Bond International Share Discussion Threads

[davidosh] 20/12/2017 12:11

Anyone know when the final payment is due ? They said by end of 2017

[boadicea] 07/6/2017 16:13

Does anyone have any news about progress of the wind-up to get the last 2 or 3 pence?

[flagon] 18/1/2017 16:28

TDW - Yes.

[cottonpickers] 18/1/2017 15:52

Iweb yes. Equinity no.

[eeza] 18/1/2017 15:36

Anyone else managed to get paid yet - still Zero from ShareCentre.

[eezymunny] 17/1/2017 12:35

From my broker "Please note the liquidator has stated it expects to make a final distribution towards the end of 2017 which is expected to be for less than 2p per Share"

FYI

[norbert colon] 16/1/2017 08:30

Cash arrived in my AJ Bell SIPP

[flagon] 13/1/2017 14:33

Nothing in TDW as yet

[eezymunny] 13/1/2017 13:47

Snape. No, it's a return of capital. So you need to think about CG Tax if outside an ISA.

[snape] 13/1/2017 13:46

Does the distribution class as a dividend for income tax purposes?

[eeza] 13/1/2017 13:37

Thank you, Eezy. Good news - will be better news when my sluggards get around to putting it into my account.

[eezymunny] 13/1/2017 13:34

Indeed received in 2 of 3 accts holding BDI.

Just FYI

[eezymunny] 13/1/2017 13:19

I've had 1st distr of 126p/sh today from one of the brokers I hold BDI with.

Good stuff.

[eeza] 12/1/2017 17:12

1 day left.

[norbert colon] 11/1/2017 17:08

Nothing received yet in my SIPP

[boadicea] 10/1/2017 09:53

First distribution of 126pps (min) is expected this week.

[eeza] 13/12/2016 11:11

Had a letter from Share Centre saying BDI shares are no longer eligible to be held in an ISA because it has delisted. So the shares will be transferred out of the ISA wrapper, on January 6th, into either an ordinary share account or converted to a paper certificate (£25 charge).

[boadicea] 02/12/2016 11:58

Just a reminder to anyone who may wish to cash up before liquidation is received that they need to move soon as next Tuesday (6th Dec) is the last available trading date -
[Quote]
" Subject to the passing of the Resolutions by the requisite majority, admission of the Ordinary Shares to trading on AIM will be cancelled with effect from 7.00 a.m. on 8 December 2016, following which the Company's Ordinary Shares will no longer be tradeable.

"The Ordinary Shares will be suspended from trading at 7.30 a.m. on 7 December 2016 in advance of the General Meeting, as the commencement of the liquidation process will render the Company inappropriate for admission to trading on AIM. No mechanism to enable Ordinary Shares to be traded following cancellation will be made available to shareholders."

[pj 1] 09/11/2016 10:17

I don't often post here but seeing as this is my only stock which wasn't marked down on the open I thought Id try and look good and seek refuge at the same time!

I assume positions will be closed at the de-list in December and not after the voluntary liquidation?

[eeza] 04/11/2016 14:16

RNS
Bond International Software plc

(the "Company")

Completion of sale of Recruitment Software Subsidiaries

and

Resignation of Director

Further to the announcements on 22 October 2016 and 31 October 2016, Bond International Software plc is pleased to announce the completion of the sale of its Recruitment Software Subsidiaries, comprising Bond International Software (UK) Limited ("Bond UK"), Bond International Holdings Inc, Bond International Software Pty Limited, Bond International Software China Ltd, Bond International Software (Singapore) Pte. Ltd and Bond International Software KK., to Hockliffe Limited and Bond US Inc. and receipt of the cash consideration of GBP24.1m. The Company is also pleased to announce the completion of the sale of its real estate asset, comprising the Company's registered office and Bond UK's office, for a consideration of GBP1.8m.

Following the disposal of the Recruitment Software Subsidiaries, Tim Richards has resigned from the Board of the Company with immediate effect to continue his career with the Recruitment Software Subsidiaries.

Chairman Martin Baldwin commented: "We would like to thank Tim for his very considerable contribution to the Company over the last 19 years and wish him well for the future".

Now that the sale of the Recruitment Software Subsidiaries has completed and as previously announced, the Board intends to propose a members' voluntary winding up of the Company as soon as practicable and a further announcement will be made about this next week.

[eeza] 01/11/2016 21:33

Which one.

[swiss paul] 01/11/2016 21:27

Happy Xmas!

[boadicea] 31/10/2016 14:28

"... shortly"?
Actually, it is likely to be some time in January, so not so 'shortly'.
The guidance from directors is -
"... the Directors estimate that the amount of that initial distribution could be increased to between 126.0 pence and 128.0 pence per share. ... The Directors understand that the liquidator would expect to make a first distribution to Bond Shareholders shortly after 4 weeks from the commencement of the liquidation which is currently anticipated to commence on or around mid-December 2016."

[boadicea] 31/10/2016 14:11

Hi Eeza - You beat me to posting that by a minute!
So we now have an answer to the final moves for BDI and should expect the first cash distribution shortly.
[Edit: See below.]

[eeza] 31/10/2016 14:06

" Result of General Meeting

Bond is pleased to announce that at the Company's Adjourned General Meeting held today at 11.30 a.m. to approve the disposal of the Recruitment Software Subsidiaries (the "Disposal"), the ordinary resolution put to shareholders was duly passed.

As detailed in the circular to shareholders on 24 October 2016 (the "Circular"), the Disposal is subject to certain other Conditions, and completion is due to take place on 4 November 2016. Further announcements will be made in this regard as appropriate."