Member Info for SPC32

It dropped to high 70’s with ITP news expected and air travel demand exceeding capacity.

15%-20%

If ITP doesn't complete then it will be a bloodbath for sure.

They've dug the tree out, chopped it up and dried it out for fire-wood, stump ground the root and put weed killer down for good measure.

I'm crossing things that weren't ever meant to be crossed.

I hope you're right as any delays will almost certainly result in a bloodbath for the share.

So, we're another day closer to ITP finalisation or another day closer to it being delayed? Which do you think it will be?

According to https://www.cronicavasca.com/tag/itp-aero things have been left a little late so there is every chance it could be delayed as a result.

No pay rise for 3 years, just put it on the basic and forget about the lump sum. If they can afford to do it for Warren, they can afford to do it for the employees.

Think positive, Warren East will be gone in a few months, £4million per year for this.

Same place the money comes from to pay Warren East £4million per year.

The Union and members want a pay rise without the lump sum, not both.

Translated from cronicavasca.com, doesn't fill me with hope that it will be finalised by end of H1.

"It was difficult for the schedule to be so tight in a two-year operation, but the reality is that it is. There are barely 11 days left to close the purchase of ITP and Bain Capital has not yet completed the consortium so that 30% of the shareholding of ITP Aero is in national hands. The entry of Indra has been the way to close the consortium for half a year , but the necessary movements to enable this path have only begun to take place in the last month, before the shareholders' meeting on June 23.

Faced with the more than probable possibility that the changes at Indra will not arrive before the end of this month, sources familiar with the process tell 'Crónica Vasca' that they are already working with a dual calendar . On the one hand, there will be the authorization of the purchase, of which both Rolls-Royce and Bain Capital hope that the Government will grant it in one of the next two councils of ministers before June 30: on the 21st or on the 28th. On the other hand, if Indra does not manage to work the miracle of changing the balance of forces on the board of directors in the days that remain, Bain reserves the possibility of enabling other windows of opportunity for Marc Murtra's company to gain access to the shareholding of the Basque manufacturer of aircraft engines."

We're already 1 year into the 2 year recovery.

This is the 3rd offer.

It’s Rolls-Royce, that’s what it does.

It’s not really, look at the deal in real terms. Once the lump sun is gone, (nowhere near 2k after deductions) the wage is only 4% higher with inflation exceeding 11%. If the execs can afford to be paid millions per year + shares for delivering nothing to warrant that then they can equally afford to pay the 9% to salary.

The ITP finalisation is either getting extremely close to happening or extremely close to not happening, I think that uncertainty is the reason for the almost daily price swings.

Wouldn’t read too much into it, it will likely be back at 87p tomorrow.

Let's hope that economista.es article from last week regarding potential delays was just based on rumours as we don't want any delays and need it finalised ASAP, but at worst on time so we can kick-on.