Member Info for Pebble101

Neilrich3

RNS on the 3rd, paragraph 10 Novacyt's strategic plans for Yourgene

"Following the Effective Date, it is intended that Lyn Rees, the current Chief Executive Officer of Yourgene, and Dr John Brown, the current non-executive chairman of Yourgene, will remain on the board of Yourgene and will join the board of Novacyt. Following the Effective Date, the board of Novacyt will therefore comprise of two executive directors, being James McCarthy and Lyn Rees, and five non-executive directors, being James Wakefield, Juliet Thompson, Andrew Heath, Jean-Pierre Crinelli and Dr John Brown. Each other non-executive director on the Yourgene Board will resign from the Yourgene Board with effect from the Effective Date. Dr Bill Chang and Dr Joanne Mason will remain employed by Yourgene but will also resign from the Yourgene Board with effect from the Effective Date".

Sorry Kaeren, misread your post due to the spacing.

The 6.5m isn't the SVB loan which was around £3m in March - this is expected to be paid in full but not sure if there will be enough in YGEN accounts - cash in March was £2.8m. The £6.5m is payable to Life Technologies

Wonder if we might see some Director buys now.

Amers, I might try and attend. My niece lives in Paris so would be a good chance to catch up with her. I assume they will have a translator.

I asked the question about when we could expect forward projections, it was not addressed in the reply. Apparently the Board aren't asking for a payrise, they are asking for the 2022 pay to be approved with the same amount for 2023.

Kaeren maybe no news is good news!!!

Well that was a lot easier, now got to try the ones with ii which won't be :(

Certainly looks like they are trying to confuse the issue regarding salaries - they should choose one currency and stick to it.

Did anyone stay on to answer the questions at the end where they asked about future meetings?

It appears the link doesn't work so google 'tax losses CTM06300' This takes you to the index page of the section about buying companies for their tax losses.

Details about buying companies for their tax losses: https://www.gov.uk/hmrc-internal-manuals/company-taxation-manual/ctm06300CTM06300

I saw it Larry and responded as did others.

Who upset someone?

Agree about the background noise, sounded like laughing and washing up going on from my end. If it was that was unprofessional. I need to listen again as missed some of what he said but nothing to set the world on fire and some back-pedalling about the £100m in 4 years time.

I installed an adblocker called uBlock Origin on my laptop - I don't get anything on it now. I don't use my phone as the ads make it impossible, too small so when you try to closed them you end up going onto the site.

Laptop or phone?

There is still the LTIP in place of course so JM needs to start doing something if he wants to get something out of that. The clock is counting down.

I have an adblocker on my laptop but not on my phone, works great on the laptop. I don't use my phone any more to look at LSE.

We aren't talking about five years time now for the revenues in excess of £100m, it's now four.