Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'm glad that you did post TC because I wouldn't have known anything about this otherwise. Do you know what this dispute is about? Panda provides waste management solutions to over 12,000 commercial customers, ranging from small shops to large national enterprises, on a weekly basis all over Ireland.
Craven House Capital Plc ("Craven House" or the "Company") $2,500,000 Convertible Loan to Hotel Yiannaki, Mykonos and Issue of Equity The Company today announces that it has provided a $2,500,000 convertible loan (the "Loan") to Xenod Tour Oikod Epeix Afon Daktylidi AE ("Xenod"), a Greek holding company whose sole asset is the Hotel Yiannaki; a 45 room, four-star hotel, located on the Greek Island of Mykonos. The loan has a term of five years and, upon maturity, is convertible for up to 30% of the equity of Xenod. The Loan has been provided utilising the proceeds of a simultaneous share subscription by Xenod, for 205,423 new Ordinary Shares in the Company priced at $12.17, amounting to an aggregate subscription of $2,500,000. Xenod will utilise the proceeds of the Loan to strengthen its balance sheet and provide capital to undertake expansion of the Hotel Yiannaki, which they believe will enhance the profitability of its operations. Application has been made to the London Stock Exchange for the new Ordinary Shares to be admitted to trading on AIM. Admission is expected to take place on 2 September 2016. The shares will rank pari passu with the existing issued ordinary shares. Mark Pajak, Acting Chairman, commented: "We are delighted to announce this investment in what is an outstanding, profitable hotel operation on the popular Island of Mykonos." Following the issue of the new Ordinary Shares, the Company's total issued share capital will consist of 2,044,362 ordinary shares with each share carrying the right to one vote. The Company has no ordinary shares held in treasury. The total of 2,044,362 ordinary shares may therefore be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Emma Burrows was down as 7% last time but her name has gone and Amber Fortress has appeared at 7.3%. I'd assume she must be related to them in some way but I don't know how we could confirm that. You can see the previous shareholder list further back in the thread I replied to when Karina posted it on 2nd August. Everything else is identical. No idea why some seem to need RNSing and others don't or why they all don't have to be as soon as they invested. It's been disappointing seeing us slide back after the re-organisation which up to now has to been a bit of a disaster liquidity wise. Hoping that we must have substantial news soon which picks up interest.
Not a huge change but noticed the shareholder list was updated on Friday. Emma Burrows has now changed to Amber Fortress Sal by the looks of things. Sal is a Lebanese company acronym, very strange collection of countries these investments are coming from now. They've also added 0.3% since the last update. Not much of an addition but I'm glad they've been adding in the market seemingly. The I identity and % shareholdings of the significant shareholders (as defined in AIM Rules for Companies): Roy Nominees a/c 535336 15.8% Desmond Holdings Ltd 14.5%** Vidacos Nominees Ltd 9.5% Zhong Zhou United (HK) Ltd 7.8% Amber Fortress s.a.l. 7.3% Intelligent Building Systems Pty Ltd 6.9% Ferlim Nominees Ltd 3.9% **Connected to Mark Pajak, Non-Executive Director
Good find Jarnold, in that case hopefully he is barking up the wrong tree. They definitely have a vendetta against CRV but I like to read any articles on CRV anyway just to make sure I'm not ignoring anything. I have to say I think the big potential is in the future investments anyway rather than the current ones which we don't hear much about.
Hope that this matter is clarified. http://www.*************.com/views/23060/craven-house-capital-simple-question-does-your-largest-investment-still-exist
Very good post TC. I'm not familiar with this SETS system so I don't know how putting orders in works? Day 1 after the organisation I saw some orders placed not by MMs. If you can set a price and it appears on L2 maybe it's possible to trade not at these awful prices. Someone sold 2000 shares at 8.5 earlier.
It's just due to the MMs Scargs. On L2 CFEP were at 11 on the ask but they've now all but left the action on us. WINS are next at 13 on the ask hence the rise. In reality it's just an opening of the spread rather than a proper rise. Since we have had the reorganisation the spread has been pretty shocking for the most part which I think has caused the lack of liquidity. Need some news to get us going, preferably the $150m.
Great spot there Karina. Can't really find anything on any of the new entries with a very quick search but it does look like we really are building a global shareholder base here now. Evan and Desmonds don't seem to have changed holdings by my calculations this time.