Member Info for Longroad

Alfresco- seems the LSE site is slow at updating the RNS. I’ve been using investigate.co.uk.

No payment.

Good call JMAnder. Big £42k at 16:25, 0.3 as well. See what tomorrow holds.

How can you tell if it’s a buy or a sell on the TR-1 form? It says ‘ An acquisition or disposal of voting rights’.
Newbie here.... thanks.

Is it game over here or still a chance to come back from suspension with an RTO?

First $424k of $1m received from Land Ocean Energy Services. Remainder due 20 th May.

I tried to buy more all day. Didn’t manage in the end, NT all the way. I didn’t want to put in an order as last time I got shafted! Sitting at 5.3p so could really do to average down, although honestly all I’ve been doing is averaging down with Block.

Only enough working capital until the end of May due to reduced income. Yikes.

Trading Update
As has previously been announced, all of Malvern UK learning centres are currently closed as is its school in Singapore. While some teaching has been successfully moved online, the Company has experienced a very significant drop in revenue and cash inflow. As there is no certainty as to when and how COVID restrictions will be lifted or how quickly trading activity will be able to resume, there is considerable uncertainty as to the Company's prospects. It is currently anticipated that the Company's existing working capital facilities will be exhausted by the end of May. The Company is in discussion with its existing major shareholders and debt providers regarding the raising of additional funding.

MFU exact same with me. This is great it’s so high before the RTO RNS.

My platform iwebsharedealing has a spread of 10 to 50!

Tried and tried to buy last couple of days...NT. Bought some today then can’t sell...NT. So holding....I guess. Is this the same for everyone at the moment?

LightwaveRF plc



Strategic Review update and proposed equity subscription

Conclusion of formal sale process and end of offer period



LightwaveRF plc ("LightwaveRF", "Lightwave" or the "Company"), the leading smart home solutions provider, announced on 18 November 2019 a strategic review including a formal sale process and the commencement of an offer period under the rules of the City Code on Takeovers and Mergers (the "Takeover Code" or "Code") ( " Strategic Review).



Over the period since the Strategic Review began the Company and BDO LLP ( " BDO" ), the Company ' s financial adviser, has received approaches and also contacted a number of parties and had discussions with some of those parties. These have not led to any viable offers being received and a s such, the Company is not in discussions with any third party in relation to a corporate transaction, such as a merger with or a sale of the Company. As a result, the Board with BDO has determined that the formal sale process part of the Strategic Review has now concluded. Therefore, the Company is no longer deemed to be in an offer period. Accordingly, the requirement to make disclosures under Rule 8 of the Code has now ceased.



While the final outcome of the Strategic Review has not yet been reached and it remains ongoing the Board is pleased that its largest shareholder Committed Capital has agreed to lead a new equity funding round. As stated in the announcement on 18 November 2019, the Board continues to believe that the Company would benefit from additional finance in order to support the Board's growth plan. As such, the Board believes that the proposed investment from Committed Capital will further assist in accelerating the growth of the business.



The Board considers that the Company is well positioned as the only UK company offering fully integrated products that enable in-home control, monitoring and automation of lighting, heating and power.



In view of the proposed equity subscription and its pricing, the Company has requested that JP Jenkins halts the trading in the Company ' s Ordinary Shares until the subscription has been completed. It is expected that the issue of new Ordinary Shares will be subject to shareholder approval. Further announcements in connection with this proposed equity subscription will be made in due course on the Company's website www.lightwaveRF.com and on the JP Jenkins' website, www.jpjenkins.com .

You’re right BigB, just holding tight...

I’ve an average of 7.33 so still a way to go for me. (Seems red is the new black...)

AM- ‘Mitchel’ - see section 4 on the RNS, under Full Name.

Interesting to hear what they have up say. Thanks Tex.

Thanks EM , I’ll hold tight.

I’m in here at 12p. I’ve been spiked on RLD and BOIL sadly as I’m a newbie and held through. So now waiting for them to go up again.Do you think COPL will spike today or should I hold through?

Yes, test sell, 75k at 0.68p

Jonny, I’m in the same boat as you. My initial buy in was at 12p, then averaged up. Very exciting to see the sp lift, but has a bit further to go for me to just break even. Just a waiting game with great potential with the RTO. Happy NY and GLA.