This statement from the RNS says to me that he intends to hold the rest of his shares.....
So he has top sliced....
Following this disposal, he will continue to own a significant shareholding in SYME totalling 5,170,723,449 ordinary shares through IWEP Ltd (of which he is the ultimate beneficiary owner) and in his own name, representing 19.53 per cent. of SYME's issued share capital.
Must watch video......
Alessandro Zamboni, Founder & CEO @SupplyMECapital (#SYME.L)
announced the Strategic inventory funding agreement for up to €8bn over five years with the acquisition of Bank in Europe
@ZaksTradersCafe speaks with @Alessan62698938
Point 1....
Funders could be combined through the syme platform allowing the opportunity to serve very large companies. (Scalability)
This could apply to helping out Rolls Royce Aerospace that was hinted at in previous interview ??
After today announcement #SYME "Strategic inventory funding agreement for up to €8bn over five years with acquisition of Bank in Europe" @Share_Talk
are looking to speak with @Alessan62698938
founder & CEO @ZaksTradersCafe
is on standby
Studio microphone
Update to follow
Supply@ME Capital CEO Alessandro Zamboni has indicated that investors didn’t truly understand the scale of its captive bank announcement yesterday despite SYME shares soaring.
Speaking in a recent video, Alessandro looked to clarify a few things – here we pick out 5 of the most significant:
A funding machine: The captive bank announcement has created a ‘funding machine for the platform’ – funding is no longer an issue for the business in respect to inventory monetisation.
Funding obligation: SYME itself is not paying for the agreement – and its partner now has an obligation to fund all inventory monetisation issuances.
International funding: The arrangement is not only to support the Italian market but can also support intentional markets such as the US and UK.
Short-term benefit and long-term benefit: Benefits could be felt in the short-term – it has companies ready to service with the new captive bank.
Institutional investors: Alessandro noted that they are buying into SYME and involved in the bank project and more will be revealed as part of its Middle East activities.
The above points were picked out from an interview today between Alessandro Zamboni and Katie Pilbeam of Proactive.
From Tweeeeter
#SYME This means we should be many Multiples of 1p ... as at 1p we had nothing ... now.look what we have ...
UAE
?
UK
?
US
?
Our Own Bank
?
institutional investors mopping up shares on open market
?
stormharbour
?
... and we are at .60 .... shows we should be 2p plus