Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ruck are you saying you got 40% of your entitlement as extras? i.e. you were entitled to 10k and you got 4k in extras total 14k.
What % of the extras you asked for did you get. I got 21.3% of the extras I asked for plus my entitlement.
Why not appoint the Chairman as your proxy and email any questions you have they will then be recorded in the meeting minuets. See notes below from the circular for the meeting. Other companies allow written questions. You only have until 10am on 7th August. Instruction on where to send proxy and email below.
Appointment of proxies
3.If you are a Shareholder of the Company at the time set out in note 1 above, you are entitled to appoint a proxy to exercise all or any of your rights to attend, speak and vote at the General Meeting. You can only appoint a proxy using the procedures set out in these notes.
4.A Shareholder entitled to attend and vote at the General Meeting may appoint one or more proxies to exercise all or any of such Shareholder’s rights to attend, speak and vote at the General Meeting. A proxy need not be a Shareholder of the Company but must attend the General Meeting for the Shareholder’s vote to be counted. If a Shareholder appoints more than one proxy to attend the General Meeting, each proxy must be appointed to exercise the rights attached to a different share or shares held by the Shareholder. To appoint more than one proxy, each different proxy appointment form must be received by SLC Registrars, Elder House, St Georges Business Park, Brooklands Road, Weybridge KT13 0TS or by scanning a signed copy and emailing this to office@slcregistrars.com as soon as possible and in any event not later than 10.00 a.m. on 7 August 2020. As explained in paragraph 13 of Part 1 of the Circular, Shareholders should appoint the ‘Chairman of the meeting’ as their proxy.
I have this message in my account "If your subscription shares are held within an ISA account, please be aware that the subscription shares are not transferable and therefore the facility to take this Offer up outside of an ISA account is unavailable." As I have already used my ISA allowance for this year does s this mean I can't take up the offer unless I sell some of another stock held in my ISA? I can't take them up / move them in my trading account?
Also, if however unlikely this may seem (it will never happen) SCLP end up making profits and pay a dividend the pot of that divi has to be spread amongst more shares so is a smaller payment for each share the more in issue.