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TEA Teathers Fin

2.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Teathers Fin LSE:TEA London Ordinary Share GB00BG48FB77 ORD 0.5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 2.25 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 2.25 GBX

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Date Time Title Posts
19/2/202410:56Teathers Financial PLC 953
16/6/201516:19The Tea Thread3
19/2/200712:56Rooibos (Red Bush) Tea, the antiocidant tea28
16/1/200701:49Tea Plantations: The Unknown Opportunity?13
07/6/200512:40Who is GHC Nominees?6

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Posted at 11/2/2023 13:23 by globetrotter18
from LSE: Badlyspeltbouy

"The initial IPO OF UEE formerly TEA is delayed until 31st March 23 at the latest as UEE looks for additional properties prior to bolster its listing"
Posted at 31/5/2017 11:16 by bbmsionlypostafter
Could someone who posts on LSE & iii please C&P these links over there so those who were screwed at TEA are aware?

Gunning for Jason Drummond, Justin Drummond, Nilesh Jagatia and Christopher Gorman.
Posted at 12/8/2016 10:02 by ionlypostafterbbms
UPDATE
Today 08:26
Hi

This email is for those signed up the Teathers mailing list. It is public information so please feel free to share it. We make two requests of shareholders below. In particular please note our plan for setting up a new email list and to close this one down.

We are reaching the final stages of a number of sensitive discussions. At this point there is not much that we can share, but we will provide a full update in the report we committed to delivering.

Over the last fortnight we’ve intensified our efforts. We have finally got copies of the historical bank statements of the primary current account and are working through over 100 pages of transactions. We are waiting for the statements from the four other accounts the company holds, including the business reserve account. Natwest has offered us £100 compensation, which we have rejected. We still expect to make a detailed complaint to the Financial Ombudsman Service.

We have a conference call with Shard on Monday to have a final commercial discussion about the potential of the App. Before we commit to any more expenditure there are a number of issues we need to confirm with Shard to make sure that such an investment would stand a realistic chance of delivering a return. One thing we have been disappointed about is the small amount of revenue the first 6 deals delivered. Shard has sent us a report about this and we need to discuss the implications of it. Shard remains keen to see the App live, but we have to make sure it stands a decent chance of making money.

We expect to be able to provide a more detailed update by the end of next week.

In the meantime we would like please to ask two things of shareholders:

1) If any of you have experience in App development please could you get in touch as soon as you can. Apart from the commercial considerations which will influence whether or not we are able to re-launch the App, a number of technical issues have also cropped up.

2) Could we please ask that all shareholders move their stock into certificated form. Now that Teathers has lost its listing the shares have lost their ISA benefits.

Moving forward we are planning on setting up a new email list for Teathers shareholders. This email list that we are writing to now has not been vetted. To sign up for the new list we will need to see evidence that members of the list are genuine Teathers’ shareholders. We will ask that those who sign up to the new list provide us with an electronic copy of their share certificates (e.g. a digital photo or scan).

We plan to launch the new email list from 01 September 2016, which gives shareholders 3 weeks to get their stock in certificated form.

We plan to stop using this email list from 15 September 2016. We will provide further updates about this.

To get your stock into certificated form is an easy process. Simply call your broker and ask them to transfer your stock into certificated form. Some will say this will take 6 weeks, but in our experience this is not the case. The process happens much quicker than that.

If you have any questions about this please let us know.

Thank you,

Ben
Posted at 21/7/2016 00:03 by ionlypostafterbbms
Teaholders ‏@TEAshareholders 21 minutes ago

First financial update sent to #TEA holders by new board. Please email teaholders@outlook.com to receive the email & balance sheet
Posted at 22/6/2016 15:45 by ionlypostafterbbms
Stitch up on the way!!


HTTPS://twitter.com/teashareholders


Teaholders ‏@TEAshareholders 4 hours ago

Serious problems emerging about processing of votes in #TEA EGM. We'll update shortly, but please keep an eye on your inbox

--------------------------

Teaholders ‏@TEAshareholders 3 hours ago

Could all #TEA holders please reply to the email just sent out. We are concerned about the integrity of the vote because of broker inaction
Posted at 07/6/2016 20:17 by lobula
Drewriot
Posts: 674
Off Topic
Opinion: No Opinion
Price: 2.125
View Thread (3)RE:
Evening investors...20 Nov '15Yeah that beer idiot has Sonia written all over it. Some people have far to much time on their hands. I can't imagine how sad it is making mutiple profiles.

Yeah TEA is a hold for me... Infant business and micro-cap. So much room to move and so few shares.

I think people just need to let the TEA guys wor
Posted at 13/4/2016 12:26 by ionlypostafterbbms
From the LSE TEA thread -

Xcanarus
Posts: 516
Off Topic
Opinion: No Opinion
Price: 2.25

Investor show
Mon 13:48

I have just sent a email to both of them regarding the show, so if i get a reply i will post the response here.
-------------------------------------
Xcanarus
Posts: 516
Off Topic
Opinion: No Opinion
Price: 2.25

TEA
Mon 15:17

Just got a response from Oliver and he said that Teathers Plc won't be at the investor show.

