Indigovision Share Discussion Threads

[jason_j] 27/6/2020 08:14

1happyinvestor, could of, should of, would of....the wise ones did, they just borrowed off their holdings.... Tesla @ 376.....

comrog, same..enjoy !

[comrog] 26/6/2020 16:57

Cash was in my account yesterday

[1happyinvestor] 25/6/2020 23:15

Jason J, can you rub that crystal ball harder ;-)
Per the terms of this sales process it was stated within 14 days of scheme approval date which was 16 June.
I haven't seen any specific date anywhere, so we have until 30 June latest as I see it.
In hindsight it may have been better move for many of us to sell at circa 10% discount in last few months and invest that cash elsewhere with the opportunities that were created die to covid.
Oh well.

[jason_j] 24/6/2020 00:20

rubbed the Crystal Ball again last nite....still says june 25, dependent on individual clearing times...

[welsheagle] 23/6/2020 14:52

Thanks SRSM and Jason J

[jason_j] 19/6/2020 02:08

June 25 seems to be the targeted date.....

[srsm] 18/6/2020 15:26

Looks like it will be in about 14 days time.

[welsheagle] 18/6/2020 14:54

Has the cash been given out yet

[srsm] 17/6/2020 19:08

Motorola got a bargain.
Avigilon $1B
IND £30M

Could/Should have been the other way around.

[exotic] 17/6/2020 17:20

RIP IndigoVision

[exotic] 28/5/2020 19:03

Column formatting did not transfer with the above text.

Please see original RNS here:

[exotic] 28/5/2020 18:58

28/05/2020 4:18pm
RNS Number : 2700O


NOTICE OF COURT HEARING

Further to IndigoVision's announcements on 14 April 2020 and 11 May 2020, the boards of IndigoVision and Bidco are pleased to announce that the Court Hearing has been scheduled for 12 June 2020.

An updated expected timetable of principal events is set out below.

Expected Timetable of Principal Events

The following indicative timetable sets out the expected dates for implementation of the Scheme.

The following dates and times associated with the Scheme may be subject to further change. IndigoVision will give adequate notice of any further updates or changes to these dates and times, when known, by issuing a further announcement through a Regulatory Information Service. See also note (1) below.


Court Hearing 9.00 a.m. on 12 June 2020
(2)
Grant of Court Order 12 June 2020
Last day of dealings in, and for 15 June 2020
registration of transfers of,
IndigoVision Shares
Disablement in CREST of IndigoVision 6.00 p.m. on 15 June 2020
Shares
Scheme Record Time 6.00 p.m. on 15 June 2020
Suspension of trading in IndigoVision 7.30 a.m. on 16 June 2020
Shares on AIM
Effective Date of the Scheme 16 June 2020 (3)
Cancellation of the admission 7.00 a.m. on 17 June 2020
to trading of IndigoVision Shares
on AIM
Despatch of cheques and crediting within 14 days of the Effective
of CREST accounts for the cash Date
consideration due under the Scheme
Long Stop Date 31 August 2020 (4)

[sharw] 14/5/2020 10:05

Read the RNS:
"These dates will depend, among other things, on the date on which the Court sanctions the Scheme. A further announcement will be made in the event that any of these dates change".

Normally getting a date from the Chancery Division of the High Court is routine but these are not normal times.

Also read the RNS for the timetable because even if suspension date is 15/6 you won't get your payment then anyway:

Court Hearing (to sanction the Scheme) D

Last day of dealings in, and for registration of transfers of, and disablement in CREST of, IndigoVision Shares D+1

Scheme Record Time 6.00 p.m. on D+1

Suspension of trading of IndigoVision Shares on AIM close of business on D+1

Effective Date of the Scheme D+2

Cancellation of admission of IndigoVision Shares to trading on AIM 7.00 a.m. on D+3

Dispatch of cheques and crediting of CREST stock accounts for the Cash Consideration due under the Scheme No later than D+16

[lothar7] 13/5/2020 14:16

so is the payment definitely the 15th June - or is nothing for certain yet?

[happytimes77] 12/5/2020 17:15

I think it is just further process I was personally not aware of in such proceedings.

[welsheagle] 12/5/2020 15:55

Happytimes77
Do you think that the delay is down to the virus

[happytimes77] 11/5/2020 16:15

Having had a quick read of result of today's court meeting it would appear we have some time yet to wait on shares payments. Trading until 15 June before suspension of shares and "long" date until 31 August (though I know less of this dates impact if any).
I assume no earlier than end of June now for payment!?

[happytimes77] 06/5/2020 15:27

Welsheagle thank you for clarification.
Certainly help my month end cash balance then.

[welsheagle] 06/5/2020 15:14

Happytimes77 - Pay date within 16 days of 11th May.

[happytimes77] 06/5/2020 13:03

Assuming the expected % is reached to agree to sale at meeting (on 11th!?), when can shareholders expect payment for shares held?

Yes, mixed emotions as it's been a very long hold and those heady days of c.£10 still linger as missed opportunity.
However, considering the last number of years then on balance feels pretty decent to be able to get out at £4.05

[exotic] 14/4/2020 22:21

Late news release 'IndigoVision Group PLC Posting of Scheme Document'


For those who had doubts, looks like it's still going ahead.

[glavey] 07/4/2020 17:05

So a number of countries are making use of monitoring in the crackdown against COVID-19 particularly in attempts to prevent secondary infection. That is quite likely to continue even after COVID-19 so there are better chances of dealing with any possible similar events going forward. That would suggest to me that technology and expertise like that of IND could be valuable going forward. Or is IND now so far behind the curve that they are largely irrelevant?

Views?

[hop53ton] 21/3/2020 14:17

Jason J - I've sent you a private message.

[glavey] 21/3/2020 03:10

SRSM,
20 Mar '20 - 11:23 - 4092
My point entirely.


Jason,
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