Member Info for woodyjohn40

Yes it is confusing, below is a paragraph from the RNS. So this says "ITS Holdings 2023 Ltd" are the Target and they own In the Style Fashion Ltd.

I’m not 100% but "ITS Holdings 2023 Ltd" are the RTO business. Do you agree ???

The Board of Iconic is pleased to confirm that it has now entered into non-binding heads of terms with the owners of ITS Holdings 2023 Ltd (the "Target"), the holder of the entire issued share capital of In the Style Fashion Ltd, an online fashion retailer, in connection with the potential purchase of the entire issued share capital of the Target. The proposed transaction is, inter alia, conditional on the completion of legal and financial due diligence on the Target.

Gb, i believe you are looking at ITSARM PL, but it is "IN THE STYLE FASHION LIMITED"

Company number 08792519, that is the RTO subject.

Website has bee update, so the BOD are working hard in the background, those selling today will be crying to get back in, fools if you ask me, I’m not selling a bean.

This is on companies house website , does anyone know what this Comfirmation statement is. ?

Which is due by tomorrow. ?

Confirmation statement

Next statement date 23 May 2024

due by 6 June 2024

Is it any different after being down ?

1 million, that will without a doubt make you a very wealthy person very soon if you hold on to them.

Aimo

Sorry, i should say, the quantity of the bids versus offers (buys V sells) on Level 2

It’s just the bids versus offers (buys V sells) on Level 2

Brighty1, great post, fingers crossed it happens.

Gla

Notice that at the expiration of three months from the date of the notice the name of the company mentioned in it will, upon its own request, be struck off the register and the company will be dissolved.

So ITS will have a maximum of three months from the date of the notice to be taken over (RTO) by icon or they will be struck off the register at companies house,

M308.

I think you are bang on correct , I suppose we will never know what has been happening in the last year behind the scenes, discussions, planning, deal making, new prospectous agreed, hopefully all is nearly completed, I could do with a RNS to cheer me up.

As we all know iconic’s share trading was suspended due to an unusual increase in trading volumes, possibly due to a leak.

That was on 29 February 2024 when the RNS stated it was in RTO talks, but we don’t actually know how long prior to this date that negotiations had been going on, so we could have already overrun the expected 3 months for an RTO.

all my own opinion, I could be completely wrong.

This will soon be Sareum.

Fingers crossed GLA

10 weeks now since trading was suspended, surely we must be close to an update.

Kats,hagger I was replying to Rewardmoor. You know sod all, nob head.

Rewardmoor.

Talking about ASOS, I’m invested in Iconic labs which is in the middle of a RTO with the online fashion retailer ITS ( IN THE STYLE ) I’m truly hoping ITS will be the next ASOS. Sorry to go off topic.

M96, a female dog😂

m96, ***** 😂

It would be great to see Iconic trading again but under the new name of ITS.

I can only imagine the future profits increasing, helped by the introduction of the new swimwear range.

It would be nice to put the disastrous history of iconic behind us and focus on what could be a very profitable investment.

Good luck everyone.

If it does go private, where would that leave the shareholders ?