Baylon Hldgs Share Discussion Threads

[buystock] 04/3/2010 16:24

no probs goz just hitting the radars now and not any stock around as i found out earlier my broker phoned me not a happy chap.i told him what do you care all your accounts are getting handed over too td waterhouse.they have good quality products on the mkt and launching soon furher afield.a good start as the growth investor says was 10p and now a lowly 1m mkt cap now 2m a way too go yet.gl

[goz1986] 04/3/2010 16:20

okay, good stuff!

[buystock] 04/3/2010 16:08

goz ill see what i can turn up in the morning surface about 3am vampire stuff and peacefull.

[buystock] 04/3/2010 16:05

it was taken into account when
the terms of the Acquisition were negotiated. If the full estimated value of the
potential tax credit (GBP554,444) is received, then none of the Contingent
Consideration Shares will be allotted to the Vendors

[goz1986] 04/3/2010 16:04

yup, rather a nice bonus that comes with an rto...

[buystock] 04/3/2010 16:02

200K buy @1.25 goz drawing attention now.tax refund will help the cause.

[goz1986] 04/3/2010 16:00

yup no point in conflict if we have a common aim (regard hatchet as buried etc).

will put those links at the top later. on my phone at the moment so it's rather hard to do....

I am interested in these new products and when we will see them on the shelf. they say they already have some interested parties... also if you go on their website you will see they are about to start a big ad campaign for the dusk....... look out for them on bus shelters etc.....

[buystock] 04/3/2010 15:51

Baylon to reverse into female security devices manufacturer Il Security

[buystock] 04/3/2010 15:44

goz has this been posted i see its not in the header sorry if its already there.Baylon Holdings Limited (formerly Molectra Group Limited), a waste tire recycling company, has agreed to acquire all of the issued share capital of Ila Security Limited in a reverse takeover transaction.

As part of the consideration, Baylon will issue of up to 763,308,454 shares to the shareholders of Ila.

Ila Security is a manufacturer of personal security and other devices for women. Both the entities are based in the UK.

Under the terms of the agreement, Baylon Holdings will issue 388,600,221 shares as an initial consideration and up to 374,708,233 contingent consideration shares. Following the acquisition, Ila Security will operate as Ila Group Limited.

Arbuthnot Securities Limited is acting as financial advisor to Baylon Holdings.

The transaction is expected to close on March 5, 2010.

Deal Value (US$ Million) 6.11
Deal Type Acquisition
Sub-Category 100% Acquisition
Deal Status Announced: 2010-02-15
Deal Participants

Target (Company) Ila Security Limited
Acquirer (Company) Baylon Holdings Limited (formerly Molectra Group Limited)
Deal Rationale

The acquisition will allow Baylon Holdings to strengthen its global branding. It will also expand Ila's existing relationships with UK retailers as well as its global sales program within the US, Canada and Europe, and allow to accelerate its research and development program, which aims to produce a range of six products by 2011.

[buystock] 04/3/2010 15:40

goz lets bury the hatchet.

[buystock] 04/3/2010 15:39

goz1986 it took me ages too get these i wanted 250k my broker said no so i bought 100k online and had too order another 100k.i see you have the link too growth investor this is the bit i like.McGivern argues 'the acquisition is ideally timed to allow the expansion of Ila's existing relationships with major UK retailers as well as our international sales programme within the USA, Canada and Europe'. Gazzard says he hopes the deal will 'allow Ila to fulfil its potential and grow into an international brand'.

Floated as Molectra at 10p in 2006, Baylon shares crumbled to near-invisibility over the past year. They now stand at 0.63p, up 0.25p this morning and value the company at a lowly £1 million.

[goz1986] 04/3/2010 15:37

oh buystock, are you in zest at the moment looks like a good entry level at the mo........

[goz1986] 04/3/2010 15:32

oh no buystock, I found these first! please be good chap and post in moderation let's say no posts over 10 or so lines unless it's a cracker of a post, cheers....!

