Frankie 8,562 Posted November 22, 2013 Share Posted November 22, 2013 As you were... 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,562 Posted November 22, 2013 Author Share Posted November 22, 2013 Try and make sense of this mumbo jumbo... The Company announces that it was notified today that on 21 November 2013, Beaufort Securities ("Beaufort"), an FCA registered company, sold 3,328,673 ordinary shares of 1 penny each in the Company ("Ordinary Shares") on behalf of unnamed clients (each of whom held Ordinary Shares equal to less than 3% of the issued share capital of the Company) over which Alexander Easdale had voting rights. Beaufort also purchased 3,040,000 Ordinary Shares on behalf of unnamed clients (each of whom hold Ordinary Shares equal to less than 3% of the issued share capital of the Company) and has assigned the voting rights over those Ordinary Shares to Alexander Easdale. No Ordinary Shares were bought or sold by Alexander Easdale in these transactions. As a result, including the Ordinary Shares held directly by Mr Easdale, being 2,842,957 Ordinary Shares representing 4.37% of the issued share capital of the Company, Mr Easdale now holds voting rights over, in aggregate, 12,352,666 Ordinary Shares representing 23.34% of the issued share capital of the Company. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted November 22, 2013 Share Posted November 22, 2013 Now this is a very interesting development indeed! Quite a few ramifications as well, but the first thing that springs to mind is how the toxic PR machine tried to spin this as positive news for the current incumbents and bad news for McColl & co, when it's nothing of the sort. The only thing that's bad for McColl & co is Laxey jumping down off the fence and saying they'll support the status quo. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted November 22, 2013 Share Posted November 22, 2013 Try and make sense of this mumbo jumbo... Dodgy bastards! 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,562 Posted November 22, 2013 Author Share Posted November 22, 2013 Clear as mud: Beaufort sell 3m shares to Laxey on behalf of people that own less than 3% and then buy 3m shares on behalf of people that own less than 3%. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted November 22, 2013 Share Posted November 22, 2013 Green & Mather ? 0 Quote Link to post Share on other sites More sharing options...
blueflag 386 Posted November 22, 2013 Share Posted November 22, 2013 I was just going to ask if someone could translate that shit.. what the hell does that even mean.. 0 Quote Link to post Share on other sites More sharing options...
compo 7,030 Posted November 22, 2013 Share Posted November 22, 2013 the head spins I am to old for all this 0 Quote Link to post Share on other sites More sharing options...
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