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DNK Danakali Limited

20.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Danakali Investors - DNK

Danakali Investors - DNK

Share Name Share Symbol Market Stock Type
Danakali Limited DNK London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 20.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
20.00 20.00
more quote information »

Top Investor Posts

Top Posts
Posted at 14/3/2021 20:59 by outlawinvestor
Seamus Cornelius sounds quite upbeat in a recent interview with Proactive Investors - thanks to Troajan on LSE for sharing.

hxxps://youtu.be/P1o-xmHmWik

It appears there are some positive developments in the wings which he couldn't delve further into.
Posted at 14/3/2021 20:21 by outlawinvestor
I wonder whether AFC will go ahead with tranche 2 if the share price on ASX settles above A$0.60 which was the target tranche 2 issue price. Notably the share price has not traded above A$0.60 since 10-Feb-2020. The Chairman's letter of Dec-20 suggested that AFC (and/or other prospective investors) were unwilling to proceed at the prevailing low share prices.
Posted at 20/12/2019 10:51 by shieldbug
Short Proactive Investors video of Niels Wage on AFC.
Posted at 23/8/2019 12:03 by shieldbug
Presentation on Proactive Investors - [...]
Posted at 14/9/2018 10:52 by aim_trader
Danakali will be presenting to investors at the Proactive One2One Forum taking place on Thursday 20th September in London from 6pm. For details and registration, click here:
Posted at 24/7/2018 07:22 by mirabeau
Danakali Limited (ASX: DNK / LSE: DNK) (Danakali) is pleased to announce, following the publication of its Prospectus on 18 July 2018, that the Company's 264,167,463 Ordinary Shares have been admitted to the Standard Segment of the Official List of the Financial Conduct Authority (Admission) and to trading on the London Stock Exchange's Main Market at 8.00am BST today under the ticker "DNK".



Danakali Executive Chairman, Mr. Seamus Cornelius, said: "We are delighted to deliver on another of our strategic goals for 2018. The LSE listing should increase our profile, liquidity and breadth of potential investors. It is a key milestone as we move towards construction and production at the Colluli Potash Project."



An analyst presentation will be held at 12.00pm BST today at the offices of Instinctif Partners, 65 Gresham Street, London, EC2V 7NQ. To attend please email danakali@instinctif.com or call +44 (0)207 457 2020.



A copy of the presentation is available on the Company's website at
Posted at 02/7/2008 05:38 by johnymac
The liquidation did not work.
Frazier was not able to con the small investors out of their hard earned dough yet.
Wonder what his next plot will be.
Hopefully DCML LLC will remove him and his band of self interested directors at the AGM in August and we can then get an equal share of the proceeds of the Danka sale.
Posted at 18/2/2008 16:08 by roorontev
RNS Number:2431O
Danka Business Systems PLC
18 February 2008


For Immediate Release 18 February 2008

Danka Business Systems PLC
("Danka" or "the Company")

Danka Enters into Long Term Incentive Plan, Amends Change of Control Service
Agreement with CEO and Chairman A.D. Frazier

On February 15, 2008, Danka Business Systems PLC (the "Company") entered in to a
Long Term Incentive Plan (the "Plan") with A.D. Frazier (the "Executive") , its
Chief Executive Officer, effective January 1, 2008. The Plan will be an
unsecured, unfunded general obligation of the Company.

The Plan is intended to provide a cash-based incentive opportunity (the
"Incentive Award") to the Executive upon attainment of the Annual Operating
Income Targets (as specified in the Company's five-year plan) for five
consecutive calendar year periods (the "Plan Term"), beginning on January 1,
2008 (the "Plan Effective Date"). The Plan provides for a maximum annual credit
in the amount of $825,000 per annual award period, subject to the attainment of
the Annual Operating Income Targets for that award period, with a maximum
aggregate five-year payout at the end of the Plan Term of $4,125,000. The Annual
Operating Income Targets may be achieved on a cumulative basis. At the end of
the Plan Term or, if earlier, the time that the Executive's employment is
terminated for certain reasons (described below) prior to the end of the Plan
Term, the Executive will be entitled to receive the Incentive Award based on the
following terms:

* At the end of the Plan Term, provided that the Executive remains
employed until such time: 100% of amounts credited to the Executive during
the Plan Term.

