RE: Posters TerrorWit and Nanonano exposed to be probably linked to the company / VOTE NO! / TAKE ACTION!7 Jun 2026 10:55
FECK OFF YOU LEECH. IT IS PATHETIC THAT DIRECTORS ARE SO DESPERATE TO LURK HERE TO TRY INFLUENCING THE VOTE.
The principal effects of the Cancellation will be that:
· there will be no formal market mechanism enabling Shareholders to trade Ordinary Shares, no recognised market or trading facility is intended to be put in place to facilitate the trading of Ordinary Shares post Cancellation (save for the Matched Bargain Facility described in paragraph 4 below, which will provide a limited mechanism to facilitate the trading of Ordinary Shares off-market), no price will be publicly quoted for the Ordinary Shares and the transfer of Ordinary Shares will be subject to the provisions of the Articles;
· the Ordinary Shares will remain freely transferable, it is likely that the liquidity and marketability of the Ordinary Shares will, in the future, be more constrained than at present and the value of such shares may be adversely affected as a consequence;
· in the absence of a formal market and quote, it may be more difficult for Shareholders to determine the market value of their investment in the Company at any given time;
· the Company will no longer be subject to the UK MAR regulating inside information and other matters;
· the Company will no longer be subject to the UKLR and, accordingly, Shareholders will no longer be afforded the protections given by the UKLR. In particular, the Company will not be bound to:
a. make any public announcements of material developments, or to announce interim or final results;
b. comply with any of the corporate governance practices applicable to Main Market companies;
c. announce substantial transactions and related party transactions; or
d. comply with the requirement to seek Shareholder approval for reverse takeovers and fundamental changes in the Company's business;
· the Company will no longer be required to publicly disclose any change in major shareholdings in the Company under the Disclosure Guidance and Transparency Rules;
· whilst the Company's CREST facility will remain in place immediately following the Cancellation, the Company's CREST facility may be cancelled in the future and, although the Ordinary Shares will remain transferable, they may cease to be transferable through CREST (in which case, Shareholders who hold Ordinary Shares in CREST will receive share certificates); and
· the Cancellation and subsequent Re-registration may have tax consequences for Shareholders. The Company is not able to provide Shareholders with any form of tax advice, and Shareholders are strongly advised to seek their own professional advice in order to ascertain the consequences for them of continuing to hold Ordinary Shares following the Cancellation becoming effective.