Interesting that it's WM's second largest position. I wonder if they continued buying through the SP decline? He knows his stuff and I think expects a buyout further down the line. GGP is my largest position :-)
Dimbo, Did you get your answers from the cut and paste you did (now removed by admin) from simply wall street? Can you please list the current institutional investors please? Too funny.
While I would change the wording of a few of Del's questions, I see no reason why the BOD should not answer some or all of them. There is a clear difference between what we know, owners of the company, and what the BOD know, also owners but not a level playing field.
I realise your account Dimbo is a spoof and your only objective is to disrupt any shareholders who question the BODs performance. It is you who should be reported, but your dedication to the cause would mean if banned you would return under a new name......question is why? just trying to protect what's left of your investment? or some other reason?
Group of 6ex offenders all round!
DR it doesn't matter if YOU have seen them. Have they been added to companies house? are you saying companies house do not update their website?
Last filed 11th July 22
https://find-and-update.company-information.service.gov.uk/company/03010091/filing-history
IKN also known as DR Diversity on twitter. Yes I have the same ID on twitter because I am consistent across and open these platforms. If the company gives me reason to be anything other than critical of their achievements and behaviour then I will sing their praises, however their lack of progress and kicking the can down the long road for years gives me reason to criticise. Not exactly splitting hairs to point out factual information now is it?
How can it be irrelevant that they are late filing with companies house? It's a legal requirement!
Failure to file accounts and reports
451Default in filing accounts and reports: offences
(1)If the requirements of section 441 (duty to file accounts and reports) are not complied with in relation to a company's accounts and reports for a financial year before the end of the period for filing those accounts and reports, every person who immediately before the end of that period was a director of the company commits an offence.
(2)It is a defence for a person charged with such an offence to prove that he took all reasonable steps for securing that those requirements would be complied with before the end of that period.
(3)It is not a defence to prove that the documents in question were not in fact prepared as required by this Part.
(4)A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 5 on the standard scale and, for continued contravention, a daily default fine not exceeding [F1one-tenth of level 5 on the standard scale][F1one-tenth of the greater of £5,000 or level 4 on the standard scale].
Resolution 8 is a pointless addition to keep the hopeful happy......The ability to call a general meeting is on page 19 of the articles of association ffs!
https://tinyurl.com/ystvtd26
Company accounts are late according to companies house:
https://find-and-update.company-information.service.gov.uk/company/03010091
Another demonstration of dire corporate governance. Glad I voted against Resolution 4.....
Special Resolutions
To consider, and if thought fit, pass the following resolutions as special resolutions:
7. That, subject to the passing of resolution 6, the Directors be given the general power to allot equity securities pursuant to section 570 (as defined by section 560 of the 2006 Act) for cash, either pursuant to the authority conferred by resolution 6 or by way of a sale of treasury shares, as if section 561(1) of the 2006 Act did not apply to any such allotment, provided that this power shall be limited to the allotment of equity securities up to an aggregate nominal amount of £500,000.
The power granted by this resolution will expire on the earlier of 18 months and conclusion of the Company's next annual general meeting (unless renewed, varied or revoked by the Company prior to or on that date) save that the Company may, before this expiry, make offers or agreements which would or might require equity securities to be allotted after the expiry and the Directors may allot equity securities in pursuance of any offer or agreement notwithstanding that the power conferred by this resolution has expired.
This resolution revokes and replaces all unexercised powers previously granted to the Directors to allot equity securities as if section 561(1) of the 2006 Act did not apply, but without prejudice to any allotment of equity securities already made or agreed to be made pursuant to this authority.
8. To authorise the Directors, in accordance with the Company’s Articles of Association, to call a general meeting of the Company, other than an annual general meeting, on not less than 14 clear days’ notice.
Don't forget to vote folks: Personally I have voted against 4,6 & 7 obviously shareholders can make up their own minds on how they vote.
Ordinary Resolutions
To consider, and if thought fit, pass the following resolutions as ordinary resolutions:
1. To receive and consider the audited accounts for the period ended 31 December 2022 together with the Directors’ and the auditors’ reports therein.
2. To re-appoint Grant Thornton LLP as auditors of the Company.
3. To authorise the Directors to determine the remuneration of the auditors of the Company.
4. To re-appoint Christian Schaffalitzky as executive Chairman, who retires for reappointment in accordance with Article 47.1.2 of the Company’s Articles of Association.
5. To re-appoint David Iain Rawlinson as a Non-Executive Director, who retires in accordance with Article 47.1.2 of the Company’s Articles of Association.
6. That, in accordance with section 551 of the Companies Act 2006, the Directors be generally and unconditionally authorised to allot shares in the Company or grant rights to subscribe for or to convert any security into shares in the Company ("Rights") up to an aggregate nominal amount of £500,000 provided that this authority shall, unless renewed, varied or revoked by the Company, expire at the earlier of 18 months and the end of the next Annual General Meeting of the Company to be held after the date on which this resolution is passed, save that the Company may, before expiry, make an offer or agreement which would or might require shares to be allotted, or Rights to be granted and the Directors may allot shares or grant Rights in pursuance of such offer or agreement notwithstanding that the authority conferred by this resolution has expired. This authority is in substitution for all previous authorities conferred on the Directors in accordance with section 551 of the 2006 Act, but without prejudice to any allotment of equity securities already made or agreed to be made pursuant to this authority.
Any significant achievements or news etc from our wholly or partly owned subs should be RNS'd by EUA. this is the case with all my other investments where subsidiary companies operate under the parent.
Stop making excuses for the lack of info shared by the BOD.
Apparently H4E being would down:
https://twitter.com/richarddugdale3/status/1679785162572218369?s=46&t=E1JYAgBqJpvHlsMLNfP9og