ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

AIE Ashoka India Equity Investment Trust Plc

269.00
1.00 (0.37%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ashoka India Equity Investment Trust Plc LSE:AIE London Ordinary Share GB00BF50VS41 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.37% 269.00 269.00 270.00 270.00 266.00 270.00 551,437 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 0 34.58M 0.2855 9.46 326.98M
Ashoka India Equity Investment Trust Plc is listed in the Trust,ex Ed,religious,charty sector of the London Stock Exchange with ticker AIE. The last closing price for Ashoka India Equity Inve... was 268p. Over the last year, Ashoka India Equity Inve... shares have traded in a share price range of 173.00p to 279.00p.

Ashoka India Equity Inve... currently has 121,104,947 shares in issue. The market capitalisation of Ashoka India Equity Inve... is £326.98 million. Ashoka India Equity Inve... has a price to earnings ratio (PE ratio) of 9.46.

Ashoka India Equity Inve... Share Discussion Threads

Showing 5376 to 5399 of 5525 messages
Chat Pages: 221  220  219  218  217  216  215  214  213  212  211  210  Older
DateSubjectAuthorDiscuss
26/6/2015
08:14
The question is why is itA. They have balls of steel and are going with a gut feeling.B. They know something or have a rumour that we don't know about.C. They are stupid.
werty5
26/6/2015
08:08
Buying into Anite above offer price hopefully someone knows something.
werty5
26/6/2015
08:02
Now that is a surprisingly good start to the day, could there be a rumour circulating?
werty5
24/6/2015
19:30
Hmmm, but we have to be realistic about the offer. 300p would be colossal, 200p is just the going rate.

Alphaville re full year trading update FY2015

picobird
24/6/2015
19:20
200p would be colossal - I would be settle for 155
mbmiah
24/6/2015
19:00
Just wondering when that 'offer incidental' runs out. The irrevocable shareholders clause had 7 days of grace from the announcement date. So now Keysight has 15% of the 75% needed.
The profit figure has already been established. Sales of their new utility suites came through strongly in Q4.
Add a decent premium ( say that 20% Keysight kept shouting about ) & that offer bid should be revised to 200p. Problem is Keysight cannot cover that with their offshore funds without digging deeper elsewhere.

picobird
24/6/2015
18:51
If they are that poor the deal may be off, but does this not also reflect badly on the BOD who appeared to think they would be good??
This can't be true. The results will be OK. Then another offer comes in and we are all sitting pretty, maybe!

jadeticl3
24/6/2015
18:40
EBITDA £ 22.1 mill ( even after taking the € weakness into account ).
Chris Humphrey is going to need some moral support at the analyst meeting.
Will the Keysight guy be there ???
The chairman will be IMHO.

picobird
24/6/2015
17:12
Looking at the figures. The current price is 127.62p. The growth rate is 19% for the current year. The P/E ratio is 19. That gives a PEG of 1.2.
So in the medium term we could have expected the share price to hit £1.60. So Keysight is getting the company at a discount of 20% & not paying a premium of 20%. That is if we can all bear the situation for a couple more weeks.
So yes, the shareholders have been taken for a ride. The timing was disgusting coming as it did before the results were announced next week.

A lot of these older guys get a great thrill from the cut & thrust of running a company. For many it keeps their minds active & results in them staying 'young'. Nowadays 80 might be a good age to consider being 'old' in a company environment & not earlier. In fact in a recent interview Chris Humphrey said that he prefers being an executive rather than laying on the beach.

I will leave it to other posters on this board as to whether an accountant (CEO) who is on about £360,000 basic really needs options as an incentive. I agree options do serve a purpose but not to the extent that Anite has gone to in their LTIP implemented by the chairman last year. The group finance man is on about two thirds of that plus options.

