Member Info for RG33

Accounts not yet finalised, but at least they had the decency to RNS the delay.

Today + 3 working days to the end of July, hopefully the BoD are on track, to meet their RNS expectations:

RNS 30/06/22:

“The Company will request a restoration of its listing once the Company's audited report and accounts for the year ended 31 December 2021 has been published. The Company continues to work closely with Moore Kingston Smith LLP, auditor to the Company, to ensure that the audited report and accounts for the year ended 31 December 2021 is published as soon as possible. This is expected to be before the end of July 2022.”

Morning MB,

Yeah, very quiet this week, all we can do is wait patiently for the shares to show up in our accounts. We can then decide sell or hold!

I’ve waited all this time for news from Grove and Co, so I’m inclined to B & I my allocation, and see what comes about. My £8k+ that’s been sitting there for so long, might as well sit a little longer!

Of course everyone will choose their own way, as is their wish, but good luck to all, whichever choice they make.

Thanks MB,

Have a good weekend.

MB,

No, not CGH, just another share in my account.

Yeah, I wonder if all the enquiries from ourselves forced CGO to make the RNS?

Their registrars must have got fed up of our pestering.

Good luck everyone.

Nice on Lo,

Well done, and good luck.

Hi glandore,

I’m one of the long suffering Sable Africa Mining, now CGH shareholders, we've been sat waiting for news of our investment since June2016. We now look like getting some reward for our mistreatment by CGH. So I for one can wait a little longer, and see how things go.

I hope we can all make a nice penny or two in the process. Here’s a little bit of info to digest:

As a reminder here are the Significant Shareholders (in Sable Africa Mining, now CGH) as at 10th August 2016, these may be the ones mentioned in the RNS.

So if these guys are still here after all this time, I think we may be on to something good . AIMO of course.

Ashendon Investments Inc: 162,995,000. 14.70 %

Beyond Africa Fund Ltd: 105,008,116. 9.47 %

JP Morgan: 85,522,078 7.72%

Audley Capital: 64,750,994. 5.84%

US Global Investor Funds: 46,188,390. 4.17%

RAB Capital Ltd: 42,000,000. 3.79%

Knighthead Capital M’gnt: 41,331,740. 3.73%

TT International: 41,087,074 3.71%

Henderson Global: 34,651,026. 3.23%

As a reminder here are the Significant Shareholders (in Sable Africa Mining, now CGH) as at 10th August 2016, these may be the ones mentioned in the RNS.

So if these guys are still here after all this time, I think we may be on to something good . AIMO of course.

Ashendon Investments Inc: 162,995,000. 14.70 %

Beyond Africa Fund Ltd: 105,008,116. 9.47 %

JP Morgan: 85,522,078 7.72%

Audley Capital: 64,750,994. 5.84%

US Global Investor Funds: 46,188,390. 4.17%

RAB Capital Ltd: 42,000,000. 3.79%

Knighthead Capital M’gnt: 41,331,740. 3.73%

TT International: 41,087,074 3.71%

Henderson Global: 34,651,026. 3.23%

CGO Have issued the following RNS:

Contango Holdings Plc
('Contango' or the 'Company')

CGH "in specie" Distribution

Contango Holdings Plc, the London listed natural resource company developing the Lubu Coking Coal Project in Zimbabwe ('Lubu') and the Garalo-Ntiela Gold Project in Mali ('Garalo-Ntiela'), has been advised by its largest shareholder, Consolidated Growth Holdings Limited ("CGH") that it intends to make an "in specie" distribution of its holding of 98,349,961 shares in the Company (a holding of 31.8%) to its shareholders.

CGH has circa 700 shareholders on its register from the period as a public company. CGH's 20 largest shareholders represent circa 70% of the current CGH shares in issue and will therefore hold 67,999,210 shares in the Company (circa 22% of the current issued share capital of Contango). The Company has consulted with these shareholders, many of whom have already joined the Contango share register through participation in capital raises and via on-market share purchases over the past two years. The Company expects these investors to remain supportive long-term shareholders in the Company.

