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The Company is pleased to confirm that all resolutions were passed at the AGM and EGM held on 2nd April.
Capital Reorganisation
Accordingly, further to its circular on 12 March 2020, the Company can now move forward with the Capital
Reorganisation. The Company’s existing issued share capital of 1,244,488,200 (“Existing Ordinary Shares”) has
been consolidated on the basis of 100 Existing Ordinary Shares into one Consolidated Share, and in turn, each
Consolidated Share has been sub-divided into one New Ordinary Share of 0.1 pence and one Deferred Share of 9.9
pence. The Capital Reorganisation will be undertaken forthwith and the New Ordinary Shares will be admitted to
trading on AQSE as soon as a Corporate Adviser is appointed.
Change of Name
Following the vote to change the company name to Upper Thames Holdings Plc this will be implemented as soon
as possible. It is likely to take around ten days for the filings to be completed.
Total Voting Rights
Following reorganisation, the Company’s issued voting share capital will comprise 12,444,882 New Ordinary
Shares. The Company does not hold any shares in treasury. Shareholders should note that the percentage of shares
which they hold has not changed. This figure of 12,444,882 New Ordinary Shares may be used by the Company's
shareholders as the denominator for the calculations by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and
Transparency Rules.
Richard Poulden Alan Gravett
Chairman Director
For further info
The Company is pleased to confirm that all resolutions were passed at the AGM and EGM held on 2nd April.
Capital Reorganisation
Accordingly, further to its circular on 12 March 2020, the Company can now move forward with the Capital
Reorganisation. The Company’s existing issued share capital of 1,244,488,200 (“Existing Ordinary Shares”) has
been consolidated on the basis of 100 Existing Ordinary Shares into one Consolidated Share, and in turn, each
Consolidated Share has been sub-divided into one New Ordinary Share of 0.1 pence and one Deferred Share of 9.9
pence. The Capital Reorganisation will be undertaken forthwith and the New Ordinary Shares will be admitted to
trading on AQSE as soon as a Corporate Adviser is appointed.
Change of Name
Following the vote to change the company name to Upper Thames Holdings Plc this will be implemented as soon
as possible. It is likely to take around ten days for the filings to be completed.
Total Voting Rights
Following reorganisation, the Company’s issued voting share capital will comprise 12,444,882 New Ordinary
Shares. The Company does not hold any shares in treasury. Shareholders should note that the percentage of shares
which they hold has not changed. This figure of 12,444,882 New Ordinary Shares may be used by the Company's
shareholders as the denominator for the calculations by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and
Transparency Rules.
Richard Poulden Alan Gravett
Chairman Director
For further info
https://citinewsroom.com/2020/04/parliament-passes-corporate-insolvency-bill/amp
https://pcge.com/10-news/160-interim-results-26-february-2020.html
Parliament finally debating the Insolvency bill.
Live on https://www.parliament.gh
I very much doubt it will IMHO. What do they have to offer now? Communication since delisting has been non existent, it would be a miracle if they did resurrect.
Would welcome an update. PCGE website now without menu/ contact information, I get the feeling it's over, any comments?
Thank you for your emails and continuous support. Unfortunately, and as you may be aware, MySQUAR had announced on 9 November 2018, 1 March 2019 and 14 May 2019 that it has been in financial distress with a critically low cash position.
Since January of this year, the Company has been involved in negotiations with a potential purchaser of the Company’s operating subsidiaries. During these negotiations, the potential purchaser had provided working capital to maintain the operations of the subsidiaries, albeit at a minimal level. It is with deep regret that the Company has been informed that the purchaser does not now intend to complete the acquisition and has ceased to provide financial support.
As a consequence, the Company has ceased all trading activities and its subsidiaries are being wound down.
The Directors continue to explore all legal options for the recovery of funds they believe have been misappropriated.
This email address will be in effect until 30 September 2019. Thereafter, If you should have further queries, please contact the Company at mysquarltd@gmail.com.
Best regards,
MySQUAR Investor Relations
Email: ir@mysquar.com
www.mysquar.com
Anyone considering making a negligible value claim on their losses I believe you may be able to claim your income tax back on the gross value of investment.
https://www.gov.uk/government/publications/negligible-value-claims-and-income-tax-losses-on-disposals-of-shares-you-have-subscribed-for-in-qualifying-trading-companies-hs286-self-assessment-he
Defined should read defunked.
I requested a share certificate from II they responded explaining that Mysquare are now classified as defined so unable to provide a certificate. They suggested either to gift the stock or transfer them to another broker.??
I googled NEX brokers and II are on the list but only trade by phone instruction. I will email some of the others to ask. Thank you.
I thought I could trade online with II but they only allow via telephone at additional charge of ÂŁ49. Please can anyone recommend a broker that allows online trading on NEX. Thank you.
Well just less than 48Hrs now until the obvious is announced. I'd better start filling in the negligible value claim with HMRC, hopefully I can get back the income tax on my investment at least.