Member Info for Rock8

Contracts are usual obviously but it's the revisions to 22 and 23 numbers and how the lenders react to them that will decide things.

The company will have broken covenants and that's the issue.

Suspect the lenders will have site of drafts ahead of the numbers being released and a solution should be presented?

Isle

Sorry I have to ask but is this more reliable than your last intelligent posted here on 24th April?

I hope so.

The debt is unusual here. It’s not traded ‘raised bond’ debt and so easy to value and trade.

Lenders in the Term Loan:

ABN Amro Bank NV

BNP Paribas

Citigroup

HSBC UK Bank PLC

Lloyds Bank

Royal Bank of Scotland

Lenders in the RCF Facility:

ABN Amro Bank NV

Australia & New Zealand Banking

Banco Bilbao Vizcaya Argentaria

Bank of America NA/London

BNP Paribas/London

Citibank NA/London

HSBC UK Bank PLC

Intesa Sanpaolo SpA/London

JP Morgan Securities PLC

Lloyds Bank PLC

Royal Bank of Scotland PLC/Lo…

Skandinaviska Enskilda Banken

Toronto Dominion Bank

Wells Fargo Bank/London

Https://plebeianresearch.com/?s=Wood+group

Suspect this is where the speculation concerning PE preparing to bid comes from?

19th May 25 just an admin report

“ Loans and Debt for sale

It has been reported that their loans and debt have been marketed at prices below face value to a number of distressed debt investors including hedge funds and private equity. The latter would make for an interesting development.”

Other reports

hTTps://dailybusinessgroup.co.uk/2025/05/wood-chair-franklin-to-leave-embattled-wood-group/

hTTps://ng.investing.com/news/company-news/wood-group-sets-agm-for-june-18-amid-director-changes-93CH-1935231

More about the best way to secure that elusive 35p per share from Sidara

Share price at all time low and shorts building??

What a peculiar conclusion to arrive at!

…and you’ve concluded that from what exactly??

Stanleyb

You say

… but taken down by 1 of the 4 CRIMINAL US hedge fund team constantly spending FUD on here......!

What evidence do you have about any US hedge Funds operating?

Qantas is right disclosed and monitored shorts are down massively in the context of THG.

Both pleasing and actually surprising given the upcoming FTSE250 relegation?

We can all speculate about undisclosed and monitored data but it’s irrelevant as we don’t know for any share.

The future success of Ingenuity is still entirely dependent on the success of THG and both Nutrition and Beauty remaining under Matt’s control.

Otherwise Ingenuity is extremely vulnerable IMHO.

Someone is successfully walking it down on no volume.

Not a pretty picture on L2/3

Thank you much appreciated

Good to know.

Are you long or short today?

Dont think it was ramping as there were aricles on both Betaville repeated on Bloomberg market report (both behind paywalls) but nothing since so it's died back.

@Bob182071

Anything today?

Thanks

1Pencil So what?

One things for sure is that Matt is going to need his bodyguards at the AGM!

The de-merger has destroyed this company.

@Bob182071

Anything worth reporting?

Best