Cindrigo Share Discussion Threads

[verulamium] 27/7/2021 11:39

At the moment, this is holding up an ISA transfer...the manager I'm transferring to says they can't accept it.

Anyone know if they're right? Anyone managed a transfer with CHAL as a holding during suspension? Surely if a company's ISA eligible before and after suspension it shouldn't be an issue?

[zxie] 16/7/2021 09:53

Game change going upward

[songig] 16/7/2021 09:44

👍👍👍

[zxie] 16/7/2021 05:41

Cindrigo is pleased to announce that the Open Offer made to Shareholders has been over subscribed by 20%. However, following discussions with Danir AB, the Company's largest shareholder the Company is pleased to announce that as a result of Danir agreeing to reduce their subscription Shareholders who applied for Additional Shares will have their applications met in full. The Company did not need to call on the guarantee provided by Danir. The Company will shortly send letters to those Shareholders who applied for Additional Shares setting out payment requirements . The Company are grateful for the assistance of Danir in allowing this to happen. The Open Offer will provide Circa £2.1m to the Company which will be used as general working capital.

[zxie] 16/7/2021 05:09

Cindrigo is pleased to announce that on 14th July 2021 the Supreme Court of British Columbia approved the Plan of Arrangement presented to and approved by Shareholders of Cindrigo Energy Limited on 29th June 2021. Subject to the satisfaction of the last outstanding condition to the Plan of Arrangement the Company anticipate that the reverse takeover of the Company by Challenger Acquisitions Limited will complete before the end of July 2021.

[zxie] 30/6/2021 12:24

https://www.cindrigo.com/news-posts/poa-approved-by-acclamation-at-the-special-shareholders-meeting-29th-june/

[zxie] 30/6/2021 12:23

The Company is pleased to announce that the resolution regarding the revised Plan of Arrangement (POA) presented to the Special Shareholders Meeting held 29th June 2021, was duly passed by acclamation.

[zxie] 29/6/2021 17:47

RTO looking forward. we can get money back soon

[zxie] 29/6/2021 17:46

https://www.cindrigo.com/news-posts/update-on-rto-notice-of-general-shareholders-open-offer-to-current-shareholders/

[zxie] 22/6/2021 11:17

announce that all resolutions were duly passed at the Extraordinary General Meeting of the Company held yesterday. Back to trades soon

[zxie] 22/6/2021 10:06

Any EGM update?

[kingston78] 17/6/2021 16:27

It is a bit odd that a UK listed company takes a long time trying a reverse takeover by a Canadian company. There must be many suitable businesses within the UK that may want a reverse takeover.

[orchestralis] 17/6/2021 16:17

New Agreement for the Reverse Takeover of Cindrigo Energy Limited RNS

[songig] 07/6/2021 20:45

The EGM will be held at 2:00p.m. BST on Monday, 21 June 2021 at the offices of McCarthy Denning, 6th Floor, Minister House, 42 Mincing Lane, London, EC3R 7AE.



The meeting is to consider the same resolutions as were proposed at the inquorate EGM convened for 31 March 2021 and the adjournment of that meeting held on 12 April 2021, which was also inquorate, to authorise the issue of shares and convertible loan notes in connection with the proposed acquisition of Cindrigo Energy Limited, as announced on 9 March 2021, and to change the name of the Company on completion of the acquisition to "Cindrigo Holdings Limited".



The Company has taken steps to ensure that, despite the on-going restrictions on travel and public gatherings which prevented shareholders and directors from attending the last EGM causing it to be inquorate, sufficient shareholders or their proxies will attend the new EGM so that it will be quorate and able to consider and, if thought fit, pass the proposed resolutions.



The Company also wishes to update the announcement made on 9 March 2021 concerning the proposed acquisition of Cindrigo Energy Limited ("CEL"). The board remains committed to the acquisition CEL and is continuing to work with CEL towards its successful conclusion.



The terms and conditions of the proposed acquisition remain substantially the same as under the proposals as announced on 9 March 2021.



After the completion of the acquisition of CEL, the Company still intends to make an application for its enlarged ordinary share capital to be readmitted to the standard segment of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange and, for that purpose, in contemplation of the acquisition becoming unconditional, is continuing the process with the Financial Conduct Authority ('FCA') for the approval of a prospectus.

[zxie] 04/6/2021 17:29

Just update EGM 21 June. CEO, said, "Both the Company and Cindrigo remain committed to the acquisition of Cindrigo Energy and its subsidiary, Cindrigo Limited, by Challenger. We are continuing to work together to conclude the acquisition as soon as practicable and thereafter to seek the readmission of the Company's enlarged share capital to the Official List by way of a standard listing and to trading on the Main Market of the London Stock Exchange.

[songig] 27/5/2021 13:56

I just received information that an extra meeting or invitation to an extra meeting will come next week, as far as I understand it is no secret, has anyone tried to call or write to the company?

[verulamium] 27/5/2021 11:58

I think most of the dissatisfaction is with EGMs being postponed because they're not quorate. Shouldn't happen at a church bellringers' meeting, never mind a listed company. There's presumably some big disagreement between the directors, but as usual the shareholders are being kept in the dark.

[tomboyb] 27/5/2021 10:56

Looking forward to the relist -

I think the dissatisfaction is with the "constant delay" but if it relists in June then so be it -

[songig] 27/5/2021 08:48

hi everyone, the first time I write here, I am the owner of some cindrigo shares and just waiting for them to be traded at this place, which my contact in Sweden says will happen in June! I read that you are very dissatisfied with something I do not know what?
can anyone update me / Lars

[tomboyb] 23/5/2021 20:05

Lets see what happens -

Need to move forward for T/O of cindrigo -

[mustafa15a] 13/5/2021 12:50

How long does it take to convince a handful of shareholders to stay or leave FFS!!!

[clickon] 11/5/2021 11:42

This management appears to lack the courtesy to communicate with its shareholders. Awful !

[clickon] 22/4/2021 10:00

What a shower

[clickon] 13/4/2021 17:23

If that has happened this must be explained.