Member Info for SWLC

Qube took their chance again with extra 100m placing shares into the market at 7p since last Thursday.

GGP did a 1-for-20 share consolidation last year, so it was not penny to pound actually, like 500% increase. GAL can do the same hopefully from this level.

We may have a surprise farm out agreement announced sooner than you expect.

On 15 December 2025, the Company announced that it has elected to pay (i) the final quarterly principal repayment

of US$2.45 million and (ii) the quarterly interest payment of US$24,500 (collectively, the "Quarterly Repayment")

in respect of its senior unsecured convertible bonds issued in December 2021 to a fund advised by Heights Capital

Ireland LLC, and due December 2025, through the issuance of new shares. Pursuant to the terms of the Convertible

Bond agreement a total of 10,520,833 new ordinary shares (the "New Ordinary Shares") were issued in full

settlement of this Quarterly Repayment on 19 December 2025 . After settlement of this final Quarterly

Repayment, the Convertible Bond has been repaid in full, with principal outstanding having been reduced to nil.

Good that the company paid off the convertible bonds with shares at £0.17. What a smart move.

The warrants have not finished. The company has the ability to issue a further 13,225,334 Prepaid Warrants shares and 235,325,000 Cash Warrants shares under this block listing facility, subject to the exercise of such warrants during the warrants' period to expiry.

At this price, the cash warrant holders may be hesitated to convert into shares.

On their website it states that:

The company’s total issued share capital consists of 83,095,927 ordinary shares (there are no treasury shares). There are no restrictions on the transfer of the company’s ordinary shares.

Last updated on 5 November 2025.

How many are left to be converted, cash or prepaid?

FIL probably knows better as they have increased their holding to 12.4%, they are not expecting a NO vote.

Sparta Capital Management Ltd has increase their long positions, looks Yes vote on the way.

Yes vote confirmed?

A bit by the close.

So why FMR and some other IIs have been buying and increased their holding substantially, what story can you tell for that?

Have increased their holding just less 14.5% combined.

Do your vote count if you sell today?

Walleye Capital LLC reduced to zero from 1.21% on 30th of Oct, not sure how they managed to close that short as the shares were still suspended.

The deadline from HL is 2pm today, you should have received an email from them giving instructions to vote. If not, check on Shareholder meetings

options on the page of your HL account.

Holds 1.65% long positions via CFD on 10th of Oct.

Where did you get the latest short positions? The institutions are holding both long and short positions for hedging their risks.

Walleye Capital LLC reduced to zero from 1.21% on 30th of Oct. FCA investigation is not part of offer conditions and they have allowed the company to restored trading.

Can't understand why people keep saying the offer can be reduced, better do some research before posting. Also the short has reduced from 4.09% to 2.88% up to 6th of November.