Caplay Share Discussion Threads

[william-just] 13/6/2007 09:52

This is gona take off

[bbd2] 13/6/2007 09:13

Let's keep an eye out for the new ticker symbol tomorrow and if it has a run for it's money the Market Cap of CLY will look very cheap !

[bbd2] 13/6/2007 09:11

So we take our holding multiply it by 10 and with an admission prce of 5p we have doubled the value of our holding. Nice.

[bbd2] 13/6/2007 09:06

June 12, 2007 11:01 PM Eastern Daylight Time
Private Trading Systems, Inc. Announces Permission to Trade on the PLUS Market in the UK of the Whole of the Share Capital of its Subsidiary Company Private Trading Systems PLC
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Private Trading Systems, Inc. (OTC:PVTM) which, through its wholly owned subsidiaries, operates a platform for trading financial instruments in electronic form with instantaneous clearance and settlement in real time, announces that Private Trading Systems PLC ("PTS"), a new company incorporated in the United Kingdom, a wholly owned subsidiary of PVTM, has been granted permission to trade the Company's Ordinary Shares on the PLUS Market in UK. PTS issued the whole of its share capital to PVTM in exchange for the entire share capital of The Private Treaty Market Limited ("PTML"), formerly a subsidiary of PVTM, and the intellectual property rights vested in a patent, applied for in August 2006.

The agreement for the exchange of shares between PVTM and PTS has now been completed and PVTM will now issue them by way of a special dividend in kind to existing shareholders in PVTM prorata:

10 shares in PTS for each existing share of stock held in PVTM.

The record date for the dividend is today's date, June 12, 2007, and the shares of stock in PVTM will be marked ex-dividend as of today's date. The Registrars for PTS, Computershare Investor Services PLC, PO Box 82, The Pavillions, Bridgewater Road, Bristol BS997NH, United Kingdom will issue new share certificates in respect of the PTS shares to shareholders of PVTM who present evidence of title by way of (a) definitive stock certificate(s) in respect of PVTM shares. The Registrars will dispatch the new PTS share certificates together with PVTM stock certificates in respect of the existing PVTM shares of stock to the registered owners.

NO NEW SHARE CERTIFICATES IN PTS WILL BE ISSUED WITHOUT PRESENTATION OF EXISTING PVTM STOCK CERTIFICATES.

Shareholders should therefore send original stock certificates in respect of PVTM shares to Computershare Investor Services PLC in order to receive the new PTS share entitlements.

This will result in shareholders holding 10 new shares in PTS and their existing 1 share in PVTM in respect of each existing PVTM share.

Additionally PTS is completing an institutional placing of 29,411,765 (6.4%) of its new ordinary shares to raise £1.25 million (one million, two hundred and fifty thousand pounds sterling, approximately $2,465,434) of working capital.

The board of directors of PTS comprises Mr. Walter Goldsmith (Chairman), Mr. Lindsay Smith (Chief Executive Officer), Mr. Austin Burrell (Non-Executive), and Mr. Robert Stevens (Non-Executive). It is intended that further appointments to the board will be made as appropriate.

Mr. Austin Burrell, Chairman of PVTM, commenting on these developments, said: "...by effecting the share exchange and being admitted to Trading on PLUS Markets in London we have now ensured that shareholders have a dealing facility in a regulated public market. They will be able to trade their shares freely in unrestricted form. We are especially delighted that institutional buyers have now become investors in the future of our trading platform and we look forward to bringing the platform into full operation."

Mr. Walter Goldsmith, the Chairman of PTS, said that he was pleased to have joined a company with such opportunities to bring an innovative approach to the marketing of financial instruments, and looked forward to an exciting future for PTS.

This news release contains forward looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect PVTM's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the failure to meet schedule, or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, and the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties the forward-looking events referred to in this release might not occur.