Incidentally Chris Humphrey is an FCA, CIMA, BA, MBA & also works in an honorary position for a couple of public companies (figures presentation - Companies Act capacity). He has the figures already & yet advocates the acceptance of the Keysight offer.
That sums up the motive that is operating here !!!

picobird
24/6/2015
16:52
Hello to current Anite forum members. I'm rather new to this but as one of the sons of the guy that took this company public I feel moved to have my say. I agree with 'picobird' that this company still has a lot more growth in it shareware and that the directors just want to take the money and run. Many of them are quite old and just want to enjoy the fruits of their labour while the going is good. I also agree with 'irenekent' that the shareholders are missing out, if my information is correct, to the tune of £22million!. I would interested in other shareholders' opinions on this.
mrsting
24/6/2015
16:26
It can't be Keysight buying. Someone on another forum says they cannot buy above £1.26 without increasing the offer price.
picobird
24/6/2015
16:22
was that 2m in total then Davros?
brando69
24/6/2015
15:56
Now why would someone just buy 1m shares above the offer price...?
davr0s
24/6/2015
15:55
Now why would someone just but 1m shares above the offer price?
davr0s
24/6/2015
14:51
Seems to me that they just want to take the money & run.
Chris Humphrey is no doubt fed up with his commute between Fleet & Bath. In his late fifties he just wants to put his feet up ( and count his wad ).
Pretty straightforward really. People normally love their jobs especially if there is a pot of gold at the end of the rainbow !
Do not get me wrong, CEO's do work hard. Where there are people there are always meetings, normally through most of the day.

When the results are announced will anybody notice? Peeps are going to be running around in circles after Greece defaults.

picobird
24/6/2015
13:29
Found this twitter site. Makes a good summary of Anites achievements to date.

Changing the subject scroll down and check that lorry out with video display on the back.

butmac
24/6/2015
10:30
Either our BOD are dishonest, self-seeking, oppertunists, or very shrewd directors pursuing a carefully crafted route to flush out would be buyers. Only time will tell. I have my views but am prepared to wait a few weeks. The one thing I am clear about is that, from all that we know, this recommended offer is way below fair value. Now why would a knowledgeable, capable, honest BOD recommend such an obviously low offer? Mmmmm!
jadeticl3
24/6/2015
09:32
Yep that's my stance too, werty
davr0s
24/6/2015
09:23
Staying put at the moment. I look at it this way your money is safe at this level because we all know the price offered for Anite however could be plenty of upside if a rival bid materialises. So low risk plenty of potential uprise can't get that by investing elsewhere.
werty5
23/6/2015
23:11
Sitting tight. But, the painfully slow movements in the share price says to me it's a done deal and the MMs are just playing us all
mbmiah
23/6/2015
20:17
Well done brand69, you have been around on this I thread for quite a while so good luck for the future.

I must confess that I would like to see this Keysight takeover scuppered. Been reading posts on other forums, those posters are rather pained off by the events as well. People expecting an absolute minimum bid of 140p & another saying that he always thought that Anite was solely run for the benefit of the directors.

The timing of that IC article is a little suspicious. IC had steered well clear of Anite for a considerable time prior to that rather too well informed 2 page report.

Interestingly enough 45% of CEO's have been to private schools although it used to be much higher.
Tomorrow week everyone will know that the offer was too low. Will Keysight then increase their offer - only if pigs can fly !!!

picobird
23/6/2015
12:08
I sold up yesterday, with a decent 30% return. Clear that the money would be better used elsewhere. Topped up my STY holding and it's already gained 35% in 24 hours so can't complain. Maybe a rival bid will come, but there are clearer ways to make money than play that guessing game.
brando69
23/6/2015
11:18
TIDMAIE
RNS Number : 8850Q
Anite PLC
23 June 2015
FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the "Code")
1. KEY INFORMATION

