Member Info for seac

Seems a very tall order if indeed it’s possible. But let’s see what FTI response is...

What bit needs clarifying for you?

Big article hinting at possible legal action. We shall see.

Surely that’s not possible. Though I would love to be wrong!

Come on! They are not all going to walk away from this. It’s becoming a compelling reason for suspension and proper sleeves rolled up negotiation. DEB BOD have played a very skilful game with MA until now. I await next RNS with interest.

I suspect all parties and advisers will be talking earnestly today. Whilst suspension can be unpleasant, I can see now it’s still all to play for. MA and significant others will not just walk away. Of that I’m sure. News later...

You are expecting one?

Good post. I agree. I think more news from MA/SPD to come. Their advisers will be all over DEBS manoeuvres today. Personally I think suspension gives time for parties to sit down and thrash a deal out palatable to all Parties.

MA did indeed request this too. I am sure there is a frenzy of negotiations going on between SPD/ DEB/LENDERS. Going to be an interesting day. Stay calm!

MA did indeed request this too. I am sure there is a frenzy of negotiations going on between SPD/ DEB/LENDERS. Going to be an interesting day. Stay calm!

Watch...

I think so. The BOD know he won’t go away. Why not push him further? Ego and Pride now.

Surely no formal pre-pack can commence due to the above? MA will go formal now

Not finished yet. This is about to turn hostile.

WTF is wrong with this BOD?? I suspect a killer move from MA now. Still in play.

MA won’t give up. He will get this. The BOD have to engage now. Buy.

Clarified. I meant of course Offeree.

Clarified. Offered. Therefore MA’s deadline is in place

Is that precedent correct?

MA will get DEB one way or another but I fully expect him to go hostile now.