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IF AccuStem split cut off is today, it’s immaterial for holders wanting AccuStem shares, as TILs need to be held until 30/10 or 2/11 (this one’s the next unclear date).
Hopefully an RNS in the morning will clarify.
GLA
Okey dokey’s . Hopefully you’ll be just as gleeful if you and your broker have got the wrong end of the stick. Best of luck either way.
So, are we finished ref AccuStem split and can move on tomorrow to the bigger TILS picture?
And when do the Yanks have to sort their lives out by, ref AccuStem?
*Gin
Ref drinks - Heineken and Amstel on tap here, so took the liberty of a cheeky Heineken. Will try to find a better suited establishment tomorrow for Stella / Becks. Pink Gun shouldn’t be a problem, but might have to add ice to suit my palate (apologies BMO3 if this offends).
WHEN THIS PAYS OFF, be great to raise a glass to all
Would be my pleasure. Anyone else?
Looks like could be a boozy one tomorrow.
BTW, is that it for AccuStem or (genuinely) will we have a repeat performance tomorrow?
LedsachJack, just the one :-)
Is that when the AccuStem split will be decided?Asking for a friend :-)
Confusion reins over the inexperienced investors (ie those that appreciate simple instructions). Heh ho, looks like the pub for me tomorrow afternoon.
Not good for the blood pressure all this.
GLA
Does this mean we can still buy tomorrow and get AccuStem shares?
Well, that’s the last of my top up pre split for me. Far greater holding than I expected but think move to main market and updates post 2/11 will drive price up and reward all LTHs.
BMO3, my heart bleeds for Charlotte and you. You’re both so brave. Sending my very best wishes
GLA
Totally agree ref BMO3. It’s fascinating to be part of this (even in such a small way). Can’t help thinking we’re in for lots of news flow post split
I don’t understand why people are taking the risk with the cut off dates !!! Better to be safe than sorry for me
No change to previous RNS:
RNS Number : 9646A
Tiziana Life Sciences PLC
02 October 2020
THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 596/2014.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
Tiziana Life Sciences Plc (the "Company")
Result of General Meeting
At the General Meeting of the Company held at 11.00 a.m. on 2 October 2020, both of the resolutions were duly passed.
The anticipated timetable for the demerger of Accustem Sciences Limited (to be re-registered as Accustem Sciences Plc) is as follows:
14 October 2020 - Court Hearing for Directions
27 October 2020 - Final Court Hearing to approve Reduction of Capital
29 October 2020 -Reduction of Capital becomes effective
7:00 a.m. on 30 October 2020 - Demerger Record Time
30 October 2020 - Completion of Demerger
2 November 2020 - Ex-entitlement date for Accustem Shares
The Company confirms that it has now received clearance from HMRC under section 138(1) of the Taxation of Chargeable Gains Act 1992 that HMRC is satisfied that the Demerger is being effected for bona fide commercial reasons and does not form part of a scheme or arrangements of which the main purpose, or one of the main purposes, is avoidance of a liability to capital gains tax or corporation tax. Accordingly, Shareholders should not be treated, by virtue of the receipt of Accustem Shares under the Demerger, as making a disposal of their Tiziana Shares for the purposes of taxation of chargeable gains.
Capitalised terms used in this announcement have the meanings given to them in the circular to shareholders dated 16 September 2020.
The results of the poll, including the proxy voting, will be available shortly on the Company's website at https://www.tizianalifesciences.com/
The person who arranged for the release of this announcement was Gabriele Cerrone, Chairman.
Raaydaar
My thoughts entirely. I’m confused how the shorts can be settled ref AccuStem shares. Might mean we’re in for another interesting afternoon (unless settlement can extend until tomorrow somehow).
Not long now til we find out.
Oops, and Y-A and structlyinc
Right, off for shut eye pre fun tomorrow
Well, the day of ‘initial’ reckoning is almost upon us. The share split date that we anticipated.
Before the madness and predictions begin, I’d like to thank so many of you for your posts over the last few months, especially (but not limited to, so apologies if I’m not naming you ) RokerPark, SharizKhan, BMo3, Whimax, Daveycr, JHenry, JAdam, LJack
This is just the beginning .....
As always GLA x
Just read stocktwits -brilliant.
Let’s see what happens after 4:30. Will shorts keep feeling relaxed? So little volume, so much to return to price when they do. GLA
TP,
So do I, at least one RNS (Brazil, main market listing ........)
GLA
* I think that