Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Hang on a couple weeks then you might be able to get the round in rather than just a pint for yourself.
2020 is calling all over again.
Bit of profit taking quite normal.
Selling now makes no sense.
Sold to who?
He has many companies and hide holes.
Wrong link :-(
This black cloud https://find-and-update.company-information.service.gov.uk/company/13382084/charges
Hopefully loaned shares coming home soon and this black cloud is sorted once and for all
https://find-and-update.company-information.service.gov.uk/company/03936915/charges
The Company will not receive any proceeds from the disposal or sale (as applicable) of such 20,997,000 Ordinary Shares.
Straight into DW's trading account is my guess.
1 As at the date of this Prospectus, TAG directly holds 250,000 Ordinary Shares, equating to 0.4% of the Company's issued share capital,
and indirectly holds, via RegTech Italy (a wholly-owned subsidiary of TAG), 59,750,000 Ordinary Shares equating to 99.6% of the
Company's issued share capital. The voting rights associated with the Ordinary Shares held by TAG indirectly via RegTech Italy are
capable of being exercised by TAG.
2 Conditional on Admission, RegTech Italy shall dispose of 20,997,000 Ordinary Shares to various third-parties that are independent of
TAG, RegTech Italy and the Company, such that approximately 35% of the listed class of Ordinary Shares will be in public hands (as
defined in the Listing Rules). The Company is not party to the arrangements to be entered into between TAG or RegTech Italy and such
independent third parties, save that the Company's secretary, OHS Secretaries Limited (the "Company Secretary") and registrar, Link
Market Services Limited (trading as LINK Group) (the "Registrar") will be instructed accordingly to amend the Company's register and
issue the Ordinary Shares in certificated and dematerialised form (as applicable). The Company will not receive any proceeds from the
disposal or sale (as applicable) of such 20,997,000 Ordinary Shares, and none of the resultant Shareholders will hold more than or equal
to 3% of the Company's issued share capital on Admission. On Admission, TAG will directly hold 250,000 Ordinary Shares, equating to
0.4% of the Company's issued share capital, and indirectly hold via RegTech Italy, 38,753,000 Ordinary Shares equating to 64.6% of
the Company's issued share capital.
Basically AZ needs cash to clear the decks and has listed one of his companies to raise the funds to do so in my opinion.
He has stood down as CEO to focus on SYME.
21 millions of the new shares have already been allocated to a 3rd party at £1 a share.
Answers on a postcard who the third party might possibly be.
Next week could be interesting.
Ironic that his namesake picks up trash and he spouts it all over here.
The RTOP prospectus is doing the rounds and easily downloadable for anyone who can use a computer.
I have a sell order in at 1.375p. Probably wishful thinking :-)
It did spike to 0.06 so anyone would have had to be quick of the mark to get filled below 0.07 but 0.08 has been the Support for last couple weeks its seems.
Bought in at 12.5 on a tip then watched it go down to 8 so a bit happier now.
Reading through posts 1p is deffo poosible here but always have an exit price and stick to it.
Just for the record the charge is between AZ's 1AF2 (TAG) and DW's White Amba.
Regtech is owned by 1AF2.
AZ has stepped down as CEO of Regtech and hired someone in so he can focus on SYME.
That is from the horses mouth in communication with another investor.
The raise from the Regtech listing hopefully gives AZ the funds to clear the decks with the loan shares and also the outstanding charge with DW.
Have a day of JC getting boring now.
39k invested and you slate your investment at every opportunity. Not sure I believe you.
AZ bought over a billion shares. Not sure any money changed hands, all clever debt financing.
Sorry but the details surrounding TF leaving I would not say were positive, necessary but not positive.
Anyone thinking we now have an extra 14mill quid in the bank needs to read the finer details closer.