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Keep them in mind next to FISERV. I wouldn't be astonished if one or the other takes a share in the U.K. FISERV vehicle BidCo or followed up some some. No. of Ordinary Shares* 4,98% 115,500 ODDO Meriten Asset Management SAS 4,84% 112,090,279 Cavendish Asset Management 4,67% 108,196,721 Banco Santander SA 4,41% 102,328,370 Jacobo Ybarra/Gesirus ... FORM 8.3 -- June 2017 1,42% 32932,717 Stephan D Black 27/06/17 1,839 % 42,630,429 Telefonica Digital Espana, S.L.U. 1,277% 32,661,765 MasterCard Europe SPRL 1,07% 24,975,723 Richard William Mason 30/06/17 3,26% 75,592,686 MVN Asset Management Limited 2,8% 64,884,935 Larry Sarbit / Advisory Sarbit 2,4% 55,946,391 Visa International Service Association - YES VOTE 2,66% 61.850.028 FATIH ISBECER - YES VOTE 1,94%. 44795.819 Nicholas Beaumont-Dark 3,2592% 75,541,896 MAN Group PLC 1% 23,341,913 ABCA FUNDS IRELAND PLC acting solely in respect of its sub-fund ABCA OPPORTUNITIES FUND 2,9345% 68,017,517MAN Group PLC 2,4% 56.000.000 EURESA LIFE S.A 2,526% 58.572.019 Gesiuris Asset Management SGIIC, S.A. 1,08% 24,953,905 Barclays Plc
Cooperman, that was two years ago? No fair traders around. Not even british ? Cavendish. In the end it appears they blew a NO signal for a start and helped assemble a yes nodding crowd. Imho.
Call them sick already. One day they know.
What are the chances Monitise FINkit platform is heavily in use, already. A qualified accrued royalty income from Jan 2017 on since the Partner Programme was announced late Nov 16 and billing half year term seem more than likely. Instant Payment coming up November and thus a multimillion hits and secured monetary traffic a day thus £££ is on the cards. Wishful thinking? In Dec 2016 MYPINPAD joined the FINkit Partner Programme. .. David Poole, Business Development Director of MYPINPAD .. MYPINPAD and the other founding partners have made their solutions and services available together on cloud-based FINKit platform, in order to promote and drive industry-wide collaboration and the co-creation and launch of exciting new digital customer propositions in banking and payments. https://mypinpad.com/a-move-towards-harmony-in-fintech-will-inspire-innovation-says-mypinpad/
Bidco than better starts buying a single share in order to reach a 75% majority best case. LOL.
Monitise Americas would make a nice valueable Spin Off and cash in to support this flipping FINkit product. https://open.spotify.com/album/52DYRQWPEu00yJBDHJAMIw
Isn't it amazing that Fiserv made an offer starting from scratch with not a single share call their own? A 75% doubtful reach of a 8.3 majority is unlikely to simply sell on. Imho. Given a NO and thus a plummeting consider a final sell off its units and liquidation.
I agree with NTX that all it needs and was good enough is a70M£ injection.
FY 2017 Earnings Release (Projected), 9th, September
Remember MYPINPAD was among the first wave of FINkit Partnerships in Nov 2016? ..In 2020 we expect to be established as the world leaders in mobile identity authentication and at the forefront of secure data entry innovation. With ‘PIN on Mobile’ about to be thrust into the public domain we aim to be the go to Company for banks, acquirers, merchants and PSP’s who are looking for the most secure and innovative way to accept both in-store and online payments. Although some Companies may allow for the entry of data, PINs and biometrics in to mobile devices, MYPNIPAD is the only Company who can secure this process – our patented solutions enable bank grade, multi-factor authentication. Mobile payment technology is evolving at a rapid pace. There are challenges for the mobile and payments industry to find the right balance between providing a seamless user-experience and meeting security requirements when making a financial transaction. The ability for consumers to enter their card PIN directly and securely into their mobile devices represents a major innovative shift in online and mobile payments – one that enhances the user experience and helps meet PSD2 and EBA Secure Consumer Authentication requirements. https://mobileecosystemforum.com/2017/08/15/5-minutes-mypinpad/
a Fiserv transfer payment or would it be a Moni payment? takes place next week, this was a very mean attempt of a take over through the back door. Just in case and even though my oversea nominee broker denies connectivity nor registration of my holding with Monitise, I am going to take precaution and give clear instruction that no convertion to cash of my holding will be accepted unless it is based on the outcome from 25th, August.
Stew, I refer to the corporates correspondence user "email" and (others?) received Thues last week. Therafter payday is next week. I just wonder if PI's are done and gone once they really get paid. If letter was true. Dear Investor, Corporate Action – Monitise Plc - Scheme of Arrangement Account Number: XXXXXXXX On 13 June 2017, the boards of Fiserv, Inc. ("Fiserv") and Monitise plc ("Monitise") announced that they had reached agreement on the terms of a recommended cash offer by Fiserv UK Limited ("Bidco") (an indirect wholly-owned subsidiary of Fiserv), for the entire issued and to be issued share capital of Monitise (the "Acquisition") at a price of 2.9 pence in cash for each Monitise Share, to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act (the "Initial Offer Announcement"). The Scheme Document was posted to Monitise Shareholders on 3 July 2017. On 24 July 2017, the Court Meeting and the General Meeting to approve the Acquisition were postponed on Fiserv's request, in light of feedback received from certain Monitise Shareholders. On 7 August 2017, the boards of Fiserv and Monitise announced that they have agreed the terms of an increased and final recommended cash offer for Monitise to be made by Bidco, to be effected by means of a scheme of arrangement under Part 26 of the Companies Act (the "Increased and Final Offer"). Under the terms of the Increased and Final Offer, each Monitise Shareholder will be entitled to receive: 3.1 pence in cash for each Monitise Plc share held The financial terms of the Increased and Final Offer are final and will not be increased, except that Bidco reserves the right to increase the amount of the offered price if there is an announcement on or after the date of this announcement of an offer or possible offer for Monitise by a third party offeror or potential offeror. On the above you will receive £XXXXXX for your holding. The proceeds are expected to be paid by 16 August 2017.
Talking about the payment supposed to take place 15th, August, according to the bod's.
25th, August? Any payment executed better is rejected since this could be seen as confirmed or executed. No idea if that is possible. If so, this way YES votes could be collected easily.??? Just came to my mind.
That makes sense. Options then are: A higher offer. We have now and final 0,031£ A new offerer coming to the rescue or picking up that bargain No 75% YES votes in total even now after topping up 0,002£ per share. Meanwhile parties topping up shares in the know of MONI's valuables. Business units and cfwd loss.
FINkit welcomes... https://www.finkit.com/news-media/monitise-welcomes-lloyds-tsb-first-bank-launch-balance-demand-mobile-phone I wondered what time this was. Page not found.
Oops. I take that back. Silly me. By then, take over was a success. LOl
Cheers! The date to be fixed. And to be announced, I presume. .. It is intended that an application will be made to the London Stock Exchange to cancel trading of the Monitise Shares on AIM to take effect shortly after the yet to be announced effective date. The last day of dealings in Monitise Shares on AIM is expected to be the date of the reorganised court hearing. .. When I being an oversea shareholder keep holding, yet am not registered in person nor is my nominee since he does not take on any vote instruction nor follow me, I wonder how my holding will be considered than after a delisting. Any views?
Publication schortly after
A five (5) working day on and half of my investment shall hit my account. With or without the courts meeting? If the meeting took place the day the increase was announced? Sure there is a public announcement imminent schorten after, not on the take over panel, though.