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UNG Universe Group Plc

11.50
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Universe Group Plc LSE:UNG London Ordinary Share GB0009483594 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 11.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 11.50 GBX

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Posted at 19/1/2022 15:45 by oldtimer169
I seem to recall reading that tabled offers of 8p and 10p per share were rejected and 12p was the recommended take out price.Without the new regime taking the reins it may well have meandered for a lot longer!
Posted at 19/1/2022 13:52 by loganair
Shareholders on the register at the Scheme Record Time, being 6.00 p.m. on 18 January 2022, are entitled to receive 12 pence in cash for every Scheme Share held. Cheques will be dispatched to Scheme Shareholders holding Scheme Shares in certificated form and the CREST accounts of Scheme Shareholders holding Scheme Shares in uncertificated form will be credited by no later than 2 February 2022.
Posted at 19/1/2022 13:33 by oldtimer169
Plenty of winners here including the directors who master-minded the plan.IMO the takeout price was as good as could be expected all things considered.
Posted at 07/12/2021 22:58 by spud
I see the old dog has been put out of its misery! Sold about 4 years ago but can't remember the price. Well done to those that had the patience to hold. spud
Posted at 29/11/2021 15:58 by melton john
Reading up on Capital Reorganisation I'm afraid that the 5p shares were relaced by 1 new 1p and 1 deferred 4p share, these were cancelled, having no rights or value. The company was then able to issue new shares at a premium to the 1p nominal value.



Para7 applies

Immediately prior to the Extraordinary General Meeting, the Company will have 114,704,539 Existing Ordinary Shares in issue. Resolution 1 to be proposed at the Extraordinary General Meeting proposes that each of the Existing Ordinary Shares be split into one New Ordinary Share of 1 penny and one Deferred Share of 4 pence, such Deferred Shares having the rights attached to them in the articles of association of the Company to be amended pursuant to Resolution 3.
Posted at 29/11/2021 13:16 by melton john
JulianL
This notice of holding mentions 1P shares, earlier in the year there was a reorganisation of capital to enable a fund raise when nominal value changed from 5p

Universe (UNG.L), a leading developer and supplier of payment and on-line loyalty systems, was notified on 11 January 2013 that, on the same day, the Company's directors purchased a total of 527,955 ordinary shares of the Company of 1p each ("Ordinary Shares") at a price of 3.75p per Ordinary Share.
Posted at 23/11/2021 18:38 by melton john
I'm not sure whether IISL are buying in the market Oldtimer169, I'm pretty certain it will be announced if they do. The only trade that was announced was the 393,253 sold by Fincapp as they are acting as an advisor. All trades in this stock go through the market makers so anybody's guess whose buying but a guaranteed selling price if they wait and the deal goes through, odds on it will. There will be a few RNS before then. Level 2 shows Peel on the bid and offer.
Posted at 23/11/2021 07:46 by faz
I can't find the acquisition price either in the RNS or on the website. Can anyone confirm the price please?
Posted at 15/11/2021 10:27 by oldtimer169
All very interesting.As is the fact that the new board recently spent collectively LSTG1million buying shares above the current share price level.DYOR
Posted at 23/6/2015 12:50 by loganair
I think UNG share price is going to act in a similar way to United Carpets whose share price rose 25% in a week after they announce the resumption of Dividend payments.

I other words the resumption of dividend payments will be the catalyst for a major rise in the UNG share price.
Universe share price data is direct from the London Stock Exchange

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