Member Info for Jambon

Absolutely speechless that pascha has come back after that embarrassment last night....

I still remember when pascha came posting after the share price had risen from 5p into the 20s demanding to know what had changed lol!!

To be honest glen has asked some really weird stuff In the past, at one point he asked when google would complete their deal with koovs? If you are going ti invest at least do some homework? Iv not seen one positive post from glen who so say has 30k in here.... Or 27500...

There are always conditions on contracts, there was on the first round of funding and there is on this round

I dont know what people are missing, you have to be pretty damn thick (or have an agenda) to not see the agreement is signed.....

27 September 2018

Koovs plc

("Koovs" or the "Company")

Future Lifestyle Fashions Limited signs subscription agreement to invest additional funds between £9.5m to £10.5m

The Subscription

Further to the Company's announcements on 4 July 2018 and 19 July 2018, Koovs plc (AIM: KOOV) is pleased to announce that it has signed a subscription agreement with strategic partner Future Lifestyle Fashions Limited ("FLFL"), part of Future Group - India's largest retail group, for FLFL to take its current shareholding in Koovs from 16.25% up to a maximum of 29.99%.

Under existing shareholder authority and subject to the satisfaction of certain conditions, including the approval of Reserve Bank of India ("RBI"), FLFL have signed a subscription agreement to subscribe for between 63,300,000 and 69,850,000 new ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at a price of 15p per share, raising between £9.5m and £10.5m of cash (the "Subscription"). Once completed FLFL will own between 28.89% and 29.99% of the Company's enlarged issued share capital.

The strategic partnership with FLFL represents a transformational deal for the Company and is expected to deliver synergies across the value chain from manufacturing and distribution to market reach, marketing and customer engagement.

Lord Alli, Chairman of Koovs, said: "This additional investment and commitment from FLFL underlines the tremendous opportunity to leverage our strategic partnership and ensure that Koovs is the aspirational first choice online western fashion destination for India's twenty-somethings. The partnership will significantly benefit our customers, partners and all shareholders."

What delay glen?

Im not so sure it will come by the 6th of jan, the rns stated they would subscribe for the further tranche within 6 months, they have actually signed the subscription agreement back in sept so they actually subscribed within 3 months, im assuming they can take the shares at a later date than 6th jan.... I certainly wont be panicking if we dont have an rns this week regarding the matter.... Although it would be nice.

Its probably time you dissapear pascha and come back under a new name lol!! Your knowledge of anything to do with koovs/Waheed Ali/flf has been ripped to pieces, you even had no idea the flf 15p subscription had been signed lol!! And you think Waheed is a billionaire lol thats just mental!

I think the nutter from advfn is trying to infiltrate the lse but has finally lost the plot on here also.... Get bacl to advfn posting to yourself all day every day...... Nutter

This has got very strange tonight.... Phenomenal lies have been posted!!

Lol pascha can you please let us know whos worth a billion?

Anyone with half a bloody brain cell knows the perfect time to have taken koovs out cheap was when they were 5p in the early part of the year, since then various investors have got involved between 10 and 15p and the ceo taking 12 million share options as a wage at 17p and this fool thinks flf are going to buy the business out at some crazy low price.... Its just mental!

Waheed ali will not sell himself out when he has an average of 40 to 50p...... The cheapest take over would be 25p and ali would have to be a part of the buy out for him to make money at a later date, if there is a buy out where flf buy everyones shares just do the maths on what ali would sell at!! He will not sell out at a loss.

Where did the fca get into all this??

It got into it when pascha was talking absolute rubbish about biyani taking koovs share holders out at some rediculous low price, then saying aim markets are easily silenced by blocking emails, both of which would be market abuse, where do you report market abuse? Theeee fca!

Loc you are like a drug.... You keep pulling us out of twitter... Haha!

Looks like pascha has cracked Waheed ali's plan, ali is waiting for the share price to get low enough so that he can sell out to biyani at as big of a loss as possible lol!!! bearing in mind ali has an average of 40p....

Id bet pascha has been absolutely burnt by koovs in th past and is so fearful others will make a killing where he has been burnt he cant stop posting desperate lies!!

And to say the fca would block emails is just absolutely insane!! Thats some seriously desperate lies right there!

Mind you pascha also claims to be a holder of koovs shares...... Get back on advfn pascha under your other usernames..... Nutter

Nothing was late in 2018, the sept and dec updates in 2018 were the same dates as previous years, january and april were missing as the business was searching for investors as i stated, you have stated on many occasions that they delayed the 2017 6 month update which is just complete lies as its been in december every year apart from 2014.

Why you keep saying they are late is just crazy

Here are all the dates for koovs past updates, this is to give a bit of perspective with regards to the posts about koovs delaying updates etc, some years there are more updates than other thats just the way it is, one thing worth noting is that koovs actually updated the market LESS while the business was in RAPID GROWTH MODE in the early years, the last 3 of the 6 month updates have always been in december although they call it interim results on most of them them they do call in a 6 month update on another but they are all a 6 month updates and always in dec (except in 2014 it was nov) , im sure someone was trying to say that they have delayed it in the past which is just lies.

2014
March - admission to trading
July - preliminary results
Nov - interim results

2015
April - trading statement
September - preliminary results
December - interim results

2016
January - trading update
April - trading update
July - preliminary results
Sept - trading update
Dec - interim results

2017
Jan - trading update
April - trading update
Sept - final preliminary results
Dec - half year report

2018
March - strategic acceleration plan
Sept - preliminary results
Dec - interim results

2018 is obviously the odd year out as the business was searching for funding but ended up with best possible partner in flf.

They have signed the subscription agreement for 15p, there are no negotiations on the price and never has there been an option to. whether its india or not they follow the uk stock market rules for market abuse etc.

I do womder how much pressure is being put on the bod by the investors that put up 10 million quid at 15p as part of the placing.... They are a fair old way down on their investment to be fair and im sure Waheed knows first hand they are not happy about it!!

Putney why would they be preparing it for tomorrow?? The earliest date of a january trading update was on the 11th of jan... It could come anyday....

The comment about a trading update coming tomorrow morning is very similar to the comments on advfn every day.

The last thing i heard you and your large holder friends were arranging a meeting with the bod of koovs lol....

I suppose maybe it worth mentioning that flf agreed this deal when koovs had a share price of 5p and an mcap of around 9 million..... I have have a feeling flf see this a little different to plss pot investors.

Under existing shareholder authority and subject to the satisfaction of certain conditions, including the approval of Reserve Bank of India ("RBI"), FLFL have signed a subscription agreement to subscribe for between 63,300,000 and 69,850,000 new ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at a price of 15p per share, raising between £9.5m and £10.5m of cash (the "Subscription"). Once completed FLFL will own between 28.89% and 29.99% of the Company's enlarged issued share capital.

Pascha can you please clarify where you read flf have the right to renegotiate?

What you have posted is a complete lie and will not happen, it would undermine the whole flf deal and actually be classed as market abuse as flf have already signed on the dotted line for 15p and the market have been notified via rns.... If they now bought lower it would be fraudulent behaviour.