Member Info for HOLDIT

Are there any undisclosed agreements involving City Oil Field, M2G, SMCC, Haydale, Quidos or parties connected with Richard Parris? family companies and why is the proposed structure preferable to a direct investment into Sabien by independent third parties?

Nick Pritchard appears repeatedly around Sabien, Diversity, Haydale, SMCC, Quidos and related funding structures.

Diversity owned 26% of Sabien shares but exited at a loss in Jan 2026 but now appear interested again. This time as Haydale.

What has fundamentally changed since the previous investment that now makes this transaction attractive, and how are the interests of all shareholders being protected?

He still owns 26% of the business. What is happening to City Oil?

The buyer is not going to discourage Paris from doing this if they get the M2G side of the business for buttons. The whole thing stinks.

Paris goes, governance concerns reduce, M2G becomes the clear story, and the market starts valuing Sabien on its operating business rather than uncertainty. We are undervalued here. He goes we rocket. However as I keep banging on Paris is trying to sell his shares cheap and move City Oil into the family business. NOMAD will not allow this. There would be breaches of regulations if he did.

If City Oil was dead it would need to be announced with an RNS

- well it’s not dead

So why would this rat release a bearish RNS when he is about to offload his 26% stake. We all know why Richard. You are treading on very thin ice here. Don’t make it crack. The water is very murky beneath? Especially at your age

You’ll get a carefully NOMAD worded reply

Paris’s only interest is selling his shares. Not me or you.

Like I’ve said before, I suspect he is prepared to sell them

for a song if he is allowed to move city oil over to his family

companies. If the NOMAD foolishly allows this

we corner these rats and get them jail time. Some would

say there is evidence to suggest this has been negotiated at the same time as releasing bullish news on City Oil. A total breach.

The good news is these rats who have taken the share price from nearly 50p down to 4p and had a good drink on us are on their way out. M2G has a value. It belongs to the company we are invested in and the new buyer sees its massive potential.

Despite the uncertainty we are cheap down here.

I urge shareholders to ask this question to the Sabien Board and NOMAD. This is a serious governance concern.

I am concerned that shareholders may not receive the full benefit of the value created through Sabien’s work on City Oil Field and I would like the board to explain how shareholder interests are being protected.

The Board should understand that shareholders are watching every move. Any transaction that appears to favour insiders, related parties or connected interests over ordinary investors will face intense scrutiny. The NOMAD, regulators and us as shareholders all have a role to play in ensuring proper governance. The board has no interest in the shareholders. If they think they can sell the shares cheap and move city oil into his companies, and all getting a little slice while the buyer turns a blind eye buy getting a steal they are mistaken. Watching like a hawk. On a positive swap a couple of days a month working on M2g to every day, we have a rally.

My concern is he gives his shares away cheaply so the buyers turn a blind eye to him poaching City Oil. This would be a serious breach. All eyes on the next RNS.

I have too and have also spoke to them and had reassurance that they are acting professionally and in the interests of the exchange. Allenby are a reputable company. You can mail Info@allenbycapital.com and your mail will be directed to the correct person. In a nutshell there appears to be a buyer for RP and the other rats shares. I suspect Paris wants to take City Oil into his own family business. The NOMAD is involved and discussions are ongoing. As I have said before, we are in a position that as soon as Paris sells his shares our shares are worth more. He is no doubt trying to bleed every last drop out of it. Like I have said - he is on very thin ice. Lets hope we get this done and dusted asap and see better times ahead with a new bod.

Rats Paris, McGregor-Smith, Goodfellow and Sutcliffe hold approx 30%. To get half this new mob will need another 5 million shares. They are not going to get them down here. They have shaken out perhaps 1.5m. So another 3.5m needed. So my advise is do not get shaken out. Remember, the welshman was paying well into the 20's last time around. He was in it for the M2G and SAP approval. Anyone bailing down here is playing into their hands.

Shareholders need urgent clarification regarding the relationship between City Oil, connected private interests and the listed company structure.

Based on information I have reviewed and have received, I have serious concerns about whether shareholder-funded development and market promotion may have overlapped with connected private or family interests linked to the wider City Oil opportunity.

At the same time, bullish RNS statements have been released which contributed to investor confidence in the City Oil strategy within the listed vehicle.

If shareholder-funded opportunities are now being restructured, redirected or separated from the listed company, Paris and his cronies are on very very dodgy ground. The next RNS I suspect will be the sale of Paris's shares - very bullish. I suspect they are plotting City Oil interests to his own family companies aswell however, he will be bang to rights. Trust me.

Shareholders need to watch this board like hawks. The SP has not collapsed by accident — it has collapsed because investors backed a story around growth and City Oil, only to now receive vague, carefully-worded statements about “alternative options” and closed-door board deliberations while the share price is left in ruins. If city oil is dead it would have been announced. It is an RNS. It has not been announded, this rat is plotting to move it into family company and the NOMAD is on them - and rightly so. It is their duty.

