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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Baylon Hldgs | MOLE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.125 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.125 |
| Top Posts |
|---|
Posted at 05/3/2010 03:36 by buystock Proactive Investor's Instablog Edit Picture Proactive Investor 11 Baylon to reverse into female security devices manufacturer Ila Security 0 comments Feb 15, 2010 11:54 AM Font Size: PrintEmail TweetThis Baylon Holdings (AIM: MOLE), formerly the Molectra Group, has agreed the terms for its acquisition of privately owned Ila Security, the developer and manufacturer of personal security devices for women. The transaction will see Baylon issue up to 763.3m shares to Ila shareholders, representing approximately 82.4% of the enlarged share capital. The enlarged company will be re-named the Ila Group. The share-based acquisition consists of 388.6m initial consideration shares, and up to 374.7m contingent consideration shares, which will be determined by the outcome of Molectra Australia's application for tax credits worth £554,444. Should the Australian tax credit be received in full by 31st December 2010 no contingent shares will be issued to Ila shareholders, however should the company receive less than £554,444 then either some or all of the contingent shares will be issued. "Baylon are delighted to be acquiring Ila at this time of its growth. Ila has created a brand with huge potential with limited capital", Baylon CEO Paul Gazzard commented. "We hope the additional resources this deal provides will allow Ila to fulfil its potential and grow into an international brand". Ila's first product was the Dusk, a pocket-sized alarm that emits a 120 decibel female scream. The company's pipeline also includes five new products which are considered to be at a relatively advanced stage of development. The deal is expected to help fund the continued development of the product portfolio, enhance its distribution prospects and accelerate future research and development programmes. The new products, provisionally named Jogger, Hook, Wedge, Pebble and Leash, have received indications of early interest from existing retailers and offer potential new distribution opportunities as an extended product range facilitates their deployment to prospective new distributors. "The acquisition is ideally timed to allow the expansion of Ila's existing relationships with major UK retailers as well as our international sales programme within the US, Canada and Europe", Ila Security Chief Executive Simon McGivern said. On completion, Ila co-founder McGivern will become the enlarged group's Chief Executive and whilst fellow co-founder James Phillips will become the Sales Director. Baylon's current Chief Executive, Paul Gazzard will become Chief Operating Officer, while fellow Baylon directors Neil Munn and Adam Arnold will become non-executive directors of the enlarged group. Baylon's current Chief Financial Officer, Rodger Sargent will stand down from the Board but will remain with the company as Financial Controller. The deal is expected to complete on the 5th March, subject to respective shareholders approval. The first tranche of shares are expected to be admitted to AIM on the 5th March, with the contingent shares to be admitted at a later date, if necessary. Disclosure: The author holds no positions in the company |
Posted at 04/3/2010 14:47 by buystock 04/03/2010 14:39 PM UK BUY 100000 MOLE placed Executed MOLE 04/03/2010 14:34 PM UK BUY 100000 MOLE executed @ 1.25 GBX Executed MOLE 200k in my account |
Posted at 04/3/2010 11:39 by pre RNS out.....acqusition approved at EGM:-)))Result of EGM TIDMMOLE RNS Number : 0858I Baylon Holdings Limited 04 March 2010 ? 4 March 2010 Baylon Holdings Limited ("Baylon" or "the Company") Result of EGM Baylon (AIM: MOLE) is pleased to announce that at the Extraordinary General Meeting held earlier today all resolutions proposed to shareholders were duly passed, including the approval of (i) the waiver under Rule 9 of the City Code on Takeovers and Mergers; (ii) the proposed acquisition of Ila Security Limited (the "Proposed Acquisition"); (iii) the grant to Directors of authority to issue shares in connection with the Proposed Acquisition and in the future; (iv) the authorisation of the Directors to disapply pre-emption rights on the issue of shares; and (v) the change of the Company's name to Ila Group Limited. Application has been made for admission to trading on AIM of 394,282,040 new ordinary shares of no par value in connection with the Proposed Acquisition (the "New Ordinary Shares"). The admission to AIM of the New Ordinary Shares is expected to become effective at 8 a.m. on Friday 5 March 2010. The Proposed Acquisition is expected to complete at the same time and dealings in the enlarged share capital of the Company will commence immediately thereafter. Total Voting Rights Following completion of the Proposed Acquisition and admission of the New Ordinary Shares to AIM, the Company's total issued share capital and total voting rights will consist of 540,582,827 ordinary shares of no par value. The Company will not hold any ordinary shares in treasury. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Company's articles of association, which incorporate the relevant provisions of the Financial Service Authority's Disclosure and Transparency Rules. Change of Name It is anticipated that the change of name of the enlarged group to Ila Group Limited will become effective shortly and as soon as recorded by the Registrar of Companies in Jersey. Shortly thereafter, it is expected that the ticker will change to "ILA" in order to reflect the change of name. A further announcement will be made in due course. For further information please contact: +------------------- | Baylon Holdings Limited | | | Paul Gazzard | 01725 510 383 | | Rodger Sargent | 020 7355 7662 | | | | +------------------- | Arbuthnot Securities Limited | 020 7012 2000 | | Antonio Bossi | | | Ed Groome | | | | | +------------------- This information is provided by RNS The company news service from the London Stock Exchange END |
Posted at 04/5/2009 18:23 by pre 'MOLE' looks well undervalued as you've rightly identified Monis.....we should see some significant buying interest tomorrow....no stamp duty to pay either...so a nice bonus:-) |
Posted at 04/5/2009 12:18 by monis What the f.ck has that company got to do with MOLE?????? |
Posted at 04/11/2003 21:25 by irresponsible Can anyone remember The Mole Whisperer with Clint Eastwood? He always got his mole. |
Posted at 04/11/2003 14:03 by jabberstocky Not sure about the significance of Scotty's moles on the bum, but the question of whether to remove a mole, leaving asthetic judgment aside, relates to the fortune dependant on its location. If on the right forehead it is said to signify riches and power, on the left misfortune, and cruelty in the centre. A mole on the front of the neck signifies good fortune, but on the back of the neck the gallows. The trick then is to encourage the mole to move from the garden to the fortunate location. |
Posted at 04/11/2003 13:51 by scotty500 Should the header read :-------------------- sugarbeast - 04 Nov'03 - 12:01 As you may remember,I had a [thrush] problem a few months back.That appears to have been solved,as I don't see them anymore or see evidence of their presence. My new problem is moles.My [ass] looks like the surface of the moon[or S7's face],with lots of [piles] appearing on a daily basis. Whilst I have no desire to play [pick then off my ass],I would like to see the occasional patch of [smooth skin].We are surrounded by [clingon's and bum hairs],so why can't the little blighters [surface there where they are less visiable] I like moles...who could ever forget the 'I am a mole and I live in a hole' song ? But I am a mole nimby. How can I get rid of the little fekkers ? |
Posted at 04/11/2003 12:12 by widemouthfrog "Moles do not directly destroy plantings by chewing, but can ruin a lawn's looks and damage young plant roots with their tunneling in search of grubs. A concoction of 3 ounces castor oil and 4 tablespoons dishwashing liquid mixed in a blender with 1 cup of warm water yields about 12 ounces of concentrate. When ready to treat the mole tunnels, mix 2 tablespoons in a gallon of warm water. Spray the affected area or locate a tunnel, make a hole with a stick, and pour in about a cup of the diluted mixture. In a large yard this method is quicker and easier than spraying."regards widemouthbuddist |
Posted at 04/11/2003 12:01 by sugarbeast As you may remember,I had a fox problem a few months back.That appears to have been solved,as I don't see them anymore or see evidence of their presence.My new problem is moles.My garden looks like the surface of the moon,with lots of piles of earth appearing on a daily basis. Whilst I have no desire to play croquet on my lawn,I would like to see the occasional patch of green.We are surrounded by woods and fields,so why can't the little blighters go there to dig there mounds. I like moles...who could ever forget the 'I am a mole and I live in a hole' song ? But I am a mole nimby. How can I get rid of the little fekkers ? |
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