Physical share certificates will be issued to the registered addresses of all CGH investors over the coming weeks. CGH shareholders will be responsible for notifying the Company in the event that their enlarged Contango shareholding exceeds 3% of the issued share capital of Contango when existing holdings are combined with the subsequent in specie distribution from CGH.

The total number of Contango shares in issue will remain unchanged as a result of this shareholder distribution.

MB

Yeah, all good for that, still got ample ISA allowance left.

Thanks for your time and advice.

Did a dummy run on the HL bed & isa button, this morning, would you believe “it’s not working at the moment “ they better have it repaired before we get out shares. LoL

Thanks MB,

As I said, I hope we can make something out of CGO, to repay our lousy treatment by Groves.

Good luck all.

Good morning all, our patience looks like finally being rewarded, and I’m hoping to make a few bob in CGO

So it’s my turn to ask for advice, what’s the best way to do a B & I , do it myself, or get H&L to do it?

Ain’t done it before, so ideas/suggestions welcome.

Thanks in advance.

Good morning Lo,

As MB suggests, try Neville registrars first, and insist they ENSURE, WHOEVER is responsible for the CGO distribution is in possession of your contact details.

Good luck.

Obviously we’re all very glad to have at last, got something to look forward to.

This maybe nitpicking, but I shot off a reply to the HL advisor who sent the message:

Hi Ellie,

Many thanks for your response, but if you received notice on the 10 of June, it beggars belief, that personnel in your department kept giving us incorrect information.

The last response I got from your colleague was that they weren’t aware of this activity, see your department response to me on 30th June.

CGH delisted in June 2016, and have treated their shareholders abysmally, no shareholder updates, sold assets without shareholder knowledge, failed to answer any and all attempts at communication from concerned shareholders.

So you can understand our concerns, of possibility being bypassed, and missing out on our rightful dividends.

Yours sincerely.

MB,

I’ve just opened the same message, but if as they now admit to receiving notice on the 10th of June, why the hell haven’t they said so in response to all our enquiries?

Talk about left hand not knowing what the right hand was doing…!!!!

They’ve just had for running around for nothing.

MB, I’ve followed your lead, and AGAIN sent another message to HL:

Sir/madam,

Despite numerous messages to you, I have had a very poor response.

And I’m very much aware of fellow shareholders of CGH, (in accounts, held by you on our behalf) having a similarly poor service.

Neville, registrars to CGH, responded to one shareholder thus:

Thank you for your email. All correspondence will have been sent to your broker regarding this. As far as we are aware, certificates in Contango Holdings PLC have not yet been produced and distributed. The correspondence suggests this will be within the coming weeks”

My last response from your corporate actions group, indicated that they would get to know about this action via “RNS, or Crest” she didn’t even seem to be aware that CGH is an unlisted company, since 2016. So it’s highly unlikely for an RNS to be issued.

As mentioned above, I’m greatly disappointed that correspondence/action from yourselves, seems to be like drawing teeth.

Regards.

Thanks for the info MB.

“From Neville.
Thank you for your email. All correspondence will have been sent to your broker regarding this.”

And all we get from HL is twaddle…!!!

Surely all the large brokers have to do, is collate the number of shares they hold, and provide the info the CGO brokers. There’ll be no reason to print certificates.

So come on HL, move you backside, and pull your finger out.

I don’t know, but if they can’t get their act together, and complete accounts on time, shouldn’t think it will impress institutional investors.

Yeah, we got the news, but it wasn’t the news we wanted!!!!

Suspension of trading,

Hi lo643898,

Yes contact the registrars avenir and make sure they have your correct contact details.

They’ll probably want the share certificate details ie certificate numbers if more than one.

That’s a nice holding you’ve got there, so do it straight away.

Good luck.