Your Space Share Discussion Threads

[jaws6] 16/3/2010 09:22

3HED
I think most of YSP shareholder will be with you on this one.

[starwars4] 16/3/2010 08:40

THIS IS THE RULE UNDER WHICH YSP HAS BEEN CANCELLED RULE 41 WHICH ACCORDING TO THGE LSE NEED SHAREHOLDER APPROVAL....................Rule 41: Cancellation
An AIM company should state the reason for cancellation in its notification.
The Exchange should be informed of the intended cancellation by email from the nominated
adviser to [e-mail].
The period of 20 business days is a minimum. Where earlier communication is sent to
shareholders convening such a meeting, an AIM company must notify that such meeting has
been convened without delay. The notification should set out the preferred date of
cancellation, the reasons for seeking the cancellation, a description of how shareholders will
be able to effect transactions in the AIM securities once they have been cancelled and any
other matter relevant to shareholders reaching an informed decision upon the issue of the
cancellation.
For the avoidance of doubt, the threshold of 75% set out in this rule refers to the percentage of
votes cast (rather than 75% of the class) in respect of each class of AIM security. Consent may
be granted through shareholders voting in person or by proxy at a general meeting.
Circumstances where the Exchange might otherwise agree that shareholder consent in
general meeting is not required would be where:
(a) comparable dealing facilities such as upon an EU regulated market or AIM Designated
Market are or will be put in place to enable shareholders to trade their AIM securities in
the future; or
(b) where, pursuant to a takeover which has become wholly unconditional, an offeror has
received valid acceptances in excess of 75% of each class of AIM securities.
Cancellation will not take effect until at least 5 business days have passed since shareholder
approval has been obtained and a dealing notice has been issued.
Sanctions

[prezer] 15/3/2010 20:33

shrek why not share with the rest of us? We've all been very patient and once again the BoD fail to deliver once again.

[starwars4] 15/3/2010 16:39

if your so friendly with Turton and you say you have rung him and got a reply then share it with all of us on here,iv,e just tried that number and guess what no bloody reply.So you tell us what was said.

[bobby.ifa] 15/3/2010 15:24

Nice post Shrek, who runs your PR?

[starwars4] 15/3/2010 10:29

any body tried the brokers then ??????

[starwars4] 15/3/2010 08:41

How can they keep lying to the lse and the shareholders,this really does take some beating it should be against the law to do this and the directors should be brought to book.JIM

[moneybags] 12/3/2010 12:06

The 15th March deadline is coming up so we will see what happens.

Regards , Moneybags

[allanste] 11/3/2010 16:43

been in and out of loads of shares this is by far the worst at trying to get any information out of down nearly 8k average now about 22p, think it will come out buy 18 sell 8 any views anybody

[bobby.ifa] 11/3/2010 13:34

Here's something interesting. Just been on Companies House website to see if the goons have filed accounts, no they haven't- no surprise there. However, Sue Turton resigned as Secretary at the 1st of December 2009, yet no RNS?
I find the site useful for obtaining the address of the Company Directors if you want to send something, you know, personal to them, like a thank you card or Congratulations, you've lost me £15,000!
The future is bright, the future is black. Suffering of the High Peak.

[hermana] 11/3/2010 10:13

Bob,tis death by a thousand cuts here. At least at the dogs you are either quids up or scuttered in the time it takes Liz Hurley to get out of that famous safety-pin dress.

[bobby.ifa] 11/3/2010 10:05

All quiet on the western front. When are these sodding accounts being published? You couldn't make up beter financial story here, Andrew Lloyd Webbers next smash hit- 'Dogs'.

[davidosh] 26/2/2010 19:27

I bet nobody went !...I am not a holder here but I attended another AGM today and I was the only private shareholder there and a legal rep for the largest holder attended too.

Basically directors get away with mediocre performance and hefty bonuses because the owners(who could change things at AGMs) very rarely show any interest in their investments other than mouthing off all day on BBs.

If Fund managers do not agree with something they just run off rather than take an active interest and put in new management or liaise with other owners to solve issues. Half the time they do not know what is going on at their small cap holdings and do not read an annual report so directors can dance round them all day long...rant over.

[hermana] 26/2/2010 19:15

Mealy rules!!!