Member Info for leslieby

What's the ask please?

So tomorrow EQT should open at 7.125.......or better!!!

Off to the EQT board....

Apologies if I'm missing this, but the new company has 153,350,494 New Ordinary Shares at what initial value? Do I simply take my original holding in REAC and divide them by a new nominal value to see my holding in EQT?

Sorry, should have added this........... Following approval at the EGM of the change of name to EQTEC PLC, dealings in the New Ordinary Shares under the new name are also expected to commence at 8.00 a.m. on 7 February 2017 and the Company's TIDM (ticker symbol) will also change from "REAC" to "EQT".

Accordingly, the New EBIOSS Shares (consisting of 78,210,000 New Ordinary Shares) will be issued to EBIOSS Energy pursuant to the terms of the Conversion Agreement and Admission and dealings in the New Ordinary Shares (following the Share Capital Reorganisation) and the New EBIOSS Shares is expected to commence at 8.00 a.m. on 7 February 2017. Following Admission, the Company will have 153,350,494 New Ordinary Shares in issue. The Company holds no shares in treasury. Shareholders should use the figure of 153,350,494 as the denominator for the calculations by which they will determine if they are required to notify their interest in or change to their interest in the Company, under the FCA's Disclosure and Transparency Rules.

APPENDIX 2: EXPECTED TIMETABLE OF PRINCIPAL EVENTS Posting of the Circular and Form of Proxy 10 January 2017 Latest time and date for receipt of Forms of Proxy 11:30 a.m. on 4 February 2017 Extraordinary General Meeting 11:30 a.m. on 6 February 2017 Announcement of the results of the Extraordinary General Meeting 6 February 2017 Share Capital Reorganisation Record Date 5:00 p.m. on 6 February 2017 Expected time and date for Admission and commencement in dealings in the New Ordinary Shares (following completion of the Share Capital Reorganisation), and the New EBIOSS Shares on AIM 8:00 a.m. on 7 February 2017 Expected date for crediting of the New Ordinary Shares (following completion of the Share Capital Reorganisation), and the New EBIOSS Shares, in uncertificated form to CREST accounts Expected date of dispatch of definitive share certificates for the New EBIOSS Shares on or before 21 February 2017

It will, however, be diluted by the issue of the New EBIOSS Shares pursuant to the Conversion Agreement..........would someone mind explaining the true effect of this statement please?

Shareholders are being asked to vote on the Resolutions at the EGM to, inter alia, approve the Whitewash Resolution (which is to be voted upon only by Independent Shareholders), which is a condition of the Settlement Deed and the Conversion Agreement and therefore the issue of the New EBIOSS Shares. The Company is also asking Shareholders to vote on a change of the Company's name to EQTEC PLC. As the Conversion Price, being 5.53 pence per New EBIOSS Share is below the nominal value of the Existing Ordinary Shares (being €0.10 per Existing Ordinary Share), in order to permit the Company to issue the New EBIOSS Shares in compliance with the Companies Act, the Company intends, subject to, inter alia, Shareholder approval, to undertake the Share Capital Reorganisation to enable the Proposals to proceed as, under the Companies Act, new ordinary shares must be issued at a price greater than their nominal value. Under the Share Capital Reorganisation, each of the 75,140,494 Existing Ordinary Shares will be divided into and reclassified as one New Ordinary Share of €0.001 and one 2017 Deferred Share of €0.099. Each Shareholder's proportionate interest in the Company's issued ordinary share capital will, and thus the aggregate value of their holding should, remain unchanged as a result of the Share Capital Reorganisation alone. It will, however, be diluted by the issue of the New EBIOSS Shares pursuant to the Conversion Agreement.

Will the REAC shares be suspended at 11.30 - to be replaced with EQTEC PLC ?

There's a lot to read in the penultimate RNS, but have a good read and I think you'll be pleased. Roll on tomorrow.

I shall be watching with great interest as the days events unfold. Gla.

Oh. and don't forget to factor in the dubious intent of the MM's to show an opening drop where in fact there isn't one!

Look at the trades around the time of these delayed ones. You can then discern what the likely offer to buy/sell prices were at the time.

Have a read of the RNS dated Jan 10th - it's quite lengthy and has much of the detail you are looking for.

16:11:06 0.6125 750,000 O 0.5500 0.6000 Buy 40,927,842 12,180,472 and another one for 750k........

15:52:55 0.5500 15,361 O 0.5500 0.6000 Sell 40,162,842 12,180,472 15:51:01 0.7190 2,000,000 O 0.5500 0.6000 Buy 40,162,842 12,165,111 15:23:14 0.5798 32,871 O 0.5500 0.6000 Buy 38,162,842 12,165,111 15:05:22 0.5798 41,410 O 0.5500 0.6000 Buy 38,129,971 12,165,111 15:05:17 0.5500 126,495 O 0.5500 0.6000 Sell 38,088,561 12,165,111 that trade a mistake or a premium buy?

In your view, do you think we'll see 15p overt the next month?

15:18:39 6.3800 61,997 O 5.7500 6.5000 Buy 915,493 707,471 15:17:26 6.3250 7,733 O 5.7500 6.5000 Buy 853,496 707,471 15:17:12 6.3250 93,844 O 5.7500 6.5000 Buy 845,763 707,471 15:08:21 6.2699 37,805 O 5.5000 6.5000 Buy 751,919 707,471 15:07:50 6.2800 39,808 O 5.5000 6.5000 Buy 714,114 707,471 15:07:15 5.7850 2,000 O 5.5000 6.2500 Sell 674,306 707,471 15:07:08 6.1749 80,972 O 5.5000 6.2500 Buy 674,306 705,471 15:06:19 6.0950 73,490 O 5.5000 6.2500 Buy 593,334 705,471 15:05:31 6.0849 41,085 O 5.5000 6.2500 Buy 519,844 705,471

Lmfao :-)