[bbd2] 13/6/2007 09:03

Private Trading Systems Announces Agreement for Exchange of PVTM Shares; Ten Shares of Private Trading Systems Plc for Each Existing PVTM Share
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Private Trading Systems, Inc. (OTC: PVTM) announces Private Trading Systems Plc, a new company incorporated in the United Kingdom and a wholly owned subsidiary of PVTM, has been granted permission to trade its Ordinary Shares on the PLUS Market in the United Kingdom. PVTM reports the agreement between PVTM and Private Trading Systems Plc (PTS Plc) has now been completed. PVTM will issue the shares in Private Trading Systems Plc by way of a special dividend in kind to existing shareholders in PVTM prorata: 10 shares in PTS Plc for each existing share of stock held in PVTM.

Private Trading Systems, Inc. through its wholly owned subsidiaries operates a platform for trading financial instruments in electronic form with instantaneous clearance and settlement in real time. Private Trading Systems Plc (PTS Plc) issued the whole of its share capital to PVTM in exchange for the entire share capital of The Private Treaty Market Limited, formerly a subsidiary of PVTM, and the intellectual property rights vested in a patent applied for in August 2006.

The record date for the dividend is today's date June 12, 2007 and the shares of stock in PVTM will be marked ex-dividend as of today's date.

The Registrars for PTS Plc, Computershare Investor Services Plc, will issue new share certificates in respect of the PTS Plc shares to shareholders of PVTM who present evidence of title by way of (a) definitive stock certificate(s) in respect of PVTM shares. The Registrars will dispatch to the registered owners the new PTS Plc share certificates together with the PVTM stock certificates presented. NO NEW SHARE CERTIFICATES IN PTS PLC WILL BE ISSUED WITHOUT PRESENTATION OF EXISTING PVTM STOCK CERTIFICATES. Shareholders should therefore send original stock certificates in respect of PVTM shares held as beneficial owner to Computershare Investor Services Plc in order to receive the new PTS Plc share entitlements. This will result in PVTM shareholders receiving 10 new shares in PTS Plc in addition to each share of PVTM that they currently hold.

[william-just] 13/6/2007 08:56

CCH have listed on plus today but are also listed on aim under the same epic
and i see they have started moveing up.

[bbd2] 13/6/2007 08:39

We need to urgently know what effect this listing will have on our shares in PVTM. Also what will happen to the OTC listing.

Surley CLY will have to issue an RNS today or are they going to wait until the PLUS listing goes live tomorrow.

I suppose there is also the possibility that PTS,CLY etc are waiting to announce some very significant "other news" once the listing is finalised!

[william-just] 13/6/2007 07:10

only one more day to listing

[m1dge] 12/6/2007 21:42

Believe PVTM own PTS with PTS market Cap £21M on listing.

PVTM have about 41,000, 000 shares MKT CAP about £8.6M, CLY own about 722,000 i.e. 1.75%=£150,000 or PTS £367,500.

Key bits of the announcement below.


Private Trading Systems Plc's ("PTS" or the "Company") entire ordinary share capital of 426,280,354 ordinary shares of nominal value £0.001 pence each has been admitted for trading on PLUS Markets as of Thursday June 14, 2007 at which time a stock symbol will be assigned. The shares are initially priced at 5 pence per share ("Admission Price") and the Company anticipates that it will have an initial market capitalization of approximately £21,314,017.

The Company has raised £1.25 million by way of a private placement with an existing institutional shareholder and will be used to further develop the Company.

The PETS system will be operated through the Company's subsidiaries. PTS will seek to have a substantial interest in the long-term growth of the trading volumes across all of the distributed trading platforms that utilize the PETS system. A formal patent application on the PETS system was filed on 31 August 2006, which is now patent pending.

PETS is designed to be modular so that any part of the system can be hosted anywhere worldwide. This enables PTS to take advantage of different regulatory regimes for different parts of the system, and meet different commercial needs. PTS must obtain regulatory approval in each jurisdiction in which the PETS system is to operate. PTS will initially focus on operating the PETS system in suitable European financial markets. PTML's subsidiary PETS (Geneve) SA intends to apply for approval from the Swiss Federal Banking Commission for operating an exchange in 2007. The first major contract for PETS is to trade specialized insurance products, and this should become active during 2007.