Retail investors are entitled to ask whether management priorities are truly aligned with ordinary shareholders or whether discussions are taking place that primarily protect insiders while those who funded the journey are left carrying the losses. The continued lack of clarity around where City Oil ultimately sits, who benefits from it if it comes off, and how shareholder-funded progress remains tied to the listed vehicle is exactly why this stinks and Paris is a rat.

The NOMAD has a responsibility here. Their duty is to the integrity of the AIM market and proper governance standards — not to act as a shield for management while shareholders are left in the dark and plot. Investors should expect full transparency regarding any related-party involvement, restructuring discussions or strategic changes that could materially affect shareholder value. I urge shareholders to put pressure on the NOMAD. The longer we are left in the dark the more time this rat will plot.

In a nutshell, the sooner Richard Paris is fully out of the stock and influence over Sabien Technology Group plc, the better the chance the market has of rebuilding confidence. Right now the share price reflects distrust, uncertainty and fears around governance far more than underlying opportunity.

That said, if clarity finally arrives and the proposed strategic deal genuinely injects value, funding or commercial opportunity into the listed company, sentiment will reverse sharply from these distressed levels. AIM markets move heavily on confidence, and right now the market is pricing in distrust and uncertainty more than certainty of outcome. If shareholder interests are demonstrably protected (NOMAD) and the opportunity remains within the listed vehicle, current levels may ultimately prove to have been panic rather than fair value. This cannot be delisted. If Paris wants out he has to sell his shares and probably wants a lot more than they are currently worth. Ironically the minute he sells them they are worth far more. This speaks volumes.

I am surprised we have not had another update. My guess is the plotting rat is making sure everything benefits him and is water tight legally. Well I have at least 2 breaches in the locker if this goes against us. Breaches that can lead to jail time.

SWe need Paris shareless and then we recover. Let us not forget - M2G. in the right hands will generate revenue for Sabien and at below £1m MC this is incredible value.

I sense you are a deramper! You won’t get my shares down here.

Paris is still a rat

There is every chance the proposed commercial partnership could ultimately be positive for shareholders. The market is treating SNT as though it is already dead, despite the company still owning technology with genuine commercial potential in the right hands.

The real concern now is governance, conflicts and related-party arrangements surrounding City Oil / b.grn.

Shareholders funded years of development, placings, dilution and project advancement. Yet the public filings increasingly show value, funding structures and commercial arrangements flowing through Richard Parris-connected entities including Parris Group and Aretiico.

If Sabien ultimately steps away from COF/b.grn while connected private interests continue to benefit from structures built during Sabien’s involvement, serious questions must be answered.

This is not conspiracy theory — the RNS history itself references: related-party funding, royalties, mark-ups, secured factoring arrangements, family-controlled entities, and future contingent fee structures.

Minority shareholders deserve full transparency on:

every pound spent on COF/b.grn,

every related-party payment or accrued benefit,

all intercompany balances,

and exactly who owns what economic rights today.

Allenby Capital, as NOMAD, should also be asked what diligence was undertaken on pricing, fairness and minority-shareholder protection across these related-party transactions.

Shareholders should be demanding answers NOW. I urge all shareholders to do their own research and contact the NOMAD.

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Something along these lines just to start things off.

I am a shareholder in Sabien Technology Group Plc and request review of whether the company’s public disclosures concerning related-party transactions and associated financing arrangements were sufficiently complete, precise, and internally consistent for minority investors. My concern relates in particular to the 2023 amendment involving additional economic rights acquired from a Richard Parris family-controlled company and possible future fees to b.grn, the 2024 related-party funding terms involving a 20% stock mark-up and a 5% royalty via Aretiico, the 2025 invoice factoring facility at 2.5% per month secured by debenture, and the 2026 strategic review of b.grn, intercompany balances, and COF-related arrangements. I request review of whether the market was given a sufficiently cumulative and comprehensible picture of connected-party benefit, pricing, and dilution risk.

DO NOT LET THIS RAT RIP YOU OFF. IF CITY OIL PROGRESSES SHAREHOLDERS OF SNT SHOULD BENEFIT. NOT JUST THIS RAT AND HIS FAMILY.

Richard Parris needs to answer one simple question.

What happens to City Oil?

Shareholders funded years of strategy, announcements and development around COF, yet now Sabien talks about “rationalising” non-core activities while restructuring around M2G.

If COF or related opportunities end up outside the listed company after shareholder money helped get it this far, we are being ripped off.

It needs 75% approval to go private. It would not get approved.

I’m interested for Tom to shed some more light on the matter. As far as I’m concerned Richard Paris is a scumbag.

He’s ripping shareholders off. Absolute scum bag. Let’s hold him to account. Using Sabien shareholders money as a vessel to progress City Oil and no doubt filtering it into his family business.

I invested in Sabien Technology Group mainly because of the City Oil agreement.

Serious questions now need answering. If Richard Parris pursues this opportunity privately after shareholders funded the development story through the listed company, that would appear deeply underhand.

The latest RNS made no clear mention of how shareholders benefit going forward, and investors deserve full transparency on what rights Sabien still retains and who ultimately benefits if City Oil succeeds.

Watching closely.