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This morning I updated you all on yesterday meeting in English version, the trustees will go ahead with the company but require more information and power when management makes any changes in future of the company, I believe an RNS will be announced by Wednesday once the brokers for the company put it in a proper context for the investors. If you read the finding of the meeting, it was very very positive.
For the summoning of the Assembly and the Voting Letter, see the report dated December 5, 2018, reference no: 2018-10-112114 ? In the event that the Trustee, in consultation with the Representation, the Legal Advisor and the experts (as defined in section 1.1.4 below) reach the conclusion that there is reason to conduct negotiations on an arrangement with the Company, the Representative will conduct negotiations with the Company and its representative. An outline and / or an arrangement which, if formulated, will be brought for the approval of the debenture holders Debt; In the event that the Trustee, in consultation with the Representative, the Legal Advisor and the experts (as defined in Section 1.1.4 below) reach the conclusion that there is no point in conducting negotiations on an arrangement with the Company, the representative shall form, together with the Trustee, Debt which Will be brought for the approval of a meeting of debenture holders; Recommend to the trustee the appointment of experts and consultants (such as an economist, accountant, etc.) ("the experts") who will assist the debenture holders and the trustee, and recommend that the trustee replace them from time to time. In addition, due to the fact that the Representation is a representative of the Trustee, its members are subject to all the obligations imposed on agents under the Agency Law, 5725-1965 and the Trust Law, 5739-1979, including obligations of trust and confidentiality. The powers of the mission shall not be impaired even if any of its members ceases to serve as a member thereof. 1.1.2. 1.1.3. 1.1.4. 1.1.5. 1.1.6. The decision in this Section 1.1 is subject to the indemnification and financing obligation in Appendix A to the Voting Letter, and in this regard, the contents of Appendix A to the Voting Deed will be deemed to be an integral part of the aforementioned resolution. The following are the results of the vote, including all the votes cast: 66,772,450 par. Bonds A, which constitute 100% of all the votes of the shareholders who participated in the meeting, 40,710,714 par value bonds, constituting 60.97% of the votes participating in the vote, voted in favor of the resolution. 26,061,736 par value Bonds A, representing 39.03% of the votes cast, voted against the resolution, with no votes abstaining. Therefore, the decision was made. In accordance with the clarification of the decision in Section 1.2 of the Voting Deed, and Whereas the decision in Section 1.1 above was adopted, the votes in the framework of a resolution in Section 1.2 of the Voting Paper were not examined. ???? From the examination of the Trustee, in accordance with the particulars in Appendix B attached to the Voting Deed and on the basis of the declarations held in the voting papers submitted to it, it emerges that among the participants in the vote no opposing parties were found. Reznik Paz Nevo Trusts Ltd The report was signed by Yossi Reznik CPA, CPA The meeti
December 9, 2018 In honor of the holders of the Debentures (Series A) of Matomi Media Group Ltd. Gan, Re: Report on the results of a voting meeting of holders of debentures (Series A) issued by Matomi Media Group Ltd. (the "Company") Reznik Paz Nevo Trusts Ltd. The trustee for the Series A Bonds issued by the Company ("the Trustee") hereby announces the results of a meeting of the holders of the Company's Series A Bonds held on December 9, 2018 without actual convening "The Meeting"). The votes on the issues on the agenda of the meeting were made by means of the voting slip (hereinafter: the "Voting Letter") 1 or by means of the electronic voting system and all as prescribed in the summons to the meeting. A legal quorum was present at the meeting and the holders of the Series A debentures held a total of 66,772,450 par value. Series A bonds, constituting 66.11% of the balance of the outstanding Series A debentures (ie 101,000,000 par value). 1. The issues raised for voting in the framework of the meeting and the results of the vote: 1.1 The appointment of a representative on behalf of the debenture holders Election of the identity of the member of the representative office and the definition of its powers [the majority required for the purpose of adopting this resolution is a simple majority of the total number of votes participating in the vote, except for those who abstain] to appoint representatives to the holders of the debentures And as an integral part of this decision to approve that Performance Capital Markets (1992) Ltd., through Mr. Edward Keller (in accordance with her proposal, including the proposed fee on her behalf which was attached as Appendix C to the Voting Letter), will serve as a single representative company: To assist the Trustee and the debenture holders, and to act as their proxy: a. In examining the possibility of formulating a proposal for an arrangement with the Company (the "Arrangement"); B. An examination of the Company's financial position and its ability to comply with the terms of the arrangement Which will be offered, including a replacement option; third. In examining the remedies available to the debenture holders, to the extent that the arrangement alternative is not possible; 1.1.1. 1 For the summoning of the Assembly and the Voting Letter, see the report dated December 5, 2018, reference no: 2018-10-112114 ? In the event that the Trustee, in consultation with the Representation, the Legal Advisor and the experts (as defined in section 1.1.4 below) reach the conclusion that there is reason to conduct negotiations on an arrangement with the Company, the Representative will conduct negotiations with the Company and its representative. An outline and / or an arrangement which, if formulated, will be brought for the approval of the debenture holders Debt; In the event that the Trustee, in consultation with the Representative, the Legal Advisor
Just looked at the 15 pages in Hebrew of an RNS that was translated to me in English. Can’t believe it wasn’t done in both languages, but at least it an excellent news. Now the issue is the mms, I think there thought it was a 50/50 and it’s been given a Green light. Shandy dandy’s
There a big big delay of BUYS, I purchased over 250,000 shares this morning and not showing , been advised that over 2 million are on delay we need people to sell as well, let’s move to 20p later once these come across
Today myself due to my brokers as a good buy, ending up the day with 46500 shares are still not showing, as I said before my only shares weren’t the only one not shown, this maybe be a reason price have gone at every sell opportunities, I feel the shares are very limited and today the market loved it, yes see the 55p first close of this week , I hope , and than back to the pound where it should be near to August/ September
Purchased 25000 shares of these earlier and not showing, I would say it’s a rerate and if you look at L2 there many large shares purchased that shown as sold but in the end the numbers are corrected,
As from my understanding, free float seems to be around 60% available for trading, every little buying or selling can tickle this share.
