Abingdon Cap Share Discussion Threads

[strongcat] 06/5/2004 07:15

hey guys can you help us
we are new here just moved in
where abouts are the shops
oh by the way
did we tell you our mate
count dracular and his followers will
also be moveing in
does any of you know where there
is an old building
with a big cellar

i wonderwhat smartpants
neibours are like
maybe we should ask them
round for tea when we get settled in
i bet he has no friends
hmm hes also got bad breath
maybe we should rename him
stinky breath smart pants
na its to long
bye for now

the brothers

[optimist at large] 06/5/2004 07:11

RNS Number:3488Y
Abingdon Capital PLC
06 May 2004



Mountcashel LLP confirms initial closing of its first fund
Abingdon Capital sets its holding in Mountcashel LLP at 25%

Abingdon Capital plc, the AIM-listed integrated financial services business, is
pleased to announce that Mountcashel LLP ("Mountcashel") has today confirmed the
initial closing of its first Mountcashel Fund. It has raised approximately $15
million (#8.4 million) including #2 million from Abingdon Capital.

The Mountcashel Fund will take long and short positions in leading European and
UK equities, derivatives and other securities. Mountcashel was formed in July
2003 and began operating as a regulated hedge fund manager in February 2004.

Abingdon Capital has also finalised terms to confirm that its equity
participation in Mountcashel is now set at 25%. As detailed in the Chairman's
statement of the 2003 Annual Report released on 31 March 2004, this has been
achieved by raising an additional #400,000 of working capital for Mountcashel.
Abingdon Capital chose to reduce its stake in Mountcashel as it prefers to be an
investor with a defined risk rather than a 50% partner with an open-ended future
funding commitment. Moreover, Abingdon Capital believes that a smaller ownership
in an operation where management and employees have a larger stake is more
likely to lead to a better overall financial performance for the Group.

Mountcashel has raised the additional #400,000 from a small group of investors
underwritten by Oliver Vaughan (Chairman of Abingdon Capital) and including two
other Abingdon Capital directors, Thomas Vaughan and Christopher Roberts ("The
Directors"). This fundraising is therefore defined under the AIM Rules of the
London Stock Exchange plc as a related party transaction. The Mountcashel
partners have now contributed #800,000 of capital to Mountcashel. Immediately
following the fundraising, the Directors will hold the following equity
participation stakes in Mountcashel:

Oliver Vaughan 17 %
Thomas Vaughan 2%
Christopher Roberts 2 %

Oliver Vaughan has become a designated member of Mountcashel and as such has
voting rights. Mr Vaughan was also appointed as Chief Executive of Mountcashel
on 7 April 2004. This role requires a time commitment from Mr Vaughan that is
commensurate with a fast-growing fund management company. In return Mr Vaughan
will receive minimum guaranteed drawings of #50,000 per annum.

Edward Vandyk and Gavin Casey, the Independent Directors, having consulted with
KBC Peel Hunt, consider that the terms of the transaction are fair and
reasonable insofar as the Company's shareholders are concerned.

Enquiries, please contact:
Oliver Vaughan/Edward Vandyk Abingdon Capital 020 7937 4445
Neil Boom/Jenny Leahy Gresham PR Ltd 020 7404 9000




This information is provided by RNS
The company news service from the London Stock Exchange

END
MSCUUUMCAUPCGBA

[strongcat] 06/5/2004 07:04

come on guys were moving in now
smartpants was warned but that creep
as usual took no notice
i wonder what its like here
not many shops
do they have a cinema
what shall we have for breakfast brothers
i facy
egg and baked beans
but you always have that strongbuy
what about you topcat
i want a big chocalate eclair
okay lets go and find out where the shops are
maybe we will bump into that stinker smartpants
he is so ugly
he should not be allowed out
in daylight

we think we will be very happy here
speak to you guys soon

the brothers

[simonevans] 05/5/2004 23:11

ntv - thanks for the info - very interesting!

[aerotus] 05/5/2004 20:30

jaber, log onto MSN please.

[the jaberman] 05/5/2004 20:29

strongcat well done

hugepants deserves his comeuppance

[targatarga] 05/5/2004 17:26

hugepants. probably the likes of B.Morton and friends had options at a real cheap price. regards

[ntv] 05/5/2004 17:17

was exercise of options probably at 1p

[hugepants] 05/5/2004 15:51

Is this a new placing for Multi-Group? Can someone confirm it was Corporate Synergy who did the placing? Sorry for asking so many questions but Im just too busy today and I dont have time to chase things up.

[ntv] 05/5/2004 15:42

i would say they would have to be worth at least a couple of million to go for a listing

[ntv] 05/5/2004 15:40

incorrect information,article removed,appologies

[optimist at large] 05/5/2004 12:34

Any thoughts on M&P valuation?

[strongcat] 05/5/2004 08:55

what a boreing life
you bunch are a right bunch
of no hopers
lets have some fun
shall we this share is going
down down down
smartpants your mates will like
you for bringing us here
pull a leg lads
can we play games
who whats to chose

the brothers

[strongcat] 05/5/2004 08:50

hey you bunch of
losers cannt you think
of antthing longer
than one line
smartpants did the
count visit you last night
me and my brothers are going to
enjoy ourselves on here
and your little share
is going nowhere

the brothers

[ntv] 05/5/2004 08:44

still to cheap with pending mountcashel launch

[ntv] 05/5/2004 08:37

34% i think

[optimist at large] 05/5/2004 07:00

Hugepants:-

M&P Direct; Europe's largest motorcycle parts & accessories online retailer.
There are also three retail branches at Coventry, Oxford and Swansea.



From memory Abingdon has about 30%.

It's all looking very good for the next few months, we should see 20p plus.

[hugepants] 04/5/2004 23:27

NTV, Thanks for the feedback. Can any of you guys give some info on m&p. I dont even know what m&p stands for. Website etc would be nice. cheers.

[ntv] 04/5/2004 22:49

ov has great belief in mountcashel,he was talking about figures of $200m under management by the end of the year
mountcashel will be listed on the dublin se
shares will traded once a month
somewhere around £200k each
he doesn't expect much trading in them as sellers have to give one month's notice

[ntv] 04/5/2004 22:44

simon ,they also mentioned another unlisted investment i think it was called tq(or someting similar)which makes educational aids but has had a difficult couple of years,sounds like that will come to the market later when the business improves which they said was beginning to happen

[ntv] 04/5/2004 22:36

quite happy with my investment here and as you said these agm's are well worth attending
only been to two so far this year and other one which was slp was well worth the trip though the share price has only crept up a tadge since the agm but i believe it will go along way in the not too distant future as well