Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
looking well timed for tomorrow!!
Big buys going on in the background, could be some big news about to drop!!!
maybe a deal has been done to take most of these shares of the fund? hence why he didnt take up is options?
just gone through
I actually had an interview with him for unilad, they said no!!
I work in the media industry and they have filled roles already, Head of sales from Unilad has just started as head of strategic partnerships, just seen on linkedin.
They're not hanging around! They will already have contacts at brands and already would have had conversations with brands.
A strong strategic partnership could be in the pipeline.
they can also repay the notes in cash rather than issuing the shares.
So lots of options to find a way out
so they can refuse the next tranche, so we are not guaranteed more shares at this point
this is from the prospectus
The drawdown and issue of the Initial Tranche and the Second
Tranche (totalling £1,635,000 in aggregate) are mandatory, but the
drawdown of the remaining Tranches, and the issue of the related
Notes, is not mandatory.