Member Info for Yorek

4th RNS for Brian Kennedy.

I had his previous share as 2.8%. Now 3.11%.

QIA and Sanders completed on 15th, so bought in the raise.

This is doing nothing for my anger at the THG directors, who clearly widened the goal posts to be able to buy in bulk, rather than buying in the market and helping the share price to recover. Disgrace.

When are we likely to see holdings announcements? Is there a timeframe?

When you see these headlines, you can see the value to Frasers of more than just Ingenuity:

“Frasers Group snaps up ‘significant’ stake in African fashion distributor Hudson Malta

Frasers Group has acquired a stake in premium sport and fashion retail and distributor Hudson Malta as it continues its international expansion.

The Sports Direct owner has purchased a “significant non-controlling shareholding” in the Malta based business that operates across 36 African countries.“

https://www.retailgazette.co.uk/blog/2024/10/frasers-group-hudson-malta/

“Myprotein launches range of high-protein lunch pots.

Sports nutrition brand Myprotein has launched new high-protein lunch pots into Tesco stores across Ireland.”

https://www.foodbev.com/news/myprotein-launches-range-of-high-protein-lunch-pots

Do some more research on Applied Nutrition and you’ll find their profit details, which will help you understand the valuation

They reach your account and become tradable tomorrow

Retail shares are the only ones that can be sold as I under it, the rest are locked in for 90 days. So why would another buy in Thursday to sell at a loss on Tuesday?

“In addition, retail investors have subscribed in the Retail Offer via PrimaryBid for 11,048,864 Retail Offer Shares at the Placing Price raising gross proceeds of approximately £5.4 million.

“Analysts forecast the remaining company’s equity value to sit just above the £1.1 million mark, reflected through a new share price target of 83p, with a ‘buy’ rating also being reiterated.”

Seriously? This is the value for nutrition and beauty?

Think you need to input your email address to view it:

https://stream.brrmedia.co.uk/broadcast/67068e9c5c401b3f38830f49/6708d5e24bc44db2fec1283d

Thanks BAZGTR530; appreciate you taking the time to explain

Thanks ThetaDecay. That helps.

Just now trying to understand whether the owner of the shares needs them all in their account at the time of the demerger to get their full entitlement I suppose…..but based on your help, that may not be the case.

Just heard from HL. This is the relevant bit of their reply:

“We're waiting confirmation of the details before we'll be writing to shareholders. However if the shares are not listed on the stock market e.g. private, then it would not be possible to hold these within your HL Accounts.”

So, I won’t be able to hold Private Ingenuity shares in my SIPP, ISA or Trading Account with HL.

This is feeling more and more like stitch up, unless the circular will outline that you will be offered your pro rata share of Ingenuity shares, based on your current holdings with HL, but you need to pay for them in a separate transaction and hold a paper certificate.

On the topic of shorts, if someone with a short position has borrowed the shares from a holder, does the short need to buy them back and return them, for the holder who bought them in the first place, to get their rights/allocations in December? Having never shorted, I don’t know how it works….

Agreed Cong. But I’m assuming that Frasers will say they want more Ingenuity shares and trade their RemainCo holding to get them

Forgot article link: https://www.thegrocer.co.uk/comment-and-opinion/crunch-time-for-doritos-as-pepsico-bites-the-bullet-on-hfss/696503.article

I see Doritos, owned by PepsiCo, have reduced their salt content by using flavour enhancers - monosodium glutamate and disodium guanylate are named……

Cong, I don’t think anyone knows where we stand with a SIPP OR ISA for sure. Let’s see what HL say. Not heard anything yet.

Roxi, who is your SIPP with? Have you confirmed with them that you can hold private shares in the SIPP? Even if you can transfer ISA holdings into a trading account, you won’t be able to do that with a SIPP. I suppose there’s an outside chance if you’re over 55, but definitely not under.

Thanks Redacted. That’s an interesting take, thank you. Let’s hope HL advise something similar. Appreciate you sharing.