Member Info for G1lo

That is my understanding too. It is on page 10 of the admission documents

https://lansdowneresources.com/wp-content/uploads/2026/05/260430-Lansdowne-RTO-Admission-Document.pdf#toolbar=1&navpanes=0

Before consolidation 1.7 billion shares ish

Now 354 millions

Thanks Swizz but got an alert from ii; Lansdowne has just issued an information note to clarify the matter regarding the preference shares situation.

They do confirm that 1-1 it is post consolidation not pre consolidation.

"Each holding of pref shares is the same number as my original LOGP holdings in each"

Is it still the same? Because the amount of preference shares I received are 1/5th of my original LOGP holdings only, not the same amount

Interactive investors confirmed that the pref. shares are calculated and issued as per POST consolidation not PRE consolidation amount of ordinary shares held.

Anyone else had the same happening?

PS.band they have been moved out from ISA account to trading one indeed today.

Still at this point after so many years tax or no tax I d be just happy to receive any compensation amount tbh

Rather shady characters if true

https://www.irishexaminer.com/business/companies/arid-41601244.html

I don't think we should be celebrating quite yet. Been there too many times before I m afraid.

Let s wait till the end of the month and if the extension deadline scenario repeats itself again then we ll know.

And why didn't he wait until the deal is through and the money hit sle's bank account? What s the rush? Why getting everybody s excited with big headline at the risk of high disappointment later on? That tactic doesn't work. You just wind people up even more. One would think he would have learnt that by now.

Is he buying time but then what for as another setback will only infuriate the creditors further.

If he can pull this off then well done. The good news is we ll know in a couple of weeks time.

They don't lie they just go along with any story told to them like on the 11/05/20 when Oisin "purchased" the shares...it took another RNS on 23/12/20 (7 months later!!) to say the shares had not been bought in the end. And obviously no the money has not been sent or it would have arrived by now. And if it was stuck in the clearance system then TRI and San Leon would know and would openly say do. Again the problem is that both parties are saying nothing at all. There s a reason for it and it s obviously not good and not good enough for shareholders to be told. That doesn't make sense and is suspicious. If there is a problem say it, if the deal is off, say it but saying nothing is not very serious or professional.

11 May 2020 07:00

RNS Number : 3676M

San Leon Energy PLC

11 May 2020

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

11 May 2020

San Leon Energy plc

("San Leon" or the "Company")

Director Dealings

San Leon, the independent oil and gas production, development and exploration company focussed on Nigeria, announces that it has been notified that Oisin Fanning, Chief Executive, has purchased a total of 98,000,000 ordinary shares at a price of 21.0 pence per share on 07 May 2020. Following the purchase, Oisin Fanning has an interest of 107,495,864 ordinary shares (23.89 %) in the Company.

So TRI hasn't confirmed, denied or said anything about the money supposedly still in transit. Why would TRI goes into months of negotiation and hassle and decided out of the blue not to send the money, for no reason at all. If San Leon can't even get an explanation from TRI then what kind of partner was it in the first place. Oisin knows the reason but is not saying as usual then just move to the next project without a word and not a shame. What is so secretive about the money not being transferred? That what is suspicious.

So San Leon has "continued its dialogue with TRAM to understand the reasons for the delay, by TRAM..." and they still none the wiser? Someone again is not telling the truth : either SLE/Oisin either TRI. If there had been dialogue then there had been communication/exchange of information. So SLE asked "where s the money you said you sent" and TRI said nothing back at all, zero info? How could that be? If one party ask a question they get an answer, maybe not the one they want but at least you get one. Here, nothing, no answer, no explanation, no reason. I don't buy it. Makes no sense. The whole truth is not being said here for some reason. So what is the point of Nomad and RNS if it is to say whatever they want. Looks more likely TRI pulled out (without giving any reason whatsoever or where never in it in the first place but then why would they allow SLE to mention them along with "comments on longer term cooperation on the previous Rns). Seems like Tosca is not that bothered to be taken for a ride by Oisin again either, very bizarre..

Let s see if Santa Leon delivers this year or will take the opportunity to bury the bad news at a oh so convenient time (not that it would make much difference anyway) before starting all over again with another year long fairytale story in search of money. 13 Christmas so far with this outfit so not counting my turkeys. Come on surprise us for a change.

Funny how the so highly praised NOMAD didn't object to the issue to that big lie RNS on the 11/05/20...no so perfect that some make it sound hey

So the money has been transferred and 6 weeks later no-one knows where it is, really?! You don't loose track of £100 million. Whatever is happening, someone somewhere is telling Porkie pies

Oh I do remember! Was a right Panto, couldn't make it up...but here we are again. The money has either been sent or not. It has obviously not. Why? Why announcing a deal before the money hit SLE bank account? Oisin had nothing to benefit from it by announcing it early apart looking outdone and stupid. No shame whatsoever . So now he looks like a Muppet even if the money turns up let alone of it doesn't. Tosca must be well impressed by his latest antics.

So how will they ever get in touch with the previous shareholders if the hypothetical 5% on profit is ever be paid if all shares are cancelled? How do they intend to keep track/record. Not holding my breath about it though but LG said he would

Not quite yet but getting close this time imo. I believe patience will eventually pay off, a lot

It s not even a deal! 5% of potential future profits in/within 10 years...what is even the point! Small shareholders are not stupid and the larger ones even less gullible so unless LG cut a seperate deal with the latters why would they go for it? A decent X p per share offer now might have been acceptable but certainly not his offer, it s a crafty billionaire insult. I d rather loose the lot than being taken advantage. Hope that logp will chase Ryan and his department for millions. One can't fool everybody all the time.

No doubt Ryan will be rejoicing and celebrating looking at BEY downfall that he created, serving his own interests at everybody else's expenses, shareholders first and then tax payers when his government will receive the claim bill from LOGP legal team. Take him to the cleaners I say. Strange that BEY shareholders do not press the board to merge with Logp as options are more than limited.

No mass exodus here today. All who wanted out had their chance. Tosca s staying put. Eroton or not, Further delay or not, at the worse SanLeon still has 10.5 % of OML 18 and owed £100 million+. Do the math.

This trio enjoy the drama and their sole and unique goal here is to wind people up until they get a reaction. The more the better and when they achieve this they feel they win. I never read or pay attention to anything they say; so utterly pointless to engage with them as they have absolutely no intention to debate but solely to disrupt. San Leon has £100 million + in the "bank" at the very worse and the conclusion of a transformational deal coming in the next few weeks, that is good enough for me. Ignore/filter the trolls, you are playing their game and wasting your time anyway plus will feel so much better and that will definitely wind them up.

In the meantime SLE still keep on receiving their cut of production circa 2000 barrels per month plus 10% ish on their £5.5 million loan for doing nothing, could be worse, still adds up

Strange that the management never mentions what the options are (legal?) if Ryan keeps on ignoring BEY despite providing all the informations requested and so being legally entitled to carry on with developing the licence . Funny as there is law for everything in this world but not about a government member blocking a business operating legally. Crazy. Never trust a politician, they will always tell you what you want to hear until they are elected.