Member Info for Newuncle

Hep,

100% accurate assessment.

TG are rank amateurs and clearly not able to understand that if a plc is in the financial mess that Evans left PPP in, there is no alternative other than to raise cash by issuing discounted shares to raise the £millions required to bring it back from suspension.

They would rather lose it all than accept the dilution required because Evans has lied to them about why Lunn and Menzel have to do this to save the plc.

Hep,

TG love quoting company law etc etc over and over again and yet refuse to accept that their actions will kill the plc once and for all.

It's obvious their agenda is to finish PPP as a plc

Question remains, what's in for them if they get the PLC delisted because that is where they going with it......

Why do the TG want PPP plc delisted?

ASI,

It doesn't matter that you are 100% right, they will never accept that they are wrong.

Pointless engaging with the Evans TG brainwashed trolls.

ASI...much easier if you green box the TG trolls

TG court case - wasted money £000s

TG Voting out SL and RM = no plc

They are Evans Tools

In the event that all directors of a public limited company resign, the company will be in breach of the Companies Act 2006, which requires at least two directors. This breach can lead to the company being struck off the register and dissolved. The company's assets, including cash, property, and equipment, will not be returned to the shareholders but will become the Crown's property under the legal principle of Bona Vacantia. Shareholders may have the option to appoint new directors through a general meeting or by applying to the Court if they lack the authority to do so. It is crucial for the company to address this situation promptly to avoid severe legal consequences.

In the event that all directors of a public limited company resign, the company will be in breach of the Companies Act 2006, which requires at least two directors. This breach can lead to the company being struck off the register and dissolved. The company's assets, including cash, property, and equipment, will not be returned to the shareholders but will become the Crown's property under the legal principle of Bona Vacantia. Shareholders may have the option to appoint new directors through a general meeting or by applying to the Court if they lack the authority to do so. It is crucial for the company to address this situation promptly to avoid severe legal consequences.

When all directors of a PLC are removed, the company must follow specific procedures to ensure compliance with legal requirements. The company's statutory books must be updated, and Companies House must be notified of the termination. This process is crucial to maintain the company's legal standing and to ensure that the company's affairs are properly managed

Risks for companies

Removing a director is rarely straightforward. The main risks include claims for breach of contract, employment-related disputes, and shareholder litigation

TG wasted loads of time and money for nothing more than a vengeful Evans driven campaign.

Pointless Potless Posters the lot of 'em.

There will never ever be enough for them to support the plc back to trading because Evans is driving their hateful anti Lunn agenda with promises of monies and directors which will never happen but they still believe his BS.

These people bought into PPP on Evans BS RNSs, the same as everyone else did, but now they need someone to blame rather than supporting the plc through the placing needed to clean up Evans mis management.

Evans created this whole mess going way back for years.

It's pathetic

Wasted money

Case dismissed

Why waiting, surely buying before news would make more sense?

When it's ready I guess?

And some jail time for Evans to stop him from taking any directorships ever again

Fabulous news

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Hep

Guessing TG losing their grip again then

Never known such a Stoopid group of posters ever

Wasted £000s on pointless court actions

Now want everyone else to lose everything

What a selfish and shallow bunch

Times like when the filter button is just so useful

Hep,

I can handle all of them but its so tiresome reading the same lies day in and day out posted by the TG and TBH I have better things to be doing.

Anyway, Lunn has worked hard to turn this Evans fiasco around and now looks ready to reset PPP plc. I hope he can get a name change for the company once all is agreed with RMD as the PPP brand has been destroyed.