All we can do is wait for an RNS to see what is going to happen.
Posted at 14/12/2015 11:19 by ionlypostafterbbms
Is it 0.00016666%? Is that right?

Not much commission earned on that!

HTTP://www.investegate.co.uk/teathers-financial--tea-/rns/tfsl-offers-first-placing-through-the-teathers-app/201512140700078844I/

Teathers Financial
TFSL offers first Placing through the Teathers App

RNS Number : 8844I
14 December 2015


Private investors subscribed for a total of £15,000 in Constellation Healthcare Technology Plc through the propriety Teathers App
('the App') as part of a £30 million placing.
Posted at 21/4/2015 12:11 by fishybits
Tree shake I hope that today's placing via Primary bid will explain hoe TEA will work

Proposed Placing of Shares via PrimaryBid.com
Tue, 21st Apr 2015 11:17
RNS Number : 8360K
Kea Petroleum PLC
21 April 2015

For immediate release 21 April 2015

Kea Petroleum plc

("Kea" or the "Company")

Proposed Placing of Shares via PrimaryBid.com



This announcement amounts to a financial promotion for the purposes of section 21 of the Financial Services and Markets Act 2000 and has been approved by Darwin Strategic Limited, which is authorised and regulated by the Financial Conduct Authority.



Kea Petroleum plc (AIM: KEA), the oil and gas company focused on New Zealand, announces that it has today joined PrimaryBid.com (www.primarybid.com) to facilitate a proposed equity fundraising of not less than £3 million before expenses at a minimum price of 1p per share ("Fundraising").

The Company proposes to convene a general meeting for 8 May 2015 at 12 noon at the Company's offices at 5-8 The Sanctuary, London SW1P 3JS. A copy of the letter to shareholders and the notice of general meeting will be made available on the Company's website at www.keapetroleum.com and a further announcement will be made once that has been published.

Kea proposes to issue up to 300 million new Kea ordinary shares of 1p each ("Ordinary Shares"), giving shareholders the potential for significant upside albeit not without risk. (Please see the section head "RISK" below.)



The new Ordinary Shares in Kea will be made available through PrimaryBid.com, which has similarities to crowdfunding. Those intending to subscribe for new Ordinary Shares ("Bidders") bid via PrimaryBid.com, setting a maximum price per share and monetary amount for which they are willing to subscribe. On completion of the bidding process, allocations are made to Bidders at the highest price necessary to complete the Fundraising.



The intention is for the bidding process to raise a minimum of £3M and shareholders, current, past or new can bid to buy Ordinary Shares at a minimum of 1p per Ordinary Share, albeit that the Fundraising is open to any person eligible to use the PrimaryBid.com service. Bidding may be at prices in excess of 1p per Ordinary Share and therefore if the total bidding exceeds £3M and prices are in excess of 1p then a scale back process will work as described in the final section of this announcement headed "PrimaryBid.com".



The Board of Directors is aware that investors may be able to purchase Kea shares in the secondary market below the minimum placing price of 1p, however only the issue of new Ordinary Shares through PrimaryBid.com will raise the capital needed by Kea. Trades in the secondary market will not raise any new capital for the Company.

PrimaryBid.com has been made available through Darwin Strategic Limited ("Darwin"), from whom the Company has previously successfully raised over £2.7M, net of costs, to facilitate the drilling of Puka-3, the installation of new pipework and a new downhole pump in Puka-2. Darwin Strategic Limited is authorised and regulated by the Financial Conduct Authority.





RISK



There is considerable risk for anybody deciding to bid or subscribe for new Ordinary Shares in the Company. The Company's financial position is precarious and its current working capital position is tight with sufficient funds for operations until shortly after the forthcoming general meeting. The Company is unlikely to survive in its present form, if at all, if the necessary funds are not raised through PrimaryBid.com or through other means.

The Company will not accept any subscription via PrimaryBid.com if the total amount to be raised is not sufficient to meet its funding requirements for the cost of drilling the Shannon well and the Company's ongoing working capital until the end of the drilling campaign in Q3 2015; the Directors have concluded that the minimum subscription of £3 million must be raised before any new Ordinary Shares will be issued.

General Meeting

In order to be able to raise these funds Kea will require Shareholder approval to allow for the creation of 400 million new ordinary shares.

The Directors have insufficient authority from shareholders to issue the maximum number of shares required for the proposed fundraising. As a result the Directors have decided to convene a general meeting (the "General Meeting") to seek and obtain authorities which would cover all of such shares. The General Meeting will be held on 8 May 2015 at 12 noon, and the PrimaryBid.com book will remain open until 7 May 2015.

To ensure that the Directors will have the authority in the medium term to issue further shares to meet any further funding requirements, the Board is taking the opportunity afforded by the General Meeting of seeking shareholders' authority to permit the issue for cash of up to a further 100 million Ordinary Shares, in addition to the up to 300 million ordinary shares for the Fundraising through PrimaryBid.com.



