Member Info for MattyBoy1965

Apologies metis20, I had meant to say Mog24!

Tempted to sell my modest holding in Shanta Gold (at a modest profit) and chuck it all in here?

Would effectively reduce my current average from £2.55 to 95p!

Decisions, decisions?! 🤔🤨

Metis20

Might be worth dropping a copy of that email to:

thomas.grace@thetakeoverpanel.org.uk

He is the very helpful guy I have been dealing with and it might be worth making him aware that the instruction to (incorrectly) nullify the previous votes came DIRECTLY from Shanta themselves!

If that isn't a deliberate attempt to confuse the voting process then I don't know what is, as well as surely being illegal.

(Just wish they'd sent me the same email as I'd have already done it myself!)

''I have received this as well as a rather panicked secure message from HL stating that it was Shanta that had told them to nullify the previous votes''

Is this illegal? Probably

An attempt to skew the vote? Definitely

Will anything be done about it? Most definitely not!

Received exactly the same message too Barry5.

The whole process has been nothing more than an utter sh itshow!!! 😡🤬

On a positive note, if all previous votes do in fact still count maybe the T/O attempt will fail?

(Then the 'games' will really begin?!?! 🤔🤨)

Not far behind you nicely!

Down here £72,943.06 (96.12%) in real money not paper profit!! 😭😭😭😭😭

All we can do now I suppose is wait and hope for a reasonable TO offer post P1a results!

(But even if we get one I'm sure that won't be anywhere near my £2.55 breakeven point! 😒)

Barry5

As I said previously my understanding is that the NOMAD has already been told (in no uncertain terms was the impression that I got!) to 'get a grip on this' and that no large discrepancies between the number of originally cast recorded votes for the original meeting and those recorded for this latest upcoming meeting on the 4th will be expected to be seen nor acceptable (unless I've misunderstood?)

Still outside of their remit though so whether it'll make a difference who knows.

As I said before, at least we tried and it's in the 'lap of the gods' now and not long to wait!

Thanks Blueband but didn't really do that much!

I've only a relatively small holding here (39,100 shares) and will come out with about £800 profit were the takeover (hopefully not!) to be successful.

I just don't want to see the loyal LTHs get shafted (as I certainly wouldn't want to see the same thing happen to me and my 2m + shares in GGP, having been invested over there for nearly a decade now!)

Not long now until we'll know for sure either way?

GLA

Just had a final chat with The Takeover Panel.

Although not part of their remit I have to say that they have been extremely understanding and helpful (as well as patient) concerning their interactions with myself (and must be an all time first for a government department!?).

In summary I have been led to believe that 'conversations' have been had with the NOMAD concerning this whole farce, so at least the NOMAD is aware that they are 'in their sights' so to speak and that they wouldn't expect to see any significant deviation from the number of votes originally cast and this latest vote!

Not long to go now but whatever the final result we tried our best!

GLA (and fingers crossed this goes our way!)

''it may be possible to legally challenge the outcome''

Yeah best of luck with that one!

Who is going organise and pay for that?!?!

''too difficult to refuse''

For me that's north of 50p min (or they can ''do one''!)

Also just noted that my 'Shareholder Meetings' Section in my HL Account although it shows:-

SHANTA GOLD LTD 27/03/2024 Court Mandated Meeting Instruction given Give instruction

SHANTA GOLD LTD 27/03/2024 Ordinary General Meeting Instruction given Give instruction

(I note EGO has disappeared)

When I go into each it says ''Reported'' and not ''Voted'' as previously!!

All of the options are also blank, so I have just had to vote AGAIN so as to be sure!

I would strongly suggest that everyone else with HL checks theirs!!

Further correspondence received from HL this morning.

''Dear Mr XXXX

Thank you for your message,

Shanta Gold have issued us new communications detailing their AGM and ongoing takeover as a result we have forwarded these details onto yourself. This will invalidated your previous voting instructions due to the fact it constitutes as a new voting instruction.

The reason we cannot apply your vote retrospectively is due to any potential changes in each of the updates we are provided from Shanta.

I hope this has been of assistance. If you have any further questions, please reply by secure message from your HL account or send us an email. Please note that attachments we send will only be available to view on our website and not on the HL App.

Warm regards,

Alexander Wilson,

Hargreaves Lansdown''

The following is of concern:

'Shanta Gold have issued us new communications' and 'This will invalidated your previous voting instructions due to the fact it constitutes as a new voting instruction'.

Somewhat negates their RNS'd Claim that further voting is not necessary as previously cast votes will still be valid does it not?!

I'm currently awaiting a call back to discuss this further with my contact the Takeover Panel (but what good it will do I do not know?)

This whole process has been a utter sh* t-show from start to finish (and 100% intentionally in my opinion!!!) 😡

Just received from HL at 4.44pm

''Your Shanta Gold shares

''Dear Mr XXXXX

Following our previous correspondence sent earlier today, please note that any voting instruction that was submitted for the previous meeting is no longer valid and will not be submitted at the new meeting. Please follow the steps below before 6pm on Wednesday 27 March 2024 to submit a new vote on the increased offer at the meeting on 4 April 2024.

Saturn Resources Ltd, a wholly owned subsidiary of ETC Holdings Ltd, have made an increased and final offer to buy Shanta Gold for 14.85p in cash per share. The court and general meetings have been adjourned.

Shareholders will vote on the takeover at meetings on 4 April 2024.''

So much for the RNS'd statement from Shanta regarding there being no need to recast our votes as previous votes will be valid! 😡😡😡

'… what anyone thinks will happen, medium term, if this is not voted through??''

Well I suppose the Patels could use their crooked contacts in the Tanzanian Government to totally f8ck us, but I'd rather that personally than they get their greasy little mitts on our company 'on the cheap'!!

Not long to wait now in any case!?

(Just remember to re-check your Votes have still been counted before the deadline!!!! )

Received this response from HL concerning my enquiry as to why we have had to vote so many times.

Unless I've read this wrong, it appears that the requirement for us to have had to re-vote on numerous occasions has been Shanta led!!??

''Dear XXXX

Thank you for your message,

No, the takeover is happening between two companies which we are not a part of, we need to await updates from the respective companies before we forward them on to shareholder so they know how they are affected.

If Shanta have decided to postpone their AGMs and have also then subsequently requested new votes then that is their prerogative. Ultimately, we required 4 different instructions from yourself due to the fact we receive 4 communications, you need to ensure you are still happy to proceed based on each instruction as there could potentially be slightly different terms described in each of the votes.

I hope this has been of assistance. If you have any further questions, please reply by secure message from your HL account or send us an email. Please note that attachments we send will only be available to view on our website and not on the HL App.

Warm regards,

Alexander Wilson''

Does anyone else read this the same as me or is it just me? 🤔

''Where is the support from our Government when we need it?''

Where it usually is...no where to be seen! 🤔🤨

Just emailed Questor the (rather long) email that I originally forwarded to the Takeover Panel.

What use it will do who knows, but then if you don't try?!

Annie59

Thanks for the heads up as having just checked my account I too have "Instruction Given" on all three votes; EGM, Court and OGM yet having checked 'inside' the first two said "Not Voted"!! 😡

I have since corrected that (AGAIN!!) so anyone with HL please be aware and make sure you have all three covered!!!

''there is a real danger that a shareholder’s no vote will not be carried forward and a did not vote will be recorded instead''.

EXACTLY what they are hoping for no doubt, in my opinion!!