Member Info for tomcat-14

i know… subscription only…

who are the two officers…

how many shares have they issued ev…

sorry… missed the previous… a few coming in unsure where they’re going…

i know… with dev ore…

#2... medi brisbane... arrived at nantong this morning... 7weeks from santana…

kaiwo maru?… when is u berthing…

iwagi is picking up 30kt of spc for caramuru… docking on tuesday…

3 possible candidates for the watch list…
althea… due on the 3rd july…
dioni.gr… due on the 4th…
captain andreadis… due on the 5th…
place yer bets…

zwld only owned 50% of zinnwald…
zwld now own 100% of zinnwald…
bcn owned 44.14% of zwld… 44.14% of the 50% zwld owned of 100% of zinnwald…
bcn now own 35.52% of zwld… 35.52% of the 100% zwld own of 100% of zinnwald…
it’s not rocket science…

* november 2021…

bcn can’t dispose of any of their znwd holdings until november 2022… they’re subject to a 12 month lock-in period… under aim rules…
as for having been diluted…
they’ve effectively increased their interest in zinnwald from…
44.18% of 50% = 22.09%… to…
35.52% of 100% = 35.52%…
an increase of 13.43%… how is that dilution…

very important to note…
that… * a vote withheld is not a vote in law and… accordingly… is not counted in the calculation of the proportion of votes "For" or "Against" each resolution…
maybe that’s why that vote was low… shareholders had been duped into believing fake information…

there’s a link in my earlier post today 09:12… that demonstrates exactly what happens… and how few of the total shares need to vote to make it happen… (the acquirer in that instance held 0% of the target shares before making an offer)… and still only 42.65% of the eligible shareholders voted… on such a hugely important issue…

based on a 50% turnout of eligible voters…
384,144,901 bcn shares in issue…
110,933,697 gfl shares (28.88%)…
273,211,204 total eligible bcn scheme shares…
50% of these turnout to vote…
136,605,602 voting scheme shares…
75% votes ‘for’ are required…
102,454,202 votes required ‘for’…
25%+1 votes ‘against’ are required…
34,151,402 votes required ‘against’…
~8% pi’s have already pledged to vote ‘against’…
30,731,592 votes pledged ‘against’…
3,419,809 additional shares needed to vote ‘against’… to block the bcn daylight robbery…
nearly there so keep buying on these dips…
and it’s important to get onto your nominee account holders to clearly instruct them that you wish to vote on all your shareholding’s on all your interests as an ongoing default instruction for you share accounts… to ensure that your pledged votes will count…
the numbers will change if the turnout is more or less than 50%…

it’s clearly worked out from votes cast for / against… from which they need 75% votes for… and it’s also clear that only 43.3% of shareholders voted on that particular one… which is scandalous…
at least now i know what i originally thought was right… thu 19:02… is right…

here’s one that someone made earlier… should help… https://www.lse.co.uk/rns/SXX/results-of-court-meeting-and-general-meeting-y5ehg03tcme9h14.html …

https://www.thetakeoverpanel.org.uk/wp-content/uploads/2008/11/code.pdf …
it’s no wonder ganfeng got them to redom to the uk before investing… we make it so easy for them to do this…

it’s 5(b)(i) to start with… for the vote on the resolution for of the scheme of arrangement at the agm / egm…

at an agm / egm…

5(b)(i)… # shares voted and the % of those shares voted for / against… (normal protocol really)… ganfeng shares are excluded from this count… so this count could be classed as the scheme shares… none votes are excluded from the count…

then / or… at any court convened meetings…

5(b)(ii)(a)… # shareholders voting and the % of those shareholders voting for / against… ganfeng would be excluded from this count…

5(b)(ii)(b)… # shares voted and the % of those shares voted for / against… ganfeng shares would be excluded from this count… so this count could be classed as the scheme shares…

5(b)(ii)(c)… # shares voted and the % of the total issued share capital voted for / against… ganfeng shares are included in this % of total issued shares count… so this cannot be classed as the scheme shares…

from appendix 7 of the code…
5(b) as soon as practicable after the votes on the relevant resolutions at the shareholder meetings and… in any event… by no later than 8.00 am on the business day following the shareholder meetings… the offeree company must make an announcement stating whether or not the resolutions were passed by the requisite majorities (and… if not… whether or not the scheme has lapsed) and giving details of the voting results in relation to the meetings…
including:…
(i) in the case of any general meeting of the offeree company convened to consider any resolution to approve or give effect to the scheme… if a poll was taken… the number of shares of each class which were voted for and against the resolutions and the percentage of the shares voted which those numbers represent; and…
(ii) in the case of each court-convened meeting:…
(a) the number of shareholders of the class who voted for and against the resolution to approve the scheme and the percentage of those voting shareholders which those numbers represent;…
(b) the number of shares of the class which were voted for and against the resolution to approve the scheme and the percentage of the total shares voted which those numbers represent; and…
(c) the percentage of the issued shares of the class which the shares voted for and against the resolutions represent…