focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
October could be our month.
Paul Gazzard CEO, comments "the process of lifting the suspension of the trading of the shares has taken time. This time has been spent enabling us to move to reposition Dukemount in a manner beneficial for stakeholders as a whole. The Board will now set about searching for a new target company and business to pursue as we repurpose Dukemount and will work with Peterhouse and our other advisors to facilitate this. This process will commence and be undertaken expeditiously and we hope to update the market soon on the next steps for Dukemount."
3 weeks ago.
00.16p
This was the suspension price. Would need to see this past 00.25p before any real excitement trickles in.
Waiting patiently to see what happens this week, like many here.
A director buy would be a rocket Adams. Promising for the week for sure.
Markeurasia,
RTO progression or updates are well within now and mid Nov. Next 5 weeks, well before xmas holidays.
BOD’s likely know the target sector and business industry they are seeking by now, they had 12months to figure this out and their own rto transaction expectations from any reverse takeover. If they share the sector the shareholders that would be a good start. Imo.
Hold your shares from here:)
Agree with many posters here. News can’t be far away.
A good rns... A good rally...
New awards.
Arlington not mentioned this morning. Just checked the website.
Https://storageawards.solarenergyevents.com/2023-shortlist/#el-1de82f20
An award would receive exposure.
ME,
Lots of legal articles written by law firms written on the new RTOrules V old rules.
Few here need to get upto speed.
Dyor
Feel free to call Brokerage if unsure about new UK rules
In particular, the proposed removal of the requirement for an automatic suspension on the announcement of an acquisition will put the UK on a much more even footing with other markets.
London's SPAC-friendly listing rules explained:
Old rules
Prior to the FCA's Listing Rules change, a major disincentive to SPACs listing in London was a Listing Rule requirement - LR 5.6.8 G - which meant that in most cases when a SPAC found a target business with which to merge or acquire (a "de-SPAC transaction"), it would be forced to accept a suspension of listing prior to updating the market with financial and other information about the new business of the listed entity.
New rules
The changes that the FCA introduced in August 2021 to allow a special category of "SPAC" shell company to de-SPAC without suffering a suspension in its listing, require the SPAC entity to satisfy a number of listing conditions (listed below), some of which (if not in their specifics) were also adopted by the Singapore and Hong Kong markets later in 2021 as they joined the race to attract SPAC listings and investment.
(New conditions which DKE have likely adopted and passed compliance checks).
MM’s sense TR1 may be filed soon.
Https://www.energyvoice.com/renewables-energy-transition/524587/qa-with-matthew-clare-chief-executive-of-masdar-arlington/#:~:text=Matthew%20Clare%2C%20CEO%2C%20Masdar%20Arlington%20Energy.
Interview with Matthew Clare
London's SPAC-friendly listing rules explained:
Prior to the FCA's Listing Rules change, a major disincentive to SPACs listing in London was a Listing Rule requirement - LR 5.6.8 G - which meant that in most cases when a SPAC found a target business with which to merge or acquire (a "de-SPAC transaction"), it would be forced to accept a suspension of listing prior to updating the market with financial and other information about the new business of the listed entity.
The changes that the FCA introduced in August 2021 to allow a special category of "SPAC" shell company to de-SPAC without suffering a suspension in its listing, require the SPAC entity to satisfy a number of listing conditions (listed below), some of which (if not in their specifics) were also adopted by the Singapore and Hong Kong markets later in 2021 as they joined the race to attract SPAC listings and investment.
New conditions which DKE have likely adopted and passed with regulators.
Enthusiastically cringeworthy came to mind.
Hold on to your gold chips Radika;) Always felt this would return, but never guaranteed. There is “Unfinished busniess” it seems. Paul Gazzardd remains an “active” Director of the private company Arlington Energy ltd on companies house. I did wonder if he would or not. Joining the dots here like many:))
Stay well Radika.
Fantastic news we are back, very pleased for all here. Holder patience will be paid off.
Trust holders have all seen this Govt Press release.
Record number of renewables projects awarded UK government funding.
Flagship renewables scheme set to deliver 3.7GW of clean homegrown energy, enough to power the equivalent of 2 million homes. (September 8th 2023)
https://www.gov.uk/government/news/record-number-of-renewables-projects-awarded-government-funding
You’d melt if that happened. LOL..
Dke need to update their website - 2023 column would be a start.