Share Name Share Symbol Market Type Share ISIN Share Description
Range Cooker LSE:RCC London Ordinary Share GB0002182896 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p - - - - - - - - -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - 0.00

Range Cooker Share Discussion Threads

Showing 276 to 300 of 300 messages
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
07/1/2003
11:57
westcountryboy Thanks - there was a mess up at the broker.
charles7
06/1/2003
21:45
I had two parcels of shares, one a personal holding and one in a nominee account. In both cases the money arrived about five days before Christmas. I suggest you contact your broker!
westcountryboy
06/1/2003
13:07
26 days and still waiting, anyone any news on when we get cash?
charles7
11/12/2002
09:48
sounds like it will be 20 days ++ before we get any money RNS Number:9531E Britannia Living Limited 11 December 2002 Britannia Living Limited - Offer for Range Cooker Company PLC Offer Wholly Unconditional On 8 November 2002 Altium Capital made an offer (the "Offer"), on behalf of Britannia Living Limited ("Britannia Living"), for the whole of the issued ordinary share capital of the Range Cooker Company PLC ("Range"). Britannia Living is pleased to announce that, all of the conditions of the Offer having been satisfied or waived, the Offer is now declared unconditional in all respects. Settlement of the consideration due to Range Shareholders who have validly accepted the Offer will be effected in accordance with the terms of the Offer. The Offer will remain open until further notice. As at 3.00 p.m. on 10 December 2002, valid acceptances of the Offer had been received in respect of a total of 154,845,023 Range Shares, representing approximately 97.4 per cent. of the current issued ordinary share capital of Range. Such figures have been confirmed by Capita IRG plc, who are acting as receiving agent to the Offer. As at close of business on 14 February 2002 (being the business day prior to the commencement of the Offer Period), Britannia Living neither owned nor controlled any Range Shares. Included in the total above are acceptances, representing in aggregate approximately 73.6 per cent. of the issued share capital of Range, received from: (i) John Armstrong, the Chairman And Managing Director of Range, in accordance with the provisions of the irrevocable undertakings to accept the Offer given by him in respect of his holding of 108,200,000 Range Shares, representing approximately 68.1 per cent. of Range's issued share capital; and (ii) Nigel Wray in accordance with the provisions of the irrevocable undertakings to accept the Offer given by him in respect of 8,798,000 Range Shares, representing approximately 5.5 per cent. of Range's issued share capital. As sufficient acceptances have been received under the Offer, Britannia Living intends to implement the provisions of sections 428 to 430F of the Companies Act to acquire compulsorily all outstanding Range Shares. A letter, together with a statutory notice pursuant to section 429, will shortly be posted to Shareholders who have not yet accepted the Offer. Britannia Living will procure that Range applies for the cancellation of the admission to trading of Range Shares on the Alternative Investment Market. It is anticipated that such cancellation will take effect twenty business days from this date. Following cancellation of admission to trading, Range Shares will no longer be traded on a recognised investment exchange and accordingly there will be no market for Range Shares and they may be difficult to sell. In addition, Range will be re-registered as a private company in due course. Range Shareholders are urged to accept the Offer without delay, as this will enable them to receive the consideration under the Offer sooner than under the compulsory acquisition procedures referred to above. END
james8
10/12/2002
14:46
Any news on when we get our cash????????????
charles7
29/11/2002
21:34
18p ??? who are brittania living ? going private more like and keeping the cash from dear old shareholders nigel wray happy suppose as only paid 5p for his shares...
chapman123
29/11/2002
21:22
I think it said we get the money within a fortnight. Here's hoping!
westcountryboy
29/11/2002
21:11
The meagre offer has gone thru as expected. Wonder when I get my dosh? RNS Number:5057E Britannia Living Limited 29 November 2002 29 November 2002 Offer by Altium Capital Limited on behalf of Britannia Living Limited for Range Cooker Company PLC Unconditional as to acceptances and extension of Offer This announcement is not for release, publication or distribution in or into the United States, Canada, Australia or Japan On 8 November 2002 Altium Capital Limited made an offer (the "Offer") on behalf of Britannia Living Limited ("Britannia Living") for the whole of the issued ordinary share capital of the Range Cooker Company PLC ("Range"). As at 3.00 p.m. on 29 November 2002, being the first closing date of the Offer, valid acceptances of the Offer had been received in respect of a total of 154,165,411 Range Shares, representing approximately 97.0 per cent. of the current issued ordinary share capital of Range. Such figures have been confirmed by Capita IRG plc, who are acting as receiving agent to the Offer. As at close of business on 14 February 2002 (being the dealing day prior to the commencement of the Offer Period), Britannia Living neither owned nor controlled any Range Shares. Included in the total above are acceptances, representing in aggregate approximately 73.6 per cent. of the issued share capital of Range, received from: (i) John Armstrong, the Chairman and Managing Director of Range, in accordance with the provisions of the irrevocable undertaking to accept the Offer given by him in respect of his holding of 108,200,000 Range Shares, representing approximately 68.1 per cent. of Range's issued share capital; and (ii) Nigel Wray in accordance with the provisions of the irrevocable undertakings to accept the Offer given by him in respect of 8,798,000 Range Shares, representing approximately 5.5 per cent. of Range's issued share capital. Britannia Living hereby declares the Offer unconditional as to acceptances and gives Range Shareholders notice that the Offer (as contained in the Offer Document and in the accompanying Form of Acceptance) will remain open for acceptance for a further 14 days until 3.00 p.m. on 13 December 2002. The expressions used in this announcement shall, unless the context otherwise requires, bear the same respective meanings as in the Offer Document posted to Range Shareholders on 8 November 2002. For further information, please contact: Helen Kilsby Tel: 0207 484 4040 Director Altium Capital Limited Keith Salisbury Tel: 0161 839 4222 Director Brewin Dolphin Securities Limited John Armstrong Tel: 01253 471 122 Chairman The Range Cooker Company PLC Altium Capital, which is regulated in the United Kingdom by the Financial Services Authority, is acting for Britannia Living and for no one else in connection with the Offer and will not be responsible to anyone other than Britannia Living for providing the protections afforded to customers of Altium Capital nor for giving advice in relation to the Offer. Brewin Dolphin, which is regulated in the United Kingdom by the Financial Services Authority, is acting for Range and for no one else in connection with the Offer and will not be responsible to anyone other than Range for providing the protections afforded to customers of Brewin Dolphin nor for giving advice in relation to the Offer.
