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CNMI Camper & Nic.

8.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Camper & Nic. LSE:CNMI London Ordinary Share GG00B1FCZR96 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 8.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
6.00 10.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 8.00 GBX

Camper & Nic. (CNMI) Latest News

Real-Time news about Camper & Nic. (London Stock Exchange): 0 recent articles

Camper & Nic. (CNMI) Discussions and Chat

Camper & Nic. Forums and Chat

Date Time Title Posts
14/7/201713:57Camper & Nicholsons - Marina Investvents for all87

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Camper & Nic. (CNMI) Most Recent Trades

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Camper & Nic. (CNMI) Top Chat Posts

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Posted at 30/3/2015 07:40 by tradermel
I wonder if todays RNS will liven this sleepy little thread?
Posted at 07/7/2014 14:03 by praipus
Richard Griffiths increasing his CNMI holding to 12.95%



I track the rest of Richard Griffiths holdings on the WAM thread
Posted at 01/7/2014 09:34 by darias
Perhaps this is why no one has any confidence in the management of the company. Only CNMI would suggest that when less than 2/3 of share holders are confident enough to take up an offer it was a successful placing!

As for directors putting in £163k that wouldn't even buy a bottom of the range Oyster!

RNS Number : 7624K

Camper & Nicholsons Marina Inv Ltd

27 June 2014

Camper & Nicholsons Marina Investments Limited

("CNMI" or the "Company")

Results of Open Offer and EGM

Camper & Nicholsons Marina Investments Ltd (AIM:CNMI.L), a leading international marina company, is pleased to report the results of the Open Offer that was announced on 6 June 2014.

Highlights:

-- GBP2.4 million raised pursuant to the Open Offer following Shareholder approval at the Extraordinary General Meeting.

-- Applications received for 15,486,525 Offer Shares, representing a take-up rate of 64.53 per cent, including that by First Eastern Holdings and FE Marina Investments.

-- First Eastern Holdings, FE Marina Investments and Clive Whiley to hold 53.45 per cent. of the Company's enlarged issued share capital.

-- Proceeds will ensure that the Company has sufficient funds to complete the agreed amendment to its facility with Scotia Bank including the replacement of the bullet repayment of $7.5 million due in 2015 with staged payments of principal from 2016 to 2019 and amendment of the associated interest rate; execute its development plan including the potential increase in number of marina berths at GHM and Cesme by some 3%; and fund the anticipated increase in working capital associated with supporting further growth within CNFE.

Sir Christopher Lewinton, Chairman of the Company, commented: "We are delighted to have received such a strong level of support for our proposals from our investors to enable us to continue to pursue our strategy which the Board believes will increase shareholder value."

Extraordinary General Meeting and Results of Open Offer

At the Extraordinary General Meeting held earlier today, the resolution put to Shareholders was duly passed. Accordingly, the Company will complete the Open Offer as announced on 6 June 2014. The Company has received valid acceptances in respect of 15,486,525 Offer Shares from Qualifying Shareholders, representing a take-up rate of 64.53 per cent.

Shareholdings

The remaining 8,513,475 New Ordinary Shares that were the subject of the Open Offer will be subscribed for by First Eastern Holdings pursuant to the underwriting agreement. It has also subscribed for 5,343,336 New Ordinary Shares, being its entitlement under the Open Offer, and will therefore be subscribing for a total of 13,856,811 New Ordinary Shares representing, in aggregate, 57.74 per cent. of the total number of New Ordinary Shares to be issued. In addition FE Marina Investments has subscribed for 5,999,375 New Ordinary Shares being its entitlement under the Open Offer, representing 25 per cent. of the total number of New Ordinary Shares to be issued. Clive Whiley, who is deemed to be acting in concert with First Eastern Holdings and FE Marina Investments for the purpose of the Takeover Code, has subscribed for 253,906 New Ordinary Shares being his entitlement under the Open Offer.

Following the issue of the New Ordinary Shares, First Eastern Holdings and FE Marina Investments will, in aggregate, hold 86,865,377 Ordinary Shares, representing 52.40 per cent. of the Company's issued share capital. The aggregate holding of the Concert Party will be 88,619,283 Ordinary Shares, representing 53.45 per cent. of the Company's issued share capital.

Accordingly, as the aggregate holding of First Eastern Holdings and FE Marina Investments is in excess of 50 per cent. of the Company's voting rights, each of First Eastern Holdings and FE Marina Investments is entitled to acquire further shares without being required to make a mandatory offer, even if each of their individual interest in shares increases through a Rule 9 threshold, without the need for prior consent of the Takeover Panel.
Posted at 09/5/2013 16:53 by darias
30/04/13 Entitlement take-up xxxx CAMPER & NICHOLSON ORD NPV (SUB SHS - CLAIMS P shares at 0.06 per share
Posted at 09/5/2013 06:59 by darias
The price was 6p. Whatever it was still free money.
Posted at 08/5/2013 08:33 by darias
Picked up our allocation of shares plus the extra we asked for today.

Price of allocated shares 0.6p current sell price 0.7p. Cant understand why peeps did not take up their allocation. Seems like free money to me and no charges on the deal!.
Posted at 23/4/2013 09:23 by darias
I think you are being unfair. They finished contracts and construction on time and to budget. They have sold many of their berths and been quick to respond to different business practices. I.E management rather than construction. They have seen the potential in the far east and gone for it.

It is not their fault that there has been a global recession which has clearly affected the luxury yacht market.

The company has demonstrated that it sees the problems that it has and finds a source of funds.

The eastern company which took a share is a case in point.
Posted at 21/4/2013 12:27 by pillion
I have watched this company for yonks on account of the Camper name

However it is just a name that they are leasing for purposes of prestige

As PUG's lucid comment points out, the business skills of the directors have not yet proved enough for me to part with my ££££

No advice intended
Posted at 21/4/2013 11:30 by pugugly
Darias :> You are right on basic assumption re mooring requirement BUT CNMI management have, (certainly in the past) proved that they have been unable to generate (imo) sufficient cash flow to induce me to invest.

Has anything changed ??
Posted at 21/4/2013 11:01 by darias
Long time since I posted on these. I have recommended to the club that we take our allocation under the open offer. There are many luxury yachts on the seas which need a secure place to moor. CNMI are providing those places on a global basis.

There is not another marina company which has such a global reach.
Camper & Nic. share price data is direct from the London Stock Exchange

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