Member Info for Latino

Except for 1st trade…expecting requisitioning EGM soon to boot out BoD..PH?

All buys just checked…

Did did say more contracts coming in the last RNS…?

Hopefully it will now be confirmed, probably just making sure everything is closed and signed off properly…

Is the floor so if you can get a quote (big spread) under 0.5 then you’re lucky. Won’t be heat long.

With the swift sale confirmed and transaction costs complete, we should get confirmation of SH returns here…which may well be more than anticipated.

According to this article shareholders could get a lot more…£2m return 0.65p and if there is some £5m (assuming 1/2m transaction costs) then this could equate to 1.5p?

Purplebricks will retain up to a maximum of £5.5m of its cash reserves at deal completion and these net proceeds will be returned to Purplebricks shareholders following transaction costs.

The Purplebricks brand will delist from the Alternative Investment Market on 16 June and is set to change its name to Bricks Newco plc.

Helena Marston has also resigned from her role as chief executive and a director of the company following the vote.

Its share price hit a new low of 0.41p at the end of trading on Friday, down 99.6% from Purplebricks’ public listing price back in 2015 and a long way from its peak of almost 500p that was reached in 2017.

They said it was imminent a week ago, so it’s already late. Should get RNS at some point today confirming £2m..

Match made in heaven!

Obviously is good shares being issued at premium

At 10% premium to todays SP..

MMs flushing out at 0.4p, when PIs now should get at least 0.65 ps with sale:

Following the passing of resolutions at the GM, completion of the business and asset sale to Strike (further details of which were set out in the circular posted to shareholders on 17 May 2023 (the "Circular") will take place today. The net proceeds which are available for distribution to shareholders will be distributed in due course as further explained in the Circular.

At least as per RNS

Following the passing of resolutions at the GM, completion of the business and asset sale to Strike (further details of which were set out in the circular posted to shareholders on 17 May 2023 (the "Circular") will take place today. The net proceeds which are available for distribution to shareholders will be distributed in due course as further explained in the Circular.

What disaster lol…just asked for more info nothing wrong with that!

Plain rejection and no need to ponder…can see many enquiries coming this is just the first one and DAY 1!

Offer will get rejected outright swiftly..RNS incoming shortly!

Gla

The timing stinks..It’s designed to sabotage the Strike deal, they want this for themselves me thinks

Big games being played here, and the statement today is out of character but maybe tells you how desperate it is getting.

It’s clear Lecram want to buy and are interested but first they want to get shareholders on their side to block the Strike deal at GM on Fri….any thoughts?

Your talking us though 2m is some loose change…easy to make wild assumptions on chat boards to deramp lol…Stick to facts!

Another offer before Fri’s GM??