The listing will help facilitate the roll out of PETS internationally. Listing on PLUS will enable the Company to grow initially in Europe and in the US. It will help to raise the Company's profile in the market to potential clients and investors, and allow the Company to raise funds in the future.

History and Corporate Structure

PTS was incorporated in England and Wales on 16 November 2006, as a Public Limited Company and its purpose is to act as the holding company of Private Treaty Market Ltd ("PTML"). It has not traded to date and its purpose is to act as the holding company of PTML. PTML was incorporated in 2003, to develop the proto-type of the PETS system. PTML has a wholly owned subsidiary in Switzerland, PETS (Geneve) SA.

The primary assets of Private Trading Systems, Inc ("PVTD") are the 100% holding of PTML and the intellectual property rights which were acquired by the Company in exchange for all of the issued share capital in the Company on admission to PLUS ("Admission").

The existing business of PTML will continue unchanged, under the control of the Company.

Reasons for the Admission to PLUS

The Directors believe that the benefits of being listed on PLUS include raising the Company's profile; and the ability to raise additional funds in the future.

Beneficial Ownership of Directors and Substantial Shareholders

The table below sets out the number of shares of ordinary shares owned of record and beneficially by the Directors based upon the 426,280,354 shares of the Company's ordinary shares that were issued and outstanding at the date of Admission.

Unless otherwise indicated each person or entity has sole voting and investment power, or shares such powers with his or her spouse, with respect to the shares shown as beneficially owned.

Name Number of Shares Beneficially Owned Shareholding (%)

Robert J Stevens 9,649,000 2.08

The Company has granted the following options, which are exercisable at the Admission Price.

Name Number of Options Exercise Period from the date
granted (years)

Atlantic Law Llp 3,000,000 3
Mr. Burrell 23,333,333 7
Mr. Smith 15,000,000 7
Mr. Stevens 5,000,000 7
Mr. Goldsmith 3,000,000 7
Mr. Liker 2,000,000 7
Mr. Bandy 4,000,000 7


TOTAL 55,333,333

The following shareholders each have a beneficial interest in more than 3% of the issued share capital of the Company:

Name Number of Shares Beneficially Owned
Shareholding (%)

Brent Anderson (1) 17,465,000 3.8

Chart Investments Limited -
beneficiary is
Christopher Potts 16,796,610 3.6

Mercurius Capital
Partners Ltd 31,154,410 6.7

(1) Includes 935,000 shares held in the name of BA Associates, in which Mr. Anderson has a beneficial interest.

Industry Overview

The overall market continues to grow with over 7,000,000 individual securities available for electronic trading worldwide. New classes of securities emerge every year, one example being the rise in esoteric asset-backed securities over the last few years. New services such as Arca Ex® or Instinet® cover different parts of the trading lifecycle. However, no one service currently available offers all the necessary components of the trading lifecycle in a seamless, integrated fashion.

The financial markets have seen considerable change in recent years arising from technological development, principally in electronic trading. This has enabled markets to operate at a much faster rate than was previously feasible and has led to an expectation of continued improvement in the speed of transactions.

While a number of participants in the financial markets operate trading systems, none offers an integrated solution such as the PETS and PTS is in a strong position to withstand competition and regulatory changes.

Board of Directors

Walter K Goldsmith FCA – Chairman

Mr. Goldsmith joined the board of the Company in November 2006 as Chairman. He is a Chartered Accountant and has extensive experience as a director and Chairman of companies, both public and private, and currently serves on the board of a number of companies in industries as diverse as banking, motor and leisure and property. From 1979-1984 he was Director General of the Institute of Directors. He is a published author notably of "The Winning Streak" series of books on management.

C. Austin Burrell BS – Non-Executive Director

Mr. Burrell joined Private Trading Systems, Inc. in December 2004 as Chairman of the Board, President, Chief Executive Officer, Corporate Secretary, and Treasurer. He is now a consultant to the Company on marketing exchange facilities to US companies. Prior to joining the Company, Mr. Burrell worked as a consultant for Quantum Matrix, Inc. from July 2000 to December 2004. From December 1999 to July 2000, he served as President, Chief Operating Officer, and a director of What's For Free Technologies, Inc. Mr. Burrell also serves as a director of Windergy, Inc.