(a) Full name of discloser: ANITE PLC
--------------------------------------------------------------------------------------------- -------------
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): N/A
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s),
settlor and beneficiaries must be named.
--------------------------------------------------------------------------------------------- -------------
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: ANITE PLC
Use a separate form for each offeror/offeree
--------------------------------------------------------------------------------------------- -------------
(d) Is the discloser the offeror or the offeree? OFFEREE
--------------------------------------------------------------------------------------------- -------------
(e) Date position held: 22 June 2015
The latest practicable date prior to the disclosure
--------------------------------------------------------------------------------------------- -------------
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect NO
of any other party to the offer?
If it is a cash offer or possible cash offer, state "N/A"
--------------------------------------------------------------------------------------------- -------------

2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

Class of relevant security:
----------------------------------------------------------------------------------- --------------------------------
Interests Short positions
----------------------------------------------------------------------------------- ------------ ------------------
Number % Number %
----------------------------------------------------------------------------------- -------- ------------- ---
(1) Relevant securities owned and/or controlled: - - - -
----------------------------------------------------------------------------------- -------- ------------- ---
(2) Cash-settled derivatives: - - - -
----------------------------------------------------------------------------------- -------- ------------- ---
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: - - - -
----------------------------------------------------------------------------------- -------- ------------- ---
- - - -
TOTAL:
----------------------------------------------------------------------------------- -------- ------------- ---

All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities

Class of relevant security in relation to which subscription right exists: -
----------------------------------------------------------------------------
Details, including nature of the rights concerned and relevant percentages: -
----------------------------------------------------------------------------

3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors' and
other employee options) of any person acting in concert with the party to the offer making
the disclosure:
--------------------------------------------------------------------------------------------
Numbers of % of Anite Shares
Directors Holdings Anite Shares in Issue
-------------------- ---------- ---------------- ------------- ------------------
Clay Brendish 319,472 0.11%
Christopher
Humphrey 1,891,889 0.63%
Richard Amos 507,556 0.17%
Patrick De Smedt 19,969 0.01%
David Hurst-Brown 230,000 0.08%
Nigel Clifford 41,166 0.01%
Paul Taylor 27,250 0.01%


Numbers of % of Anite Shares
Senior Employee Holdings Anite Shares in Issue
-------------------------------- ---------------- ------------- ------------------
John Michael
Bonin 941,814 0.31%
Petri Toljamo 0 -
Neil Bass 323,135 0.11%


SAYE Options Quantity Price (p/share) Vesting date Expiry Date
-------------------- ---------- ---------------- ------------- ------------------
Christopher
Humphrey 10,439 59.1p 01-Sep-16 01-Mar-17
Christopher
Humphrey 33,760 71.8p 01-Oct-19 01-Apr-20
Richard Amos 25,069 71.8p 01-Oct-17 01-Apr-18
Neil Bass 10,439 59.1p 01-Sep-16 01-Mar-17
Neil Bass 33,760 71.8p 01-Oct-19 01-Apr-20


LTIP Options Quantity Price (p/share) Vesting date Expiry Date
-------------------- ---------- ---------------- ------------- ------------------
Christopher
Humphrey 938,855 0.00 06-Oct-17 05-Oct-24
Richard Amos 625,900 0.00 06-Oct-17 05-Oct-24


Executive Option Quantity Price (p/share) Vesting date Expiry Date
-------------------- ---------- ---------------- ------------- ------------------
Christopher
Humphrey 20,134 0.00 04-Jul-14 29-Jun-16


SMP Options Quantity Price (p/share) Vesting date Expiry Date
-------------------- ---------- ---------------- ------------- ------------------
Christopher
Humphrey 3,207,818 0.00 07-Jul-13 06-Jul-20
Christopher
Humphrey 90,370 0.00 07-Jul-13 06-Jul-20
Christopher
Humphrey 951,954 0.00 08-Jul-16 07-Jul-23
Richard Amos 1,276,229 0.00 07-Jul-13 06-Jul-20
Richard Amos 35,953 0.00 07-Jul-13 06-Jul-20
Richard Amos 233,960 0.00 30-Jun-14 29-Jun-21
Richard Amos 11,793 0.00 04-Jul-14 29-Jun-21
Richard Amos 423,091 0.00 08-Jul-16 07-Jul-23


