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CIP Cip Merchant Capital Limited

50.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cip Merchant Capital Limited LSE:CIP London Ordinary Share GG00BF8NW879 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 50.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
35.00 65.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 50.00 GBX

Cip Merchant Capital (CIP) Latest News

Real-Time news about Cip Merchant Capital Limited (London Stock Exchange): 0 recent articles

Cip Merchant Capital (CIP) Discussions and Chat

Cip Merchant Capital Forums and Chat

Date Time Title Posts
01/10/202203:39::: CIP MERCHANT CAPITAL LIMITED :::260

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Cip Merchant Capital (CIP) Most Recent Trades

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Cip Merchant Capital (CIP) Top Chat Posts

Top Posts
Posted at 30/9/2022 20:15 by nortonian
Does anyone know what Guernsey law says about the rights of minority shareholders in unlisted companies is? Can the majority owner force minority owners to sell if they have more than a certain percentage? If so how would the price be determined? I always imagined that CFE would liquidate the company and that minority shareholders would get a fair share of the proceeds. Does anyone have any idea what their intentions are?
Posted at 02/8/2022 13:24 by julianreed
I am in exactly the same boat.

Not much help I'm afraid.

I phoned a few weeks ago and was told to watch the cipmerchantcapital.com website for updates.

The NAV has just been updated at 77p per share (July 29th).

Also interested if anyone has any suggested method to trigger this offer.
Posted at 25/7/2022 18:00 by yarnton
Unfortunately i have allowed myself to be stuck with CIP shares after de-listing.
Does anyone have any suggestions for possible action to encourage CFE to buy out at the 60p offered price the remaining small shareholders ?
Posted at 07/6/2022 15:07 by ochs
Not sure what to do - the best sell price I've been offered today is 35.5p, but buys have gone through at 50p and even 60p, so someone is still buying. Plus the NAV was confirmed as 81p this morning - what a strange situation!

Will those left behind be made an offer by CFE... but only after de-listing and what price is that likely to be at?
Posted at 06/6/2022 13:47 by ochs
Hi ammons, no unfortunately not - I'm rather disappointed with the whole thing. Currently still holding, as receiving 26.75p a share seems like daylight robbery with a NAV of at least 80p!
Posted at 06/6/2022 12:24 by ochs
Spread now 20p to 60p! Someone is buying at 50p... and price quoted to sell is 26.75p. Tomorrow is last day of dealing.
Posted at 09/5/2022 11:46 by galles
Further to the announcements of 1 April 2022 and 20 April 2022 by Corporation Financière Européenne S.A. ("CFE") declaring its final offer for CIP to be wholly unconditional and confirming that there would be no further extension of its offer and that it owns or has received valid acceptances over 48,020,847 ordinary shares in the capital of the Company ("Ordinary Shares"), representing in excess of 75 per cent. of the voting rights of CIP, and in line with CFE's intentions stated in its final offer document dated 18 March 2022, the board of CIP announces that it has applied for the cancellation of admission to trading on AIM of the Ordinary Shares (the "Cancellation"). The Board confirms that it has agreed with AIM Regulation that the Cancellation is expected to occur on or shortly after 7.00 a.m. (London time) on 8 June 2022. Admission of the Ordinary Shares to trading on AIM will be cancelled without the requirement for a resolution of shareholders approving such cancellation pursuant to Rule 41 of the AIM Rules. The Board further notes that, following the Cancellation, the liquidity and marketability of the Ordinary Shares will be significantly reduced.
Posted at 21/4/2022 18:41 by mammyoko
Although the ordinary shares in CIP will remain transferable, they will cease to be transferable through CREST. Shareholders who hold ordinary shares in CIP in uncertificated form in CREST will, following cancellation of trading on AIM becoming effective, be sent a share certificate for those Ordinary Shares.

How will you transfer your shares once they're cancelled?
Posted at 18/3/2022 11:44 by pavey ark
I sold here but fortunately moved most of the cash into Coro.

CIP has a holding in Coro and Coro is up c.12% as I type.....something for CIP holders to consider ....60p may look rather cheap soon....or now !!
Posted at 27/1/2022 16:57 by pavey ark
Good to see Simon Thompson saying "Ignore opportunistic bid for CIP Merchant Capital"(Jan 24th).

He then goes on to absolutely rubbish the 55p offer and tells CFE:-

" If CFE wants to buy out CIP’s shareholders, then it should raise its cash offer to a sensible level and one that accurately reflects the value of CIP’s underlying investments."

Fair enough I say !!
Cip Merchant Capital share price data is direct from the London Stock Exchange

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