Member Info for Ibyb

Following our communication on 2nd September 2024 regarding the Administration and Liquidation of the Company, we have received notification from the Liquidators that McColls Retail Group Plc (McColls) was fully Dissolved on 14th August 2025.

This means the Company no longer exists, therefore we have removed the McColls shares from your account

Any news on this dead duck?

Just got this corporate action

McColls Retail Group Plc (McColls) - In Administration

Important Information & Other Key Dates:

On 9th May 2022, McColls announced that it had appointed Mark James Tobias Banfield, Rachael Maria Wilkinson and Robert Nicholas Lewis of PriceWaterhouseCoopers LLP as Administrators of the Company.

McColls shares have been suspended from trading on the Main Market of the London Stock Exchange since 9th May 2022. You can't buy or sell McColls shares while they are suspended.

In June 2024, the Administrators stated that it was still uncertain if a Distribution would be made to shareholders. Any payment could take between 6 and 12 months to make and the rate is not known. Please note that there is no guarantee that a Distribution would occur to shareholders.

We'll let you know if we receive any further information from McColls or their Administrators.

It’s 7 days calm down. These things happen. It could have been worse.

It's GBP why are you so surprised. This is nothing new. Short attacks are very common here.

F1Driver, I said the same thing when it was at 18p and we were expecting placing news.

I had the opportunity to top up at 11.5p and I passed. I had to top up 20p+ after the placing news was announced.

The shares are now in very sticky hands, I doubt we'll see such a drop unless there is not so good news.

This share has taken me by a massive surprise, lured in by Ria's ramping back in August tied in with it's sharp incline, locked in at 10p only to see it drop to 4p, rocket up to 18p where I took some off the table looking for a re-entry sub 10p on placing announcement.

It's now my 3rd biggest holding and my most profitable share in over 18 months with the biggest news yet to be released.

Don't really give credit to notorious rampers but Ria Thank You. I desperately needed this win

Can't find any trace of the teleg r a m group. Can someone share the link or short URL?

I was really hoping for a sub 10p top up, I may have to suck it up and buy at the current premium

This share makes no sense, normally on placing shares drop in price, this goes up by 30%. I'll just have to wait to top up...

Most I can get a quote for is 500 shares @ 14p each through lloyds

The highly anticipated placing RNS.

I will be doing my top up today - Orcadian Energy PLC - £350,000 equity financing & Update of 33rd Round #ORCA @Orcadian_Energy https://www.voxmarkets.co.uk/rns/announcement/8b683108-9911-4274-8615-a8c2ac3f2f2a #voxmarkets undefined

@Sharebel, do you remember me? I’m serving humble pie all day come grab your slice.

I sincerely hope the comment about "Stop misinformation here it's quite pathetic" wasn't directed at myself.

As I clearly stated in my open discussion and as a shareholder I'm entitled to my opinion on public forum - "there is no fact" to my assumption that there will be a placing but I can only go off what is clearly written in the RNS "the Company will need to raise additional funds in the very short term, It is continuing to explore all options" dated on "13 Sep 2023 13:32" by Steve Brown the CEO himself.

I get you want to be defensive about the company we've all newly invested in but facts are facts. Whether it means placing or otherwise we do not know how they plan to raise funds. Seen as you seem to know all the facts, why don't you enlighten us?

If there is a placing RNS, I sincerely hope you eat this humble pie.

I remain a realist.

I will hold this surplus cash in my pocket until I see reason to believe there won't be a placing and top up my current 12p average hopefully below a 12p ask.

Well, there's no fact to this but it was anticipated that another placing was required as we've got a few months left of cash available.

The proposed Farm in update concluded with "As previously noted, working capital remains very constrained. Cash at today's date is c£90k, with a current monthly burn rate of less than £20k."

The amendment to facility agreement stated "The Company's current cash balance is £92k and the Company's current monthly burn rate is less than £20k; accordingly, the Company will need to raise additional funds in the very short term. It is continuing to explore all options."

There was some discussion that ORCA was going to exercise their additional loan agreement. I'm unsure which direction the company will take.

I have a few hundred pounds left to invest and I was hoping to top up here, I was kind of hoping that placing news would have been announced by now and below 10p which would have guaranteed me a lower average top up price.

I'm not so sure placing news will come as it would have been announced by now :s

Transfer of shares some as gifts

Just knowing how much of a death grip we have on the MMs nuts is giving me satisfaction to keep on holding.

MM's up the price to 40p a share and i'll consider selling some

Someone tell Orca to close her legs the spreads too wide!! 13.49. Could hit 18p today