Haversham Share Discussion Threads

[skyship] 27/3/2015 08:37

Up 25% on re-listing - open @ 155p-160p.

[cashandcard] 26/3/2015 15:06

That is a pretty huge deal. WeBuyAnyCar is a cashcow by the looks of it.


Cash

[davebowler] 26/3/2015 13:05

hxxp://www.insidermedia.com/insider/national/136438-we-buy-any-car-owner-snapped-almost-13bn?utm_source=breaking_news_newsletter&utm_medium=top_story_article&utm_campaign=breaking_news_tracker

[skyship] 23/3/2015 13:28

We all (possibly just the two of us here of course!) missed the fact that HAV has been suspended ahead of a major acquisition.

According to Friday's IC the deal is a £1bn reverse takeover for British Car Auctions.

The way to get in is through MVI which holds a 4.8% stake in HAV; a holding which sits alongside its major holding in ETO.

At the moment MVI's NAV/share = 296p/share versus the offer price of 206p - so a very handy 30%...
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16 March 2015

Haversham Holdings plc

Response to press speculation

The Board of Haversham notes recent press speculation concerning the possibility of Haversham making a substantial acquisition.

The Board confirms that Haversham is in very advanced discussions which might lead to a transaction which would constitute a reverse takeover pursuant to AIM Rule 14. In accordance with the AIM Rules, trading in Haversham's ordinary shares has been suspended pending conclusion of these discussions. There can be no certainty at this time that a transaction will proceed and we will update shareholders in due course