Member Info for trs151

I am surprised that there has been no mention of the passing of Lord Kalms on 30th March 2025

Comparing sp of AO to Currys needs to be adjusted to equalise the difference in volume of shares to
Market Cap. With equal shares you would see AO @ approx £0.38 or alternatively Currys would be approx £1.16

Those 43m are UT generally meaning a 50/50 split between bought/sold

To be fair he has only sold half of his option excise , (probably for tax purposes.) His total holding has increased by the balance.
Also bear in mind in his position there is a very limited window in which he can transact either buy's or sell's

Yes this is name changed from dc, as nearly all outlets are now under the Currys brand

Thanks

First time involved with a RTO are the warrants in addition to the consolidated shares i have

True but my point is until they have been admitted they cannot be recorded on the exchange as having been sold and have any effect on trade volumes or sp.

Its nice to see a broker upgrade admitting that Dixons are more than just phones.

Why crap

Warrants can always be sold privately which would not affect the sp.
However the RNS states that they have been requested to be exercised for new shares which will increase the number of shares in issue after admission. These shares cannot be bought or sold until they have been officially accepted and admitted onto the exchange.

Just to clarify the Warrants are effectively options to exercise into shares at a set price irrespective of the current sp , as in the RNS 650k were at 20p and 77k at 32.2p . the shares cannot be traded on the exchange until after they have been admitted. Even if the sp went up to over £1 there could be further warrants exercised at 20p , 30p etc.

Although the Warrants exercise were announced on the 23rd they will not be admitted to the stock exchange until the 29th which is when the slight dilution of existing holdings will take place as they are brand new shares.

This is only updating the current arrangement agreed at last years AGM . Authority only last from AGM to AGM.

DC closed in 121st position today. Review tomorrow will mean demotion from ftse100 when new trading starts 20th March.

Any ftse 250 trackers buying would be more than offset by ftse 100 trackers selling if they haven't already sold.

My comment of at the bottom was in relation to our position in the ftse 100 we are in actual fact below the automatic demotion level for the review next week.

The FTSE 100 is reviewed quarterly and at the present sp / market cap DC is at the absolute bottom. There are about 10 FTSE 250 companies with a higher market cap than ours so I see a real danger of being demoted.

At close on Friday 17th with sp @ 301p DC was in 118th place on Ftse which would normally mean automatic demotion. So unless there is a significant uplift before the 28th we could be dropped.

February is one of the few times any DC director has to be able sell shares. It has to be at least 60 days prior to any end of year figures, and 30 days prior to any trading announcement. One possibility for the timing is any self assessment tax due at the end of January.