Member Info for NandL

Specsavers comes to mind!

Same on Google.

DQE should have started. Why the hold up. Get on with it please, pretty please. Only been waiting 6 years.

The overall goals of the 2024/2025 work programme are to: Why can’t he say: Heron 1 commences (for example) 12th July 2024 and other target goals are….

I prefer more positive speak. Seen many ‘goals’ over the years that didn’t materialise. Maybe he just needs to get on with in to ease my mind.

Before dilution

Mornington-oz, what price would you be happy to take for a takeover, don’t be greedy now?

No by the way to your question. If I do, I will be the first to send you a bottle of decent malt.

I just Googled part of Amit last update and got this: https://www.arm.com/markets/smart-cities

He may have done the same!

FocusIR Investor Webinar with Helium One, Pyx Resources, Fulcrum Metals and Metals One 6pm 10th July.

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The issuer provided existing retail shareholders the opportunity to participate in the capital raise, our technology provided the platform to participate with no barriers

I would be more than happy to make myself available to speak with the compliance officer at your intermediary or any other party to ensure you are able to participate in retail offers moving forward.

Kind Regards,

Marc

Marc Downes

CEO

@hungryheart, I also have a broker that does not participate via bookbuild. Several emails and calls to my broker and bookbuild later and having picked up some shares at 2.1 and 2.2 in the open market, this was the email I received from bookbuild having advised them that equiniti didn’t want to assist me in buying via the Retail Offer:

I hope this message finds you well and I am sorry that you have not been able to participate in the Petro Matad retail offer.

By way of an overview BookBuild is a digital platform that enables UK issuers to include retail investors in the capital raising process, and do so through their existing intermediaries. Historically, retail investors have been largely excluded from the secondary capital raising process, which were typically accessed only by institutional and or sophisticated investors. To us, this exclusion seemed counterintuitive, especially when these same excluded investors could purchase shares in the open market, often at a premium.

In response, the UK government initiated the UK Secondary Capital Raising Review with a key objective of fostering greater participation by retail investors in secondary offerings by issuers. Following the review's recommendations in 2022, issuers are now encouraged to consider including retail investors more fully in their capital raising plans, as demonstrated by Petro Matad.

BookBuild operates as a B2B platform, positioned between the investment bank representing the issuer and the intermediary representing retail investors. This setup ensures a straightforward and efficient solution for scalable participation in UK issuers' secondary capital raises by retail investors using the existing market infrastructure.

Since the successful conclusion of our first retail offer in 2023, BookBuild has completed more retail offers than any other platform and has been adopted by both the largest and smallest intermediaries in the UK. The list of participating intermediaries in the Petro Matad offer can be found at the following link:

https://www.bookbuild.live/deals/0Q6MG1/authorised-intermediaries

BookBuild is open to any intermediary at any time during any transaction. There are no technical, legal, or financial reasons for an intermediary not to register and participate in retail offers via the platform. This can be demonstrated and evidenced by its significant adoption by intermediaries of all sizes in the UK.

What is important to note is that on the 31st July 2023 the FCA introduced the Consumer Duty Act, which applies to all intermediaries including those who provide share dealing services. In short, the duty requires firms to act to deliver good outcomes for retail customers. Firms must act in good faith towards customers, avoid causing them foreseeable harm, and enable and support them to pursue their financial objectives.

31.5% is better than nothing.

To additionally incentivise management, the Board has resolved to issue 259,000,000 options to acquire ordinary shares at a strike price of 1p to management and Board members.

No #*it. 1p is no incentive. It’s a given!

I asked equiniti (my broker) how I could buy the shares at 2p but they said they do not participate via Bookbuild. Having asked again I emailed Bookbuild and I got an email from their CEO Marc Downes who asked me to provide him with a name and telephone number so he could talk to them directly which I thought was a nice touch. Having been back to equniti they said they could not assist on this occasion. I said that you couldn’t assist on the previous occasion either so it’s about time I looked for a new broker. My loss is someone else’s gain. Good luck all.

Really don’t like the word ‘should’ in this part of the RNS. Would have preferred to see ‘will’ be ready…

I hope so as cash unfriendly at present.

Think Terrier means the 5 sales just above or at 5p at 09:25 and 09:26.

ClimbingWooster, enjoy your day.

It’s not often that we get a positive update with my holding of several years. I look forward to many more.

Yes we do. For every 10 held you can buy 9 and also take up extra if sufficient available.