Member Info for Jarv55

Interesting because now we will see who is holding and who might be short

Lb I said it yesterday can't understand people selling when the bid is rising order filling got to be newbies

Dmc they are taking the mick that is what they are doing imagine what an experienced managment with drive could do here look at the previous years revenues.

Call us on: +44 (0)20 3301 1200

Email us: marketing@bradyplc.com

time to email the company get the share register updated

And just maybe the large buys are the instis adding

And ladies

Alwayswinning these are professional equity managers who could eat the bod for breakfast do you think they are going to be scared? Lets see what happens in the next few weeks eh?

alwayswinning do you think the big share holders are going to allow a wipe out? come on they could buy this themselves and not even blink.

So they are a Us based firm by the looks of it
https://www.palico.com/funds/hanover-active-equity-fund-ii/4b0aaf1503394a3abdb14b93b8f0e5c0

Kestrel Partners LLP 22,553,180 27.1%
Coltrane Asset Management LP 14,895,395 17.9%
Hargreave Hale Ltd. 8,898,600 10.7%
Herald Investment Management Ltd. 7,728,026 9.27%
Joel Isaac Koschitzky 5,514,003 6.61%
Killik & Co. LLP 3,537,970 4.24%
Schroder & Co Bank AG (Private Banking) 3,266,186 3.92%
Octopus Investments Ltd. 2,506,000 3.01%
Livingbridge VC LLP 2,258,000 2.71%
Gresham House Asset Management Ltd. 1,700,601 2.04%

I would expect them to update their share register because this ins't right https://www.marketscreener.com/BRADY-PLC-4004734/company/

You can see why they want it
Brady PLC is the largest independent provider of trading, risk and supply chain management software to the global commodity and energy markets.



Each year, businesses around the world depend on Brady systems to transact trillions of USD worth of trades. With 30 years of expertise in multi commodity markets and more than 10,000 users at over 200 companies worldwide, our software solutions are relied upon to deliver mission critical business transactions across global operations.?

always winning the vote has to be over 50% to agree

Brady plc (BRY.L), a leading global provider of trading, risk management and settlement solutions to the energy and commodities sectors, announces that, over the course of the first half of 2019, Brady has had positive engagements with existing customers, and the recurring revenue is in line with expectations. However, the pipeline of revenue from new customers forecasted will not materialise during fiscal 2019, although new business bookings are anticipated in the second half. As such, the Board has concluded that full year revenue will be circa £19m, and this will have a consequent impact on EBITDA performance.

The turnaround of the business since the appointment of Carmen Carey as CEO has continued to build momentum focused on customer engagements, delivering major contracts and maturing the new business pipeline. In addition, the strategic product review has concluded, informing the going forward business strategy to align, optimise and advance the product portfolio and conclude the transformation work underway when Carey joined.

It would of gone to 10p just on the 1.5mill fund raise.

They could easily raise 1.5 mill on 19mill revenues and increasing customers coming in looks they just want to take it on the cheap to me.

o The Boards of Hanover Bidco and Brady are pleased to announce that they have reached agreement on the terms of a recommended cash offer to be made by Hanover Bidco for the entire issued and to be issued share capital of Brady. Hanover Bidco is an investment vehicle ultimately wholly owned by Hanover Active Equity Fund II, S.C.A. SICAV-RAIF.

o Under the terms of the Offer, each Brady Shareholder will be entitled to receive 10 pence in cash per Brady Share.

o Hanover Bidco's Offer is final and the Consideration will not be increased except that Hanover Bidco reserves the right to increase the amount of the Offer if there is an announcement on or after the date hereof of an offer or a possible offer for Brady by a third party offeror or potential offeror.

o The Offer values the issued share capital of Brady at approximately £8.3 million.

o The Offer represents a premium of 50.8 per cent. over the closing middle market price of 6.63 pence per Brady Share on 11 October 2019, being the Business Day immediately prior to the date of this announcement, and 31.1 per cent. over the closing middle market price of 7.63 pence per Brady Share on 3 October 2019, being the Business Day on which Hanover Bidco made the approach to the Brady Directors regarding the Offer.

o The Offer is conditional upon, amongst other things, Hanover Bidco receiving valid acceptances (which have not been withdrawn) in respect of and / or having otherwise acquired or agreed to acquire Brady Shares which constitute more than 50 per cent. of the voting rights attached to the Brady Shares.

o The Offer is subject to the other Conditions and certain further terms set out in Appendix I to this announcement, including that no member of the wider Brady Group becomes insolvent or undergoes any analogous procedure in any jurisdiction and to the further terms and conditions contained in the Offer Document, when issued. Immediately upon the Offer becoming unconditional as to acceptances, subject to Hanover Bidco not having invoked or sought to invoke any Condition prior to that time, Hanover Bidco shall declare the Offer wholly unconditional.

o In Brady's announcement of 26 September 2019, Brady confirmed that it was advancing funding initiatives to provide Brady with access to approximately GBP1.5 million to meet the working capital requirements of the Brady Group, prior to 30 November 2019 to support existing operations. The Company continues to review the position and, whilst the requirement for GBP 1.5 million prior to 30 November 2019 remains the case, Brady has a specific cash payment due on 15 November 2019. The Company is in discussions and would expect to be able to manage this situation until 30 November 2019. However, there can be no guarantee that this will be the case. The Company confirms that, whilst negotiations in respect of funding options have been advanced and are on-going, the Company has not, at this time, secured unconditional funding.

These were 56p in August was hammered down on an insti selling they are just trying to get it cheap.

https://invst.ly/kffyd

Elmwood never feel miffed banking profits on the way up just remember cash will be needed at some point.