Member Info for Jarv55

https://twitter.com/sadaatumar/status/1318867556422324224

22 October 2020

Lansdowne Oil & Gas plc

("Lansdowne" or the "Company")

Exercise of Warrants

Lansdowne Oil & Gas plc (AIM: LOGP), the North Celtic Sea focused, oil and gas company, announces that it has received notice of the exercise of warrants over 4,166,167 new ordinary shares of 0.1 pence each in the Company ("New Ordinary Shares") at an exercise of 1.2 pence each raising £50,000 for the Company. The warrants were issued as part of the fundraising in February 2020.





Application will be made to the London Stock Exchange for the 4,166,167 New Ordinary Shares to be admitted to trading on AIM. It is expected that admission to trading ("Admission") will become effective and that dealings in the New Ordinary Shares will commence on AIM at 8.00 a.m. on or around 27 October 2020.



The New Ordinary Shares will be issued and credited as fully paid and will rank on Admission pari passu in all respects with each other and with the existing Ordinary Shares in the Company. The total issued share capital of the Company, as increased by the New Ordinary Shares, will be 804,717,838 Ordinary Shares.

Expru if they can make this work it will be worth millions and I wonder why they have taken shares in Vela when the EUA and Uk government is clearly helping them. Is it strategic? Maybe they will use Vela to list.

They have backing by the Uk government and these https://en.wikipedia.org/wiki/Mubadala_Investment_Company

As a result of coronavirus we have re-prioritised our current research programmes to focus on a potential new therapy, licensed from AstraZeneca, that may help patients recover from the potentially lethal ‘hyperinflammation’ stage of the COVID-19 infection. Recruitment has commenced for a clinical trial of 150 patients in the UK

The potential drug was originally being explored for renal transplant rejection but it is hypothesised that the same mechanism of reducing excessive inflammation by the immune system could equally apply to those with severe coronavirus infection.

Clinical observations have shown people with coronavirus can go through two stages of the disease. The first stage is an appropriate response of the immune system to fight the viral infection. In many people this is successful and patients start to feel better after a week. In some people however the immune system overreacts and they enter a second stage of the disease called ‘hyperinflammation’, where the body’s own immune system starts to damage vital organs such as the lungs. Our potential drug aims to use the body’s own mechanism of controlling excess inflammation by activating T regulatory cells. These T regulatory cells migrate to sites of inflammation such as the lungs, effectively dampening down the excess inflammation to reduce organ damage. We believe by working at the top level of the immune system with T regulatory cells, rather on one specific aspect of the interconnected immune system, there is a better chance of reducing this excess inflammation.

In addition to its immunomodulatory role, the potential drug has been shown to reduce blood glucose in patients with diabetes, in a clinical trial. Patients with both type I and type II diabetes are believed to be at higher risk of having more severe symptoms due to a number of biological factors, with blood glucose control being an important one. For instance, elevated blood glucose can increase glucose levels in airway secretions which could lead to increased viral replication in the lungs.

St George Street is delighted to announce they have recently received approval from the MHRA for the ARCADIA clinical trial. A vastly accelerated timescale driven by the urgency of the current pandemic. The initiation of this clinical trial forms part of an existing collaboration with AstraZeneca as part of its Open Innovation programme (www.openinnovation.astrazeneca.com). AstraZeneca will supply the drug substance and St George Street will lead the clinical trial, enrolling 150 patients in hospitals in the UK over a 3-month timeframe.

Going to be interesting to see what else they bring in here.

During the period a number of proposals for the resolution of the Company's obligation to repay £550,000 of bonds were put to the Board. I am pleased to say that on 31 July 2020 the Company announced a capital re-organisation, conversion of its Bonds, the disposal of certain of its assets and a fundraise of £1.0 million (before expenses). All these actions are explained in the announcement issued on 31 July 2020.

On 26 August 2020 we completed the proposals outlined on 31 July 2020, including the appointment of a new Executive Director, James Normand. James will bring to Vela his long experience of making and advising on corporate acquisitions and disposals, including most recently as chairman of All Active Asset Capital Limited; and I give him my warmest welcome. Sadly, as part of the reorganisation referred to above, Antony Laiker, my fellow director, decided to step down as Executive Director and to leave the board. I should like to express my gratitude to Antony for his work and dedication to Vela over the previous number of years.

Certain announcements, especially such as those published on 31 July 2020 and 26 August 2020, reflect a huge amount of work behind the scenes and to that extent I should like to thank Peterhouse Capital, Hewitsons, Allenby Capital, haysmacintyre and Bailey Wilson for their important contributions, especially during unsocial hours.

Your company is now debt free, well capitalised with a portfolio of six investments (details of which can be found on the Company's website - www.velatechplc.com) and cash on deposit, at 30 September 2020, of £1,628,000. The cash at 30 September 2020 includes proceeds of £925,480 generated as a result of the exercise of warrants during September. The Company has post period end invested £250,000 in Mode Global Holdings plc, a UK-based fintech group, as announced on 5 October 2020.

The Board is currently considering a number of investment opportunities in line with its existing investing policy and certain of these potential new investments are at an advanced stage of due diligence, documentation and/or completion. The Board anticipates a lively second half of the financial year and announcements will be made by the Company at the appropriate time.

