Member Info for tomcat-14

bcn shares in issue… 384,144,901… (100%)…
ganfeng’s holdings… 110,933,697… (28.88%)…
valid acceptances since 11nov… 3,660,391… (0.95%)…
total valid acceptances… 172,931,513… (45.02%)…
total… 283,865,210… (73.90%)…

but not yet resumed… so still no day 60… instead… the offer will remain open for acceptance until further notice…

50% is the acceptance condition…

do they generally decide on the day… would be good timing if they do… t-15days…

embarrassing really… what a joke…

interesting… i’ve read many posts on lse claiming that these duplicate trades are rollovers… they’re cfd’s… which could be long or short…

looks like they’ve just published the haul in the public diaries…

surprising how the sp can drop with such high value buying… but there are two trades booked in for this rns form 8.3… one last night and one booked in today… do these cfd’s have a sell/buy affect of some sort… who owns these shares they’re cfd’ing…

you’re right… in order to delist… they will need to execute this offer and buy up all the shares from those shareholders who have accepted it… so that they can then use them to vote on a resolution to delist…

they haven’t got 75% yet… which surprises me to be honest… maybe they’ll do another tot up over the weekend…

you can’t expect ganfeng to pay you more than their 1st offer… if you don’t think this is a buy / strong buy at this sp… can you…

nothing yet… we wait and see when they resume the offer… how many acceptances they have… and decide what to do then… if they don’t get 82.22%… or 90% even… by that time…

today is t-21… the last day to announce to us any material information…

the offer is not provisional only… it’s already passed the unconditional acceptance threshold 50%… no going back from there… if they don’t have macc1 by the current long stop date ganfeng will be expected to waive it… or… if it is necessary for them to obtain macc1 and cannot be waived… the bidder and target will need to agree to an extension to the long-stop date… ganfeng cannot just lapse this offer now… not without consent from the panel… why would they anyway… it’s the steal of the century…

06oct… day21… 983,337acceptances… 46,826/day…
13oct… day28… 986,337acceptances… 35,226/day…
20oct… day35… 1,075,361acceptances… 30,725/day…
27oct… day42*… 53,652,640acceptances… 1,277,444/day…
03nov… day49*… 53,652,640acceptances… 1,094,952/day…
11nov… day57*… 106,453,356acceptances… 1,867,603/day…
03dec… day79*… 169,271,122acceptances… 2,142,672/day…
should be at 75% by now… 75% rns tomorrow/friday…

looks like it… when do you guys get your shares back…

in the big brother house… will they or won’t they… have macc1…

sorry… shuffle that around a bit… *extended not waived…

looks like it will either be waived… to give them the time they need for macc1… cough 82.22%… or the long stop will be extended… until they get to 82.22% lol… https://www.sullcrom.com/files/upload/sc-publication-changes-to-UK-takeover-code-most-significant-in-a-decade.pdf …

it’s the subject of this other thread…