Email from Align21 Jan 2020 18:11
As u probably saw, sadly Ms Cope saw fit to accept another worse deal for shareholders than the one we proposed last week,
It seems some people were having trouble downloading the template below. Here it is again.
As u probably saw, sadly Ms Cope saw fit to accept another worse deal for shareholders than the one we proposed last week,
With this in mind if u want to do something hopefully positive to bring her and her cohorts to account for their actions in recent months below is a template letter to send to the following email addresses: craggett@finncap.com; Marcus.stuttard@lseg.com; mark.steward@fca.org.uk – they are the Nomad, head of LSE/AIM reg and the Head of enforcements at the FCA. Feel free to cc me in if u wish.
This just may prompt an investigation if enough people complain.
Dear Mr Stuttard
I write to you as a concerned shareholder of Anglo African Oil & Gas Plc (“AAOG”) and one that is significantly out of pocket.
My concerns centre around 3 issues:
1 The accuracy of the RNS’ released by the Company from end 2018 through to the summer of 2019 and that I had relied upon with regards to my investment in AAOG. Further, Mr Sefton held a number of video interviews with Proactive Investors in which the clear and overt message was that the Tilapia field drilling was better than anticipated. Subsequent events that have brought the company to the brink of bankruptcy, with inordinate sums running to seven figures spent on travel and hospitality as detailed in the company’s most recent report and accounts, have shown many of these statements to be, at best questionable, at worst outright misleading.
2 Seeming conflicts of interests on the part of David Sefton and James Berwick in particular and that appear to continue to this day with the current incumbent board surrounding the use of AAOG company funds, in particular relating to the aborted acquisition of the Medco Tunisia assets in which Mr Sefton & Mr Berwick then invested through those assets’ acquisition within Anglo Tunisian Oil & Gas Ltd.
3 What looks to be a clear breach of fiduciary duty on the part of the current Board, in particular Ms Sarah Cope who has singularly obfuscated attempts by Richard Jennings of Align Research and his consortia to attempt to rescue value within the company.
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