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I refer you to Buster66's entry earlier, notably the last sentence in, "PLEASE STILL ATTEND THE EGM. It is important the meeting goes ahead as planned and the resolutions are passed as well as others that may be raised by HSG on the day. Deloitte do not have the powers that they are trying to convey in their communications with holders so don't be fooled into staying away."
Hi, I should have said, that you should try to come to EGM It is important for you to attend the meeting which STARTS at 9.00 am, on Wednesday, 4th December, 2013, at the Royal Berkshire Conference Centre at the Madejski Stadium in Reading ….. Registration begins at 8.00 am for the meeting to start promptly at 9.00 am. Please be at Registration by 8.00-8.30 am…. Warning: The meeting will NOT wait for stragglers or those in a queue to be allowed entrance, so do not rely on a smooth road or rail journey. Thanks, guys. See you there.
Travel information - hope it helps someone.... Reading Central Railway Station Is located in the city centre, almost 4 miles from the venue. There is a small M&S food hall in the station, with other smaller shops. For cafes and cty centre shops, exit on Forbury Road, and with your back to the station, walk straight on, down any opposite road. Shops are literally 2 minutes away. Taxi Cabs Many black cabs at and diving around the station, parked in the road leading to the Garrard Street car park, and in Friar Street. Approximately £6 cost to Madejski Stadium. By Car Sat Nav Postal Code - RG2 0FL I have enquired and been told that parking at Madejski Stadium for conferences is free. Fyi, if we want to go into town and celebrate! There is a Park & Ride service, so you can leave your car and take the Madejski Stadium bus into town. Bus fare to town one way is £3/£4. Note that parking in town is very expensive, around £17 for the day, and permits are required to park cars on the street within a mile of city centre. The Venue http://www.rbcc.org.uk/ Royal Berkshire Conference Centre Madejski Stadium Reading Berkshire RG2 0FL Tel: 0118 968 1333 Site gives these directions: "CAR From M4 Junction 11, take the A33 to Reading through the traffic lights. Straight ahead at the mini roundabout, at the second roundabout turn left, at the next round about take second turning up the hill towards the stadium. Follow the road around the stadium over the two mini roundabouts and pass the hotel entrance on your right. Car parking is available in the blue car park in front of the Mega Store, entrance to conference centre to the right of the Mega Store. BY TRAIN TO READING, THEN BY TAXI Once arriving at Reading Central Station, leave the station out of the main entrance taxi rank is located to the right hand side. MADEJSKI BUSES From Bus stop "SI" located outside of Reading Central Station, this bus service operates every 8 minutes to and from the Madejski Stadium/Royal Berkshire Conference Centre." I understand the Madejski Stadium buses start early (around 6.00 am - person unsure) and finish running at 8.45 pm. The correct change might be required. Also, Google Maps tells me (I don't know for sure) you can take bus number 50 from Station Road, off Forbury Road and opposite railway station. 4 miles from town, so would take 25-35 minutes. Hotels Apparently, there is a Millennium Madejski Hotel which is linked to the conference centre, tel 011 8925 3500, but very dear – asking around £170/night. Reading is expensive to stay in overnight – cheaper to stay outside Reading and travel in, if you want to be close to the venue the night before.
Barclays has called an EGM. This action has, in one fell swoop, provided the required percentage of shareholders to legally require an EGM, and that one will thus be taking place in the not too distant future, end November/early December. If you have doubted the power of HSG, here is a perfect concrete example of what has been achieved to date, so jump on board the good ship HSG, before it is too late. Contact hibushareholders@gmail.com (note PLURAL) and ask to join. You will need to provide evidence of shareholdings.
Thanks, but no thanks, for calling us simpletons. As regards good money after bad, well, it's not much more money after losing a lot. You know, I believe, that it is our best chance of redress, so why aren't you supportive? I don't believe you have our interests at heart. Yell is a big company with many aspects, and the figures can be confusing. Perhaps even you wouldn't understand them enough by someone else's measure. Didn't you READ what I wrote - they WERE ABLE to meet their debts. They CHOSE not to pay up. Honestly, it's not worth listening to you. In fact, please don't bother worrying about us.
Ahem, £937,000 apologies for extra zero (typo)
Correction, 'for whom IT COULD BE ARGUED money is no object"... I mean, a £937,0000 bonus in 2011, 150% of salary, the maximum allowed, may not be enough for him on top of a salary of £695,000. What do I know? Money, money, money, as the song goes...it's a rich man's world....
Thanks Piler for the RNSs. Futile people gainsaying what hibu itself said in their RNSs. Fact is, shareholders trust and base decisions on RNSs, ALL of them, not just a meaningless and incomprehensible 'little or no value being attributed to shares' - what ROT. Yorkshireman, you are not alone, of course. Sorry and glad it's not your all. For some of us it has been substantial. We're not loaded like Pocock, Wiggley and Bates, for whom money is no object. Whatever anyone quips, many (millions of shares held by them) ordinary people have had their pensions affected, lost their savings, are at the mercy of large and merciless groups all working against the average private investor, who should rightly quail at the thought of investing again.
Yell hibu is NOT insolvent, it is highly CASH GENERATIVE. Mike Pocock, CEO, said last year that THEY ARE THEIR OWN BANK! With many spare millions in the bank left over, he could have PAID the debt, but CHOSE not to, creating a serious situation. This was avoidable. They do not need to give the company away to the lenders. So, if there is anyone who holds shares in Yell (now called hibu), please consider joining the legitimate hibu shareholders group to fight this giveaway of our shares and money and company. Currently 400+ members strong and over 750 million shares registered. We have written to MPs, the Financial Conduct Authority and are speaking with the newspapers. Note that solicitor Barry Dearing who led the Cattles shareholder group which resulted in a payout 27 times greater than initially offered is now advising and leading this group and you have to be in the group to have any chance of receiving a payout if we go down the creditor route. That is, if the court awards payment to creditors, rather than shareholders. If it awards a payment to shareholders, everyone will get something for their shares. In the Cattles case which Barry won, the court only awarded to creditors. If you want to join, please send proof of holdings (copy of some sort) and photo ID (like driving licence) to hibushareholders@gmail.com (note PLURAL) you will then have access to our private forum which details our plans and actions to date as well as future actions. If you hold shares, this group is your BEST chance of getting redress and something for your shares.... please support it.