Lindsay M. Smith BA ACA – Chief Executive Officer and Director

Mr. Smith was appointed Chief Financial Officer and a Director of Private Trading Systems Inc. in November 2005. He joined PTML in May 2005 as Chief Executive Officer and also serves on the board of directors of PTML. Mr. Smith is a U.K. qualified Chartered Accountant. From July 2004 to March 2005, he served as a director of Caplay Plc, a U.K. listed company. Prior to that, Mr. Smith had been a director of a number of venture capital start up and recovery companies having previously spent 11 years with Henry Ansbacher & Co Limited, merchant bankers, both in the U.K. and the U.S. Mr. Smith is also a non-executive director of DeMatco Inc. and Globalink International Plc.

Robert J. Stevens – Non-Executive Director

Mr. Stevens has been a Director since November 2005. He has served on the board of directors of PTML since 2003. Prior to joining PTML as a director, he co-founded Betting Markets Ltd. in 2000. Mr. Stevens also serves on the boards of directors of Griffin Investments Ltd. and DeMatco Inc.

Past and Present Directorships

Appendix 1
Director Current Directorships

Lindsay Smith Purewater Holdings Plc
Globalink Plc
DeMatco Inc
PVTD
PTML

C. Austin Burrell PVTD

Robert Stevens PTML
Griffin Leisure Ltd
Griffin Holdings U.K Ltd
Griffin Bloodstock Ltd
DeMatco Inc.
DeMatco Ltd

Walter Goldsmith Asite Plc
British Food and Farming Ltd
NRC Group Plc
Beagle Holdings Ltd
Bank Leumi (UK) Plc
The Fitness Connexion
(Hartlepool) Ltd
Visonic Ltd
KBH Transport Media Ltd
Jewish Music Institute
Estates and Management Ltd
Songs of Freedom Ltd
Elmerin Ltd
Mercury Group Plc

Director Previous Directorships

Lindsay Smith Pureflo Ltd
Roof Revivers Ltd
Strat-tel.com Ltd
Caplay Plc
Kingston Capital
Partners Ltd
Movies on the Move Ltd
Baden Associates Ltd
Baden Consultants Ltd

C Austin Burrell Vocal Communications, Inc
Windergy, Inc

Robert Stevens Consortium Investments Ltd

Walter Goldsmith Jumbo International Plc
Guiton Group Ltd
Royal Stafford Tableware Ltd
Procurecard Ltd
Union Group Ltd
SCS Upholstery Plc
Fitness First Plc

Key Developers

Terence P. Ramsden

The PETS System was originally devised by Mr. Ramsden and until 23 May 2005 he was a director of PTML

Mr. Ramsden pleaded guilty to offences of dishonesty relating to a failure to disclose assets to his trustee in an individual bankruptcy. The offences, which did not involve shares or securities in any company public or private, were committed between April 1992 and December 1993 and Mr. Ramsden was sentenced on 6 May 1998. The conviction and prison sentence will be over ten years old on 6 May 2008 and Mr. Ramsden will therefore be subject to the Rehabilitation of Offenders Act 1974.

Mr. Ramsden owns a 9.4% shareholding in the Company. His suitability to be a controlling shareholder of listed companies in the United States had been subject to review by the Securities and Exchange Commission and no objections were raised to this nor to his being in control of that company's European operations.

Mr. Ramsden holds no controlling influence over the Company which is run independently of him.

Risk Factors

A new system

1. The PETS System has not yet been commercially tested in the market, and as the Company expands the system will have to cope with increasing numbers of transactions while servicing customers. In order to minimize this risk PTML are refining the system and running tests to ensure the system remains sufficiently robust to handle such expansion.

Regulatory Approval in Jurisdictions

2. The area of business in which PTML operates is highly regulated and requires regulatory approval in each of the jurisdictions in which it operates. It is possible that the Company will not be able to obtain regulatory approval in a timely manner or at all in certain jurisdictions where it intends to operate. In order to counter this risk PTML is working to ensure that the PETS System and the internal control systems operated within it are of the highest standards demanded by the regulators.