* Upon termination prior to the end of the Plan Term for "Good Reason" or
for other than "Cause" (as those terms are defined in the Agreement), the
Executive will be entitled to the following:

The sum of (1) and (2), but in no event less than $412,500:

(1) For completed award periods: The amounts credited to the Executive for
the completed award periods as of his date of termination, multiplied by the
product of 20% and the number of completed award periods; and

(2) For the ongoing award period: 20% of $825,000, then prorated for the
incomplete year by multiplying this amount by a fraction, the numerator of
which is the number of completed months from the beginning of the award
period until the Executive's termination of employment and the denominator
of which is 12.

* Upon termination for any reason other than Cause after the third
anniversary of the Effective Date but prior to the end of the Plan Term, the
Executive will be entitled to the following:

(1) 60% of the amounts credited to the Executive at the time of termination
if termination occurs on or after the third anniversary and prior to the
fourth anniversary of the Effective Date and (2) 80% of the amounts credited
to the Executive at the time of termination if termination occurs on or
after the fourth anniversary of the Effective Date, unless, in either case,
he would be entitled to a greater amount pursuant to the above formula.

* Termination For Cause: No payment will be made.


Also on February 15, 2008, the Company amended the Change of Control Agreement
(as amended, the "Agreement") with the Executive, effective February 15, 2008
(the "effective date").

The Agreement was amended in order to, among other things, (i) revise the
definition of a "Change of Control," (ii) provide for a retention bonus of one
times the Executive's Base Salary (as defined in the Agreement) to be paid if
the Executive remains continuously employed with the Company until the first
anniversary of the Agreement Effective Date, (iii) increase the severance
payment to Executive upon termination of his employment for certain reasons
after or otherwise in connection with a change of control and (iv) conform the
Agreement to comply with Section 409A of the Internal Revenue Code of 1986, as
amended.

The Executive's severance benefit entitlements under the Agreement include:

* Base Salary through the date of termination;
* an amount equal to two and one-half times the sum of Mr. Frazier's Base
Salary and annual bonus;
* settlement of all deferred compensation arrangements in accordance with
any then applicable deferred compensation plans or election forms;
* continued coverage under the Company's welfare plans for up to twelve
months; and
* the immediate vesting and exercisability of the Executive's stock
options for a period of 36 months from the date of termination.

- ends -

For further information please contact:

Danka Business Systems PLC
Cheley Howes, Danka Investor Relations +1 727 622 2760
Tony Hunter, Nautilus Management 0207 603 1515

Weber Shandwick Financial
Georgia Dempsey 0207 067 0749

About Danka Business Systems PLC

Danka is one of the nation's largest independent providers of office systems
solutions. For 30 years Danka has provided its customers with the equipment,
supplies, software and integrated services and support they need to address
their print, copy and document workflow requirements. Danka delivers these
comprehensive document solutions through a consultative model designed to
improve business processes, reduce costs and increase productivity that drives
customer value and satisfaction. Danka services customers directly in 50 U.S.
markets. For more information, visit www.danka.com.

Certain statements contained in this press release, including statements related
to Danka's future business and financial performance, are forward-looking. Such
statements reflect the current views of Danka with respect to future events and
are subject to certain risks, uncertainties and assumptions that could cause
actual results to differ materially from those reflected in the forward-looking
statements. Readers are cautioned not to place undue reliance on these forward
looking statements, which reflect management's analysis only as of the date they
are made. Danka is a registered trademark. All other trademarks are the property
of their respective owners.
Posted at 19/1/2008 21:42 by chancer6
First time I've seen the word 'takeover' associated with Danka in an article - when the refinancing on the debt happened in July 2007.

Danka delay puts investors in action

Investors usually clobber a company's stock when it postpones a scheduled quarterly earnings release. So why did they cheer Danka Business Systems' announcement Monday, sending the St. Petersburg company's share price up nearly 8 percent to $1 a share? The good news was that the struggling copier-machine distributor is refinancing its debt to make good on its bonds and, some infer, may be grooming itself to become takeover fodder. "The concept was that rather than have a call now and have to be a bit cagey on it, we'd hold off and have it when (the refinancing) is in place, " CFO Ed Quibell said in a voice-mail message.
Posted at 14/12/2007 20:22 by jun2008
The OTC Bulletin Board is neither a "listed" market nor a "stock exchange." Instead, it operates as a voluntary electronic quotation system that allows market makers to enter quotations in a security and offers investors real-time access to quotes, last-sale prices and volume information in over-the-counter equities.

I just got this. Can investors really trade the stocks there? It seems that the board is only a quotation system.

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