the gunslinger 3,366 Posted October 2, 2014 Share Posted October 2, 2014 how very depressing 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted October 2, 2014 Share Posted October 2, 2014 Regarding why Ashley didn't invest in the Open Offer, it's possible that he was in discussions with HH about buying them out and if he had taken up his entitlement in the Open Offer to maintain his percentage shareholding at that point, then buying the Hargreave shares afterwards would have then taken him just over 10% shareholding. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted October 2, 2014 Share Posted October 2, 2014 Once again, the UoF has been re-raised. If this doesn't provoke another backlash from the match-goers, then I can't see any scenario that will. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted October 2, 2014 Share Posted October 2, 2014 Regarding why Ashley didn't invest in the Open Offer, it's possible that he was in discussions with HH about buying them out and if he had taken up his entitlement in the Open Offer to maintain his percentage shareholding at that point, then buying the Hargreave shares afterwards would have then taken him just over 10% shareholding. Not taking shares via the Open Offer but instead taking from Hargreave Hale was by far the smarter option, Kingoco simply outmaneuvered. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 2, 2014 Share Posted October 2, 2014 Once again, the UoF has been re-raised. If this doesn't provoke another backlash from the match-goers, then I can't see any scenario that will. very true. if people don't realise there's only one way to force them out now then we are i real trouble. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted October 2, 2014 Share Posted October 2, 2014 Not taking shares via the Open Offer but instead taking from Hargreave Hale was by far the smarter option, Kingoco simply outmaneuvered. Agreed, but like I say, if he'd taken up his basic entitlement in the Open Offer, then this tranche of shares from Hargreave would have taken him over 10%, so that might explain why he didn't participate in the Open Offer at all, even just to maintain his percentage. 0 Quote Link to post Share on other sites More sharing options...
Tannochsidebear 2,429 Posted October 2, 2014 Share Posted October 2, 2014 I thought the HH share sale was in excess of 4M shares, but Ashley has bought exactly 3M shares to take his total shareholding up to 9%, So who bought the other 1m+ shares? 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted October 2, 2014 Share Posted October 2, 2014 I thought the HH share sale was in excess of 4M shares, but Ashley has bought exactly 3M shares to take his total shareholding up to 9%, So who bought the other 1m+ shares? He already had exactly 3m shares and following the purchase of 4,265,000 shares from HH he's now moved his original 3m over into the same block as the 4.265m bought from HH, so holds 7.265m = 8.92%. 0 Quote Link to post Share on other sites More sharing options...
Tannochsidebear 2,429 Posted October 2, 2014 Share Posted October 2, 2014 He already had exactly 3m shares and following the purchase of 4,265,000 shares from HH he's now moved his original 3m over into the same block as the 4.265m bought from HH. So it was the other way around! Cheers Zappa. 0 Quote Link to post Share on other sites More sharing options...
SteveC 150 Posted October 2, 2014 Author Share Posted October 2, 2014 Not taking shares via the Open Offer but instead taking from Hargreave Hale was by far the smarter option, Kingoco simply outmaneuvered. If such an entity still exists. 0 Quote Link to post Share on other sites More sharing options...
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