PrimaryBid.com



The PrimaryBid.com facility will enable all current UK shareholders, as well as new potential shareholders, to bid for new Ordinary Shares in Kea at a price of not less than 1p for each new Ordinary Share. By using PrimaryBid.com potential subscribers can place a bid for new Ordinary Shares, by setting a maximum price and a monetary amount for which they are willing to subscribe. PrimaryBid.com provides the opportunity for those private investors wishing to purchase small parcels of shares to participate in a placing, something that is often not available with conventional placings. Further details on PrimaryBid.com are provided at the end of this announcement.



In order to use the PrimaryBid.com platform, any interested party should access www.primarybid.com and undertake the appropriateness assessment and a review of the terms and conditions applicable to the facility.



The Directors of the Company reserve the right to submit bids through the PrimaryBid.com structure.



Details on PrimaryBid.com



PrimaryBid.com, is an online platform dedicated to equity crowdfunding for AIM-listed companies.



PrimaryBid.com provides a new channel for the Company to raise equity from private investors. Primarybid.com allows private investors to bid directly for new shares in the Company at prices of their choosing, subject to certain limited restrictions.



The Company has full discretion as to whether to proceed with a share placing to raise capital through PrimaryBid.com. The Company can consider any number of bids presented through the PrimaryBid.com platform and determines the final placing price at which new shares will be issued. Shares may only be issued to the extent that the Company has the requisite shareholder authorities to fulfil the issue.



Everyone whose bid was higher than the final placing price will receive full allocation of their bid; everyone whose bid was at the final placing price may receive their full allocation or may be scaled back. Everyone whose bid was below the final placing price will receive no shares as their bid was unsuccessful. The Directors will not proceed with the fundraising at an issue price below 1p per ordinary share.



PrimaryBid.com provide execution only services to individuals looking to invest in AIM-listed companies. Nothing on PrimaryBid.com is to be regarded as either information or any opinion or advice or an offer to buy, sell or otherwise deal in securities in a particular way.



PrimaryBid.com will provide the Company with ongoing access to an aggregated book of bids submitted. Investors will have access to all postings on PrimaryBid.com and will be able to state their interest in a company and give details on how much money they are willing to invest in that company at a particular share price.



Once a pre-agreed threshold of bids is achieved PrimaryBid.com will contact the Company with an offer for a placing with a range of preferred share prices given by investors. Alternatively the Company can ask to see their bid book at any time.



Even though the Company will be able to see the bid book at any time, these bids are only firmly committed by an investor outside of market hours. Once the market has closed for the day, the Company can treat all bids as firm and can elect to proceed with its placing with all or some of the bids. In the event a placing at a certain price is agreed between the Company and investors, an RNS announcement would be made prior to the market opening the following day.



On completion of the placing, the Company will transfer the relevant shares to PrimaryBid.com who will then transfer funds to the Company and arrange settlement of shares with the relevant investors.



Full details, including details of who may apply for shares through PrimaryBid.com and how existing eligible shareholders may apply for Kea shares, can be found on www.primarybid.com.
Posted at 09/3/2015 07:08 by moreforus
Teathers Financial PLC Issue of Equity
Print
Alert
TIDMTEA

RNS Number : 8450G

Teathers Financial PLC

09 March 2015

9 March 2015

Teathers Financial Plc

("Teathers" or the "Company")

Issue of Equity at a premium

The Company is pleased to announce that on 6 March 2015 it completed a placing raising GBP100,000, before expenses of GBP5,000, via its joint broker Peterhouse Corporate Finance Limited, of 2,500,000 new ordinary shares of 0.5p each in the Company at a price of 4p per share (the "Placing"). The placing price represents a premium of approximately 18.5% to the closing mid-market price of the Company's ordinary shares of 0.5p each in the capital of the Company ("Ordinary Shares") on 5 March 2015, being the last practicable closing mid-market price prior to the completion of the Placing.

The proceeds of the Placing will be used to increase the cash reserves of the Company and accelerate its Investing Policy to invest in AIM quoted companies either on flotation, through secondary offerings or by purchasing shares in the market and unquoted companies, joint ventures or projects which the Board believes will be seeking a quotation on AIM within 12 to 18 months of such investment.

In addition, the Company has issued 750,000 new Ordinary Shares at a price of 4p per Ordinary share to satisfy certain existing liabilities amounting to GBP30,000 (which includes the expenses of the Placing detailed above).

The 3,250,000 new Ordinary Shares ("New Ordinary Shares") will, when issued, rank pari passu in all respects with the existing Ordinary Shares. Application has been made to the London Stock Exchange plc for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings in the New Ordinary Shares will commence at 8.00am on 13 March 2015.

Following the issue of the New Ordinary Shares, the Company's enlarged issued share capital will comprise 39,658,477 Ordinary Shares with voting rights. The Company does not hold any shares in treasury. This figure of 39,658,477 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:


Teathers Financial Plc
Teathers Fin share price data is direct from the London Stock Exchange

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