Changes in Legislation

3. Changes in legislation may require changes to the PETS System which the Company may not be able to accomplish in a short period of time or at all, which would damage the Company. In order to ensure that this risk is reduced PTML constantly reviews the legislation being introduced or proposed which may impact our business and adjust plans accordingly.

Competition

4. Although the Directors consider that direct competition is limited, they anticipate that as the PETS System becomes more widely known, there may be competitive pressure from large and entrenched companies that are vendors of trading systems or order book matching systems. Many of theses companies have greater financial resources and may attempt to hinder the implementation and expansion of the PETS System in order to protect their market share.

[william-just] 12/6/2007 20:42

i would like to see some news on this one via a rns

[william-just] 12/6/2007 20:14

dusty bin i took a punt on netcentric at .012 with 500k now tomco at 4.3p
i still hold all the shares.
and now this one has caught my eye.

[dustybin] 12/6/2007 19:52

William-Just

Thats a great price as long as the share does not tank!!

My average is off the top of my head about 1.2p.

I bought a couple of million a few weeks ago to average down.

To be fair, there has always been stock available when I have fancied some.

just hope the company does something as I am down shedloads at the moment.

As an exbankrupt, I just believe Ramsden is going to do something special

Purely a speculative punt!!

Dusty Bin

[william-just] 12/6/2007 17:02

Dusty when I put my order in for 400k first thing am my broker said that the stock was very illiquid and might not be able to fill my order.
After reminding him of how much business I do with them he came back with 400k at .03

[dustybin] 12/6/2007 15:38

I have been stake building for the past 2 years in this one and am sitting on 6m shares at the moment.

I still believe there is a lot more to come from this share and think they are cheap at these levels, wish my average was around this level, but it should not take a lot to get these trading considerable higher than they are now as long as TR does not screw us over.

Next few months could be interesting

Dusty Bin

[monty77] 12/6/2007 15:06

Old news that needs to be considered


Key developments
Private Trading Systems Announces Revised Trading Services Agreement with Admiral Asset Group


02/22/2007
Private Trading Systems Inc. announced a revised Trading Services Agreement with Admiral Asset Group Inc. of New York. Private Trading Systems operates a platform for trading financial instruments in electronic form with instantaneous clearance and settlement in real time. The Company will provide trading facilities for Securitized Trusts of Life Insurance Policy Settlements in electronic form through its European subsidiaries for Admiral Asset Group. The five year exclusive Agreement will cover a successive series of Instruments when and if issued; the first of which is expected to have an aggregate face value of $84 million. During the first year of the life of the Agreement, Private Trading Systems expects to process policies in trusts with a total minimum face value of $1.8 billion which could generate significant fees and commissions in excess of $20 million to the Company.

[william-just] 12/6/2007 13:54

That would be about two days then

[crosbie5] 12/6/2007 13:52

"Caplay said it had cash balances of 927,809 stg as at November 30. It said it is evaluating opportunities to create growth and is "confident" of showing progress in the second half. [e-mail] wj"

[liveit2] 12/6/2007 13:19

Admission date 14/6/07 - doesn't seem that far away

[bbd2] 12/6/2007 12:16

It will be interesting to see what happens to the PVTM share price this afternoon when the market opens.

[bbd2] 12/6/2007 12:13

Around £1 M cash in the bank and a market cap of around the same means the potential of our PVTM investment is not even in the price yet !

[monty77] 12/6/2007 10:54

just topped up - this look like it has potential of a reverse takeover - MMs not showing trades.

[bbd2] 12/6/2007 10:38

So we have an interest in both then. I will look in more detail tonight when I get home.

[william-just] 12/6/2007 10:00

also have my 400k as a sell but it was a buy.
so dont be fooled

[william-just] 12/6/2007 09:59

long delays on the buying being listed

[william-just] 12/6/2007 09:09

BBD2 as caplay have a stake in pts it shoul be rathe good.
Aug 3rd 2005 - Caplay PLC said it has taken a stake in Private Treaty
Systems Inc (PTS) in settlement for the release of loans of 1 mln stg made to
PTS in August and September 2004.