PSP Options Quantity Price (p/share) Vesting date Expiry Date
-------------------- ---------- ---------------- ------------- ------------------
Christopher
Humphrey 228,042 0.00 18-Aug-11 17-Aug-18
Christopher
Humphrey 304,794 0.00 23-Dec-11 22-Dec-18
Christopher
Humphrey 830,350 0.00 10-Jul-12 09-Jul-19
Christopher
Humphrey 861,111 0.00 07-Jul-13 06-Jul-20
Christopher
Humphrey 24,259 0.00 07-Jul-13 06-Jul-20
Christopher
Humphrey 297,686 0.00 30-Jun-14 29-Jun-21
Christopher
Humphrey 15,005 0.00 04-Jul-14 29-Jun-21
Christopher
Humphrey 286,697 0.00 04-Jul-15 03-Jul-22
Christopher
Humphrey 288,246 0.00 08-Jul-16 07-Jul-23
Richard Amos 513,889 0.00 07-Jul-13 06-Jul-20
Richard Amos 14,477 0.00 07-Jul-13 06-Jul-20
Richard Amos 187,168 0.00 30-Jun-14 29-Jun-21
Richard Amos 9,434 0.00 04-Jul-14 29-Jun-21
Richard Amos 191,131 0.00 04-Jul-15 03-Jul-22
Richard Amos 192,164 0.00 08-Jul-16 07-Jul-23


MIP Options Quantity Price (p/share) Vesting date Expiry Date
-------------------- ---------- ---------------- ------------- ------------------
John Michael
Bonin 100,000 0.00 04-Jul-15 03-Jul-22
John Michael
Bonin 450,000 0.00 04-Jul-17 03-Jul-24
Petri Toljamo 257,334 0.00 08-Jul-16 07-Jul-23
Petri Toljamo 384,694 0.00 04-Jul-14 03-Jul-24
Neil Bass 100,000 0.00 06-Jul-12 05-Jul-19
Neil Bass 250,000 0.00 07-Jul-13 06-Jul-20
Neil Bass 25,000 0.00 30-Jun-14 29-Jun-21
Neil Bass 50,000 0.00 04-Jul-15 03-Jul-22
Neil Bass 105,306 0.00 08-Jul-16 07-Jul-23
Neil Bass 117,305 0.00 04-Jul-17 03-Jul-24


MMP Options Quantity Price (p/share) Vesting date Expiry Date
-------------------- ---------- ---------------- ------------- ------------------
John Michael
Bonin 1,275,000 0.00 11-Jul-16 10-Jul-23
--------------------------------------------------------------------------------------------

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal
or informal, relating to relevant securities which may be an inducement to deal or refrain
from dealing entered into by the party to the offer making the disclosure or any person acting
in concert with it:
Irrevocable commitments and letters of intent should not be included. If there are no such
agreements, arrangements or understandings, state "none"
------------------------------------------------------------------------------------------------

None
------------------------------------------------------------------------------------------------

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the party
to the offer making the disclosure, or any person acting in concert with it, and any other
person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which
any derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"
----------------------------------------------------------------------------------------------

None
----------------------------------------------------------------------------------------------

(c) Attachments
Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions) NO
------------------------------------- ---
Supplemental Form 8 (SBL) NO
------------------------------------- ---


Date of disclosure: 22 June 2015
--------------------- -------------------
Contact name: Neil Bass
--------------------- -------------------
Telephone number: +44 (0)1252 775268
--------------------- -------------------

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
FEESEDFMEFISEFM

fvr2
23/6/2015
10:24
Pico, the BOD recommending this, does seem to be a Long Term 'Inventive' Plan for them. :-)

Andyj, but why would anybody pay 129-130 currently?

kilgallp
Chat Pages: 221  220  219  218  217  216  215  214  213  212  211  210  Older

Your Recent History

Delayed Upgrade Clock