Whether he purchases 2k but he holds 20% of the company's shares, that's important. Still, good to be in than out as I see this at least x3 over the next few weeks.
I see a buy coming as 1 . Also see several buys coming after and see the price come down also, don't understand if the mms are scaring investors off from buying or making them sell. I thought yesterday RNS was good and the additional funds raise few weeks ago.
Cambria Africa PLC Interim Results Source: UK Regulatory (RNS & others) TIDMCMB RNS Number : 2269C Cambria Africa PLC 11 April 2017 Cambria Africa Plc ("Cambria", the "Company" or the "Group") Interim Results Cambria Africa PLC (AIM:CMB) ("Cambria" or the "Company") is pleased to announce its six months results for the period ended 28 February 2017 ("the Period"). A copy of this announcement is available on the Company's website (www.cambriaafrica.com). -- EBITDA up $510,000 -- Largest Subsidiary PAT up 126% Results Highlights for the Period: 6 Months ended 28 February 2017 (US$'000) 2017 2016 Change - Consolidated EBITDA 545 35 1457% - Consolidated EBITDA - excluding legal expenses 947 488 94% - Operating cashflow excluding litigation windfall 550 66 733% - Central costs - excluding legal expenses 118 134 (12%) - Payserv - Profit after Tax (PAT) 807 357 126% - Payserv - EBITDA 1,203 775 55% - Millchem - EBITDA (138) (153) 10% - Group Profit/(loss) (43) (596) 93% - Group Profit/(loss) - excluding legal costs 359 (143) 351% For the Period, compared to the same period in 2016, -- Consolidated EBITDA increased approximately fifteen-fold to $545,000 from $35,000. -- Excluding legal costs, consolidated EBITDA increased 94% to $947,000 from $488,000. -- Excluding the $3.4 million settlement received from Lonrho in 2016, cash flow from operations increased by over sevenfold (733%) to $550,000 from $66,000. -- Central costs were reduced by a further 11% to $520,000 from $587,000 and by 70% from $1.72 million for the same period in 2015. -- Central costs, excluding legal expenses of $402,000 (2016: $453,000), decreased by 12% to $118,000 from $134,000. Central costs excluding legal expenses are down 90% from $1.23 million for the same period in 2015. -- Cambria more than halved consolidated borrowings to $3.5 million from $7.8 million. -- Payserv Africa, Cambria's largest subsidiary by revenue and profit, more than doubled profit after tax ("PAT") by 126% to $807,000 from $357,000. Revenues increased 23% to $3.17 million from $2.58 million. -- Payserv Africa's Consolidated EBITDA increased 55% to $1.2 million from $775,000. -- Millchem pared its EBITDA loss by 10% to $138,000 from $152,000. -- Excluding legal expenses of $402,000 (2016: $453,000), Cambria increased its consolidated profit by $502,000 to a profit of $359,000 from a loss of $143,000. -- Including legal expenses, Cambria nearly achieved breakeven, erasing its consolidated loss by 93% to $43,000 from a loss of $59
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Let people know on other boards, small mid cap company with very few shares about to move north even with a small amount of trading, SPREAD the WORD
But a good way forward, market will like it
See them going down
Very good
What the other one of the radar
People deramping on here as there very few shares , like it to go slow upward without the radar opening up to quickly
A little profit , turnover exceed last report and a possible a contract . Nice little company with the working board and staff