Share movement

[fitbaliketheolddays 0]

Well that's up from 29% on the other page!

 

Any advance on 90% of "value"?

 

About to bid 95% on pie n chips - coke 29%

[fitbaliketheolddays 0]

Children, please.

 

The Takeover Panel requires anyone building a stake in a target company to make a mandatory bid once they have acquired more than 29.9% of a company’s share capital; this is because the Panel deems it to have effective control. The mandatory bid must be at the highest price at which they purchased shares over the last 12 months.

 

I believe the 90% reference is to the fact that if at any point along the way the predator acquires acceptances of 90% or more, it has the option to invoke compulsory purchase procedures for the remaining minority of shares.

 

Fook off - I want 30% of yer bovril or no deal - RAB has my back

[BrahimHemdani 1]

Fook off - I want 30% of yer bovril or no deal - RAB has my back

 

You could have had 100% of the salty Bovril at Kirkcaldy but I get to keep the steak pies.

[fitbaliketheolddays 0]

As I understand it - there is no real deal to the bars at Ibrox. We changed to someone we pay on delivery (i.e. upfront). That is how low Greenco have put us for new beer contract

[the gunslinger 3,366]

But if someone managed to acquire 29% then they'd only need to offer 90% of the highest shareprice in the previous 12 months for remaining shares do they not ? not a lot of money by any means is it?

Some of the institutions may now want out surely?

 

They need to offer. No one needs accept

[fitbaliketheolddays 0]

You could have had 100% of the salty Bovril at Kirkcaldy but I get to keep the steak pies.

 

As disclosed fae before, I'm fae Fife and didn't touch pies in Kirkcalds - they're made from cow brain matter still left from 2004!!!!!! Good day it was Brahim

[forlanssister 3,114]

Children, please.

 

The Takeover Panel requires anyone building a stake in a target company to make a mandatory bid once they have acquired more than 29.9% of a company’s share capital; this is because the Panel deems it to have effective control. The mandatory bid must be at the highest price at which they purchased shares over the last 12 months.

 

I believe the 90% reference is to the fact that if at any point along the way the predator acquires acceptances of 90% or more, it has the option to invoke compulsory purchase procedures for the remaining minority of shares.

 

I know what Rule 9 is but others seem to have difficulty with it. The "mandatory" part is a bit of a misnomer as it's easy enough to gain a dispensation as a look across the city demonstrates, I imagine anyone finding themselves over 30% as a result of the impending rights issue will be granted one if they so desire.

[Hildy 0]

I know what Rule 9 is but others seem to have difficulty with it. The "mandatory" part is a bit of a misnomer as it's easy enough to gain a dispensation as a look across the city demonstrates, I imagine anyone finding themselves over 30% as a result of the impending rights issue will be granted one if they so desire.

How much of Celtic does Desmond own?

[RANGERRAB 3,668]

How much of Celtic does Desmond own?

 

They're three companies remember. Shellik plc, Shellik fc ltd & the Shellik football and athletic company ltd.

[der Berliner 3,744]

db - I cope with my REAL woman from Duisburg's ignorance of "soccer" but sometimes lurking here, I see you as troll and winding. Last time at Ibrox you sat where?

 

Speaking about glass houses and stones ...

In Internet slang, a troll (/ˈtroʊl/, /ˈtrɒl/) is a person who sows discord on the Internet by starting arguments or upsetting people, by posting inflammatory, extraneous, or off-topic messages in an online community (such as a newsgroup, forum, chat room, or blog) with the deliberate intent of provoking readers into an emotional response or of otherwise disrupting normal on-topic discussion.