Chairman's Statement



The period under review has been one of significant activity and within this chairman's statement I report on a number of developments covering investment activity, funding and group structure that have occurred in the last six-month period. I am pleased to report that Vela is now positioned on a stronger financial footing with an investment portfolio of six businesses and a strong pipeline of near-term investment opportunities.



Between 17 April 2020 and 27 April 2020 the Company disposed of the remainder of its holding of 1,100,000 ordinary shares in Rosslyn Data Technologies plc, generating cash proceeds of £42,503 for the Company.



During June 2020 North Peak Resources Limited, formerly Interbit Limited, completed its change of business to that of a mining operator with an emphasis on gold production. In July 2020 it announced the consolidation of its shares with the result that Vela's holding has become 310,000 common shares. This continues to represent approximately 1.75% of North Peak's issued share capital.

We continue to hold 71,429 shares, representing 1.42% of the ordinary share capital, in WeShop Limited, which raised £9,000,000 through the issue of a convertible loan note in August 2020. WeShop continues to develop its offering.

Clear the placing and its going back to 0.180

Ncyt, Eua and Tils both had warrants being exercised before their big rises this is cash on the balance sheet can only be a good thing.

Amazes me how the mms can take this down just before a jv rns is due.

Of course. DYOR. Key thing.
Boxerdogz
19 Oct '20 - 13:40 - 644 of 648
0 2 0
Quick Log in Offshore for me.

Read all of this . Really really Exciting times ahead, This below is by far the most Bullish RNS and Circular release I have seen from RMS . My vote below already in GLA DYOR

https://www.investegate.co.uk/remote-monitored-sys--rms-/rns/publication-of-circular-and-notice-of-gm/202010191235115021C/

Mr. Paul Ryan has given an irrevocable undertaking to the Company to vote in favour of all the Resolutions in respect of his own beneficial holding of 54,794,270 Ordinary Shares, representing 7.08 per cent. of the Existing Issued Share Capital.

Irrevocable undertakings have also been received from the following individuals to vote in favour of all the Resolutions:

Individual

Beneficial shareholding

% Existing Issued Share Capital

Nigel Burton

26,098,901

3.37

Steve Jones

74,000,000

9.56

Iain McLure

7,142,857

0.92

The Company has received irrevocable undertakings to vote in favour of all Resolutions to be proposed at the General Meeting, other than the Whitewash Resolution, representing a total of 361,673,618 Ordinary Shares, or 46.73 per cent. of the Existing Issued Share Capital. In respect of the Whitewash Resolution, on which only the Independent Shareholders are entitled to vote, the Company has received irrevocable undertakings representing a total of 162,036,028 Ordinary Shares, or 20.93 per cent. of the Existing Issued Share Capital entitled to vote on that Resolution.

The market cap here is laughable compared to other Covid plays how much revenue form masks, gowns etc?

If the face mask works expect contracts with the government nhs and companies like Honeywell will be looking at us.

Probably best to hold both Logp does seem to move faster though.

So cheap down here now they have confirmed the acquisition.

Great news well done all
19 October 2020

Remote Monitored Systems plc

("Remote Monitored Systems", "RMS", the "Company" or the "Group")

Update on Acquisition of Pharm 2 Farm

Publication of Circular and Notice of General Meeting

On 21 August 2020, the Company announced that it had signed a binding Share Purchase Agreement for the acquisition of 100% of the share capital of Pharm2Farm Limited ("P2F") (the "Acquisition"). Completion of the Acquisition is subject to regulatory and RMS shareholder approval. The Acquisition will be satisfied by the issue of 600,000,000 new ordinary shares of 0.01 pence each in the capital of the Company ("Consideration Shares"), equating to approximately £2,370,000 based on RMS's closing share price on 20 August 2020.

RMS is pleased to announce a shareholder circular (the "Circular") will be published today that contains information on the background to, and reasons for, the Acquisition and includes a notice convening a general meeting of the Company (the "General Meeting"). The General Meeting will be held at 10:30 a.m. on 4 November 2020 at GyroMetric Systems Limited, Unit 23, The Heathcoat Building, Nottingham Science and Technology Park, University Boulevard, Nottingham, NG7 2QJ. The Circular is expected to be posted to RMS Shareholders shortly.

Given the evolving situation regarding Covid-19 and the changing restrictions on social contact, public gatherings and non-essential travel, RMS Shareholders will not be permitted to attend the General Meeting in person, save for those RMS Shareholders permitted by the chairman of the meeting to attend to establish a quorum. Instead, shareholders should appoint the chairman of the meeting, rather than a third party, as their proxy by the relevant time. A copy of the Circular will be available for inspection on the Company's website at https://www.remotemonitoredsystems.com.

The Acquisition of P2F is expected to be completed on 5 November 2020, subject to satisfaction or (where applicable) waiver of the conditions, the outstanding condition being the passing of the resolutions at the General Meeting.

Unless otherwise indicated, all defined terms in this announcement shall have the same meaning as described in the Circular.

Once this breaks 0.78 1p should come quickly https://invst.ly/sie7u

Excellent presentation and one everyone should watch they are not giving away the farm
https://www.youtube.com/watch?v=g7nvORAcnJs&feature=youtu.be

https://twitter.com/confluencetradr/status/1317018136915435520