Member Info for tomcat-14

daily acceptance level reports are required in the last 7-days leading up to day 60…

they are giving 20 business days notice for the cancellation… (see page 50)…

ganfeng will procure that bcn makes a regulatory announcement when the necessary 75% threshold has been reached confirming the anticipated date of cancellation… (de-list off aim and re-register as a ltd co)… there’s another tot up also on the 22nd… so thursday if not before…

correction to my post below… they don’t need to actually execute the offer now/yet… declaring it unconditional means those who have accepted the offer are now locked in and ganfeng must now purchase those shares for the price offered… effectively giving ganfeng shareholder rights over all shares accepted…

assuming the offer becomes or is declared unconditional in all respects and subject to any applicable requirements of the aim rules… ganfeng intends to procure the making of an application by bcn to the lse for the cancellation of trading of bcn shares on the official list and for the cancellation of listing of bcn shares on aim…

what… on 22dec2021… i doubt it… it has to be related to the zinnwald distribution…

what’s it mean…

nice big buy… out of interest… what happens to shorts in this situation… do they have to close out before the shareholders who’s shares they borrowed get paid…

16dec… day92*… 172,931,513acceptances… 1,879,690/day…
75% rns should be monday at this rate… but it does seem to have dried up since the previous acceptance update… only the hard core left…

ganfeng confirms that:…
pursuant to rule 31.4(b) of the code… it is anticipated that the suspended timetable for the offer will resume on the date on which the mexican antitrust clearance condition is satisfied or waived… it is further anticipated that such date will be the 28th day prior to the new day 60; and…
pursuant to rule 31.4(d) of the code… following resumption of the offer timetable in accordance with the code… ganfeng will make an immediate announcement confirming the new day 60…

a suspension of the offer timetable will end in one of the following three ways…
automatically… following the satisfaction or waiver of the last condition relating to a material official authorisation or regulatory clearance (with the day on which the suspension ends and the offer timetable restarts being known as “day 32” to ensure that there is sufficient time for the target to prepare to announce any material information… which it must announce before day 39 so that target shareholders have 21 days to absorb such information before day 60);…
they were anticipating that the offer would resume at t-28days once macc1 was obtained… but haven’t said so in today’s rns’…

personally i can handle them keep nagging at me to accept the offer… never gonna happen… but it’s their threats and bully boy tactics to de-list that doesn’t sit well with me… and if they do need to go that way… fingers crossed… then the value my shares will instantly increase at least 5 fold at that point… just hope they don’t get up to 82.22% before they have to close this offer… when are we having day60… 14jan???

yep… it’s a bit like a marathon… the last few steps to get over the line are the hardest…

except today is the record date… the ex-date… ex-distribution date… ex-dividend date… is next monday… so you have until then to buy bcn shares and receive the zinnwald distribution…

are those cfd accounts… you don’t hold shares if so… so no need to accept…

the cash offer will remain open for acceptance until further notice…

no cash… just zinnwald shares…

record date… 17dec…
ex-date… 20dec…
distribution date… 22dec…
merry christmas from ganfeng and the bcn bod… lol…

wrong date sorry… *11nov = 03dec…

acceptances required to delist @75%… 4,243,466…
acceptances required to revert to a scheme @82.22%… 31,978,728…
acceptances required to cpo @90%… 61,865,201…
non-ganfeng shares still in market… 100,279,691… (26.10%)…