james8
19/11/2002
21:28
HI james8 sorry for not getting back to you sooner. Very good call on the Hornby stock unfortunately for me I have never been a holder. My favorite holding for over 3 years now has been TOWN CENTRE SECURITIES (TCSC), it has been a steady improver, with a nice yield, steady buyback of shares (when short termers off -load), its also has a good balance of CEO & Director ownership. But best off all it has a huge discount to NAV (LEAVING EVEN MORE ROOM IMPROVEMENT) AND Nigel Wray is nowhere to be seen.
contrarian2investor
15/11/2002
16:15
Votes to be in by 27/11
james8
15/11/2002
09:55
we must vote against he has to get 90% to win
leslas
15/11/2002
09:51
I agree with recent comments; I am a long term holder, having bought in at 14p, I acknowledged that Armstrong was acting reasonably in the earlier negotiations when the price was to be around 20p+, but to spread news that the earlier deal was abandonned because the price was too low, engendering the expectation that any takeover would now be at well over 20p, followed by the cancellation of the special dividend, with no hint that this meant anything other than that the 1p would be added to the buyout price, (saving us all some income tax), culminating in a fait accompli at 18p - well, it all stinks.
nickpk
12/11/2002
11:09
Article in this wks IC pointing out that there is 73.6% acceptances and that the deal is "all but final". "Little choice but to accept". "For now await documents". The last thing I want is to be stuck indefinately with shares in an unquoted company.
james8
11/11/2002
18:59
dont do nothing vote against it i have not had my forms yet
leslas
11/11/2002
18:12
Anyone got the form of acceptance yet? What happens if we refuse to sign?
shaggy666
09/11/2002
21:12
Hi james8 snap! WCB
westcountryboy
09/11/2002
13:19
contrarian, my favourite share which meets most of the Slater criteria is Hornby:- no debt; good divi; low PE; almost unique products with household names which are selling well; share price at new high. Interims next Fri what about you?
james8
08/11/2002
20:01
today,s RNS states N.W. owns 6.5% of Propan Homes.
baltic
08/11/2002
17:40
THANKS FOR YOUR REPLY james8 DO YOU HAVE ANY CURRENT FAVOURITES WHICH A)DO NOT HAVE DIRECTOR OWNNERSHIP OVER 30% AND B) NIGEL WRAY IS NOT INVOLVED?
contrarian2investor
07/11/2002
22:36
contrarian, I agree with your sentiments about being ripped off. Answer to Qu1 is in Offer statement which says that other interested parties couldn't come up with the money. I'd also like an answer to qu2. (I can't believe that he's foregoing some of his share as an act of charity!) Investor Guru, Jim Slater advises against buying into companies where the directors own more than 30% of the shares- now I can see why!
james8
07/11/2002
18:11
I held these shares quietly for over two years, I've enjoyed the dividends, but now I feel like we the real shareholders have been totally ripped off. Q1) What happened to the other party that was interest in the company and what were they offering?. Q2)If John Russell can afford to give up 5.86p of every share he owns why didn't he return this to the shareholders? Q3)How can such a profitable company with over £7 mil in cash only be worth £22.9mil? Q4)With so many other disillusioned people up and down the country exiting the share market when will the FSA DO SOMETHING TO PREVENT THESE "CLOAK AND DAGGER BROWN PAPER BAG PRACTISES?". Any ideas... I would love to here them. pps Perhaps collectively we come could bombard the company website and Head Office telephone or simple boycott the product.
contrarian2investor
07/11/2002
15:32
Anyone know the timetable yet ? especially, when is the money forthcoming. As far as i'm concerned this is now dead money that can be put to better use elsewhere. Just realised it's a stupid question....won't find out until the offer document is published !
oniabsta
07/11/2002
11:24
Greg, I agree that they need 90% for the bid to become unconditional but if 50-90% accept then shareholders can choose to become minority shareholders in an unquoted company.(though probably not a good idea)- that's my understanding anyway. BTW thanks for the explanation of Armstrong's holding yesterday, but i don't understand WHY he's agreed to reduce his 'take-out' price.
james8
07/11/2002
10:55
Sorry, posted before I had finished, new to this posting lark, meant to finish of by saying that it seems to me that they need 90% for the bid to succeed & if they achieve that the remainder will be compulsory purchased.
greg1
07/11/2002
10:44
I am no expert in Company Law, but the following is taken from the annoucement from Britannia Living which would seem to suggest you would not become a Shareholder in an unquoted Co. if you do not accept. "If Britannia Living receives acceptances under the Offer in respect of and/or otherwise acquires 90 per cent. or more of the Range Shares to which the Offer relates, and the Offer becomes or is declared unconditional in all respects, it intends to apply the provisions of sections 428 to 430F (inclusive) of the Companies Act to acquire compulsorily all outstanding Range Shares."
greg1
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
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