Dowgate Capital Share Discussion Threads

[ashleyjv] 06/3/2009 10:34

I'm guessing that the results are next week

[rawli] 02/3/2009 23:13

Avia Investments plc
("Avia" or the "Company")

Acquisition, loan and suspension

The board of Avia announces that it has today signed a conditional agreement to acquire the entire issued share capital of The Plain Software Company Limited ("Plain"), a company that provides clinical decision support systems to the primary care sector. The acquisition of Plain is conditional, inter alia, on shareholder approval. Accordingly the Company intends to post a circular to shareholders in due course containing full information on the proposed transaction, and convening a General Meeting to consider, among other things, the acquisition.

The circular will also contain proposals relating to the cancellation of Avia's PLUS listing, a fundraising and the admission of Avia to trading on AIM. Accordingly, the circular will constitute an Admission Document pursuant to the AIM Rules for Companies. The Company has engaged Dowgate Capital Advisers Limited to act as nominated adviser and Alexander David Securities Limited to act as broker on the admission to AIM.

In anticipation of this acquisition, Avia has today made a secured loan to Plain to provide Plain with additional working capital and to allow it to expand its current activities prior to a possible acquisition. The key characteristics of this loan are as follows:



Principal
£100,000

Interest rate
4% above National Westminster Bank base rate

Repayment
31 December 2009 (or earlier if there is an event of default)


Consequently, the Company has requested the temporary suspension of its shares from trading on PLUS until such time as a circular is posted to shareholders or a further notification is made to the market providing additional details of the transaction.

A further announcement will be made in due course.



For further details, contact:

Dowgate Capital Advisers Limited
Liam Murray
020 7492 4777

[saddembinladen] 27/2/2009 17:22

Oh just rolling with the bad times Mr WW.

:o(

[saddembinladen] 25/2/2009 18:11

Bah humbug

[propane] 25/2/2009 08:10

ww, good luck, i hope it all comes good for you.

[whitewestie] 25/2/2009 08:08

Hi propane,

Yes i agree many opportunities elsewhere i have also been looking at trading the banks amongst others.

I am loathed to take a large loss so may tuck them in the bottom drawer for the future and hope for better times, IF they eventually come back to consolidation price i will probably ditch most of them.

ww

[yohoho] 20/2/2009 19:02

Poor sods. What have they done to deserve it?

[rawli] 17/2/2009 00:06

RNS Number : 3346N
Nature Technology Solutions Limited
16 February 2009



NATURE TECHNOLOGY SOLUTIONS LIMITED




CHANGE OF ADVISER




The Board of Nature Technology Solutions Limited (the 'Company') is pleased to announce the appointment of Dowgate Capital Advisers Limited as nominated adviser to the Company with immediate effect. In addition, Dowgate Capital Stockbrokers will continue to act as broker to the Company.




For further information please contact:




Nature Technology Solutions Limited

Richard Eldridge, Chairman


01841 533611

Nominated Adviser

Dowgate Capital Advisers Limited

Tony Rawlinson/Aaron Smyth

020 7492 4777

Broker

Dowgate Capital Stockbrokers Limited

Philip Dumas/Spencer Moulton
020 7492 4799





Further information can be found on the Company's website, www.investnature.co.uk.


This information is provided by RNS
The company news service from the London Stock Exchange

END

[yohoho] 14/2/2009 10:22

Is there an echo?????

[maxharry] 12/2/2009 23:22

Are you talking to yourself Chellers??????

[yohoho] 12/2/2009 09:04

and down it goes.........

[yohoho] 11/2/2009 15:18

Yawn..........

[rawli] 11/2/2009 10:25

Pantheon Leisure plc / Epic: PLEI / Market: AIM / Sector: Leisure

11 February 2009

Pantheon Leisure plc ('Pantheon' or 'the Company')

Acquisition of Shares & Notice of General Meeting




Pantheon Leisure plc, the AIM quoted company formed to acquire businesses in the leisure sector, has agreed to acquire 22,540,000 ordinary shares of 0.5 pence each in the share capital of AIM listed ADDleisure Plc ('the Sale Shares') together with its entire holding of 2,820,000 warrants to subscribe for 2,820,000 new ordinary shares of 0.5 pence each in ADDleisure Plc ('the Sale Warrants') ('the Acquisition') from Reverse Take-Over Investments Plc ('RTI'), a wholly owned subsidiary of Westside Acquisitions Plc ('the Agreement').




Under the terms of the Agreement, the acquisition of the Sale Shares and the Sale Warrants is conditional (inter alia) on the approval by Shareholders being given at the General Meeting ('the GM') as such purchase is a substantial property transaction within the meaning of the Companies Act 2006 (the 'Act'). The GM is to be held at Finers Stephens Innocent LLP, 179 Great Portland Street, London W1W 5LS on 2 March 2009 at 10.30am. The notice of the GM, along with a document detailing additional information regarding the Agreement is being posted to shareholders today, 11 February 2009.




Under the terms of the Agreement, the Company has agreed, subject (inter alia) to the approval of Shareholders, to acquire the Sale Shares and the Sale Warrants for the aggregate amount of £500,000. The Sale Shares represent approximately 10.75% of the issued share capital of ADDleisure Plc, being RTI's entire holding of shares of ADDleisure Plc.




The consideration payable under the Agreement will be satisfied by the issue of £500,000 7.5% unsecured convertible loan notes by the Company to RTI ('the Loan Notes'). The Loan Notes are convertible by RTI in whole or part at any time prior to their redemption, into new Ordinary Shares of 0.5 pence in the capital of the Company ('Ordinary Shares') at a conversion price