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DTR 5.8.3 continued:
(1) learns of the acquisition or disposal or of the possibility of exercising voting rights, or on which, having regard to the circumstances, should have learned of it, regardless of the date on which the acquisition, disposal or possibility of exercising voting rights takes effect; or
(2) is informed about the event mentioned in DTR 5.1.2 R (2).
And for the purposes of (1) above a person shall, in relation to a transaction to which he is a party or which he has instructed, be deemed to have knowledge of the acquisition, disposal or possibility to exercise voting rights no later than two trading days following the transaction in question and where a transaction is conditional upon the approval by public authorities of the transaction or on a future uncertain event the occurrence of which is outside the control of the parties to the agreement, the parties are deemed to have knowledge of the acquisition, disposal or possibility of exercising voting rights only when the relevant approvals are obtained or when the event happens.
DTR 5.8.3:
The notification to the issuer shall be effected as soon as possible, but not later than four trading days in the case of a non-UKissuer and two trading days in all other cases, after the date on which the relevant person:
So we could be seeing a TR1 very soon then?
The technicals look super strong.
We have found support and previous resistance levels of 16p through 2020.
We are now bouncing and we are set to test 2 year highs.
If that breaks, there is very little charting resistance to 35-40p
Ocelot - you said what I was going to. 6 month closing high, so technichals say it goes higher tomorrow.
I see today’s RNS as a de risk, we now know that the finance is achievable. Both parties are happy with the terms - just a case of waiting for the RNS confirming it’s been signed. So fundamentals have changed today also, for the better.
Plus we have a large institutional buyer in the back ground.
When you combine all 3 it’s makes a strong investment case