Member Info for Minesweeper

From the RNS on 06 March 2023

https://data.fca.org.uk/artefacts/NSM/RNS/4695320.html

The Directors intend to seek to acquire another company or business in exchange for the issue of Ordinary Shares in a single transaction (a "reverse takeover"), which will only be able to go forward with shareholder approval. In considering the Company's future strategy, the Board will seek to identify opportunities offering the potential to deliver value creation and returns to shareholders over the medium to long-term in the form of capital and / or dividends.

In fairness to AMC, Robin was always clear that after the 1.8p dividend the remaining money would be used on a RTO.

@ilovesushi - if this deal goes through robin young stands down on ReAdmission, if it is voted down he will remain the sole executive director

What are other retail brokers' deadlines for voting?

Not entirely sure, when I've held shares in delisted companies its generally been as a result of an insolvent liquidation - probably a question for the retail stock broker. obviously the shares won't be crest enabled at that point in time.

Goneawol - you are right that online brokers impose their own deadlines on retail clients so best to get votes in early. Unfortunately, also the signalshares route is not available to holders who hold shares through online brokers.

A no vote will result in the Company's shares being delisted from AIM. A yes vote will see them continue, even if you don't like the deal then a vote in favour will allow you to trade your shares on relisting and invest elsewhere - that's a lot quicker return of capital then waiting for a winding up of the company

Any holder who holds their shares through an online broker will be able to vote through their retail broker immediately after the investor meet.

But i would highlight from the form of proxy that "Alternatively, proxy votes can be cast online at https://www.signalshares.com by following the on-screen instructions. If you are not already registered, you will need to obtain your Investor Code from Link Group. Alternatively, you can vote via the LinkVote+ app. LinkVote+ is a free app for smartphone and tablet provided by Link Group (the company’s registrar). It offers shareholders the option to submit a proxy appointment quickly and easily online, as well as real-time access to their shareholding records. The app is available to download on both the Apple App Store and Google Play, or by scanning the relevant QR code below. "

I was thinking that KIST is a bid target as they've put themselves into play by making public an offer for Serica. Indeed, there's nothing to stop Serica launching a bid for KIST but wondering whether there are other players which may be looking at KIST.

Been a member for two years just haven't posted before.

I've taken some profit. left half in though to see what happens next