[buystock] 04/3/2010 15:04

1 through on plus another lse.4v1 no online quote i tried for another 50k

[buystock] 04/3/2010 14:47

04/03/2010 14:39 PM UK BUY 100000 MOLE placed Executed MOLE
04/03/2010 14:34 PM UK BUY 100000 MOLE executed @ 1.25 GBX Executed MOLE
200k in my account

[buystock] 04/3/2010 14:46

GUYS I JUST BOUGHT 200k 1 is showing the other aint

[goz1986] 04/3/2010 14:26

I really don't know how to value this company, we don't have anything to go on.........

[pre] 04/3/2010 12:15

this was trading at +10p around 1.5yrs ago....what's significant here is that the mm's have started moving up in 0.25p..now the acquisition has been approved the company has the potential to deliver some solid growth, dyor etc:-)

[pre] 04/3/2010 11:39

RNS out.....acqusition approved at EGM:-)))

Result of EGM


TIDMMOLE

RNS Number : 0858I
Baylon Holdings Limited
04 March 2010

?


4 March 2010


Baylon Holdings Limited

("Baylon" or "the Company")

Result of EGM


Baylon (AIM: MOLE) is pleased to announce that at the Extraordinary General
Meeting held earlier today all resolutions proposed to shareholders were duly
passed, including the approval of (i) the waiver under Rule 9 of the City Code
on Takeovers and Mergers; (ii) the proposed acquisition of Ila Security Limited
(the "Proposed Acquisition"); (iii) the grant to Directors of authority to issue
shares in connection with the Proposed Acquisition and in the future; (iv) the
authorisation of the Directors to disapply pre-emption rights on the issue of
shares; and (v) the change of the Company's name to Ila Group Limited.

Application has been made for admission to trading on AIM of 394,282,040 new
ordinary shares of no par value in connection with the Proposed Acquisition (the
"New Ordinary Shares"). The admission to AIM of the New Ordinary Shares is
expected to become effective at 8 a.m. on Friday 5 March 2010. The Proposed
Acquisition is expected to complete at the same time and dealings in the
enlarged share capital of the Company will commence immediately thereafter.


Total Voting Rights

Following completion of the Proposed Acquisition and admission of the New
Ordinary Shares to AIM, the Company's total issued share capital and total
voting rights will consist of 540,582,827 ordinary shares of no par value. The
Company will not hold any ordinary shares in treasury. This figure 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 to their interest in, the share capital of the Company under the
Company's articles of association, which incorporate the relevant provisions of
the Financial Service Authority's Disclosure and Transparency Rules.


Change of Name

It is anticipated that the change of name of the enlarged group to Ila Group
Limited will become effective shortly and as soon as recorded by the Registrar
of Companies in Jersey. Shortly thereafter, it is expected that the ticker will
change to "ILA" in order to reflect the change of name. A further announcement
will be made in due course.



For further information please contact:

+-------------------------------+-------------------------------+
| Baylon Holdings Limited | |
| Paul Gazzard | 01725 510 383 |
| Rodger Sargent | 020 7355 7662 |
| | |
+-------------------------------+-------------------------------+
| Arbuthnot Securities Limited | 020 7012 2000 |
| Antonio Bossi | |
| Ed Groome | |
| | |
+-------------------------------+-------------------------------+



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

[pre] 04/3/2010 10:24

another tick up...here we go...

[pre] 04/3/2010 08:10

EGM today folks...somone snapped up 150k ths morning...looking nicely poised...

[pre] 03/3/2010 16:26

another tick up...looks like its just you and me goz1986...wait till the herd arrive to tomorrow after EGM...we should be much higher then imo:-)

[goz1986] 03/3/2010 11:48

pre: I don't know if you are interested or not but have a little look at FIE, could be a goody in a month or so you never know!

[goz1986] 03/3/2010 11:43

yup could start to get a little exciting round these parts, looking forward to tomorrows read....

[pre] 03/3/2010 10:36

can only buy 250k now....but can sell 1.5m...someone accumulatng here imo...EGM tomorrow where we could get an update...looking good here:-)