Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
https://www.valuethemarkets.com/2019/05/23/could-an-undisclosed-concert-party-at-management-resource-solutions-be-forced-to-make-a-takeover-bid-mrs/
https://www.dailymail.co.uk/money/markets/article-7066723/SMALL-CAP-MOVERS-Management-Resource-Solutions-chairman-claims-pyrrhic-victory.html
https://www.valuethemarkets.com/2019/05/24/explained-the-argument-for-a-mandatory-takeover-bid-for-management-resource-solutions-rule-9-of-the-takeover-code-mrs/
If a concert party is recognised 2 options 1) Takeover offer at 6.5p 2) if they can’t do that they will have disqualify their shares from voting - the proportion over 30%.
Price is incorrect as offer price would need to be 6.5p due to highest price paid in last 12 months.
https://mobile.twitter.com/Smudgedann/status/1130747382713540609
Trout - that is correct. Voting closes on Thursday the 16th but for shares to count they must be settled which is normally done on T2 (2 working days).
Today is the last day for anyone thinking of topping up to buy participate in the voting. Any small or large top ups will contribute significantly to the final outcome.
The takeover panels is currently looking into the concert party issue. Please note they will not comment/advise on this until they have completed their investigation.
ii brokers close voting on the 16th of May. Hence please vote ASAP if you haven’t already done so.
If your on twitter please contact me
https://mobile.twitter.com/SSV1111111
Andy- are you in twitter? Please email me and I will forward proxy form. Surjeet.singh at hotmail co uk
Wonder why they didn’t put the Q&A up? As they were making a live recording?
It won’t be posted as the BOD took a total bashing from the shareholders in the Q&A. BOD made a swift exist except JZ who had already put his notice in.
Big week coming up here. If you can please try and attend the investors meeting on Thursday in central London. (That is If BOD don’t cancel). The more support the better. Time period for the BOD to call EGM is also coming to an end soon. Hold onto your shares tightly as we begin to enter into this crucial period.
Spratt - these crooks will be defeated in the next vote. However this does currently provide a excellent opportunity to buy or top up,
Agreed - don’t be complacent. If you can - top up as this is a great price to buy in. Once Zorbas removed totally different ball game.