R 5EF.

In order to be counted a creditor’s vote must be accompanied by a proof in respect of the creditor’s claim (unless it has already been given). A vote will be disregarded if a creditor’s proof in respect of their claim is not received by 4pm on 10 August 2021 (unless the chair of the meeting is content to accept the proof later). A creditor who has opted out from receiving notices may nevertheless vote if the creditor provides a proof of debt in the requisite time frame. Proofs may be delivered to 3 Field Court, Gray’s Inn, London, WC1R 5EF

Date of Appointment: 4 June 2021

Office Holder Details: William Antony Batty (IP No. 8111) and Hugh Francis Jesseman (IP No. 9480) both of Antony Batty & Company LLP, 3 Field Court, Gray’s Inn, London, WC1R 5EF

Further details contact: Sheniz Bayram, Tel: 020 7831 1234, Email: sheniz@antonybatty.com

William Antony Batty, Joint Administrator

27 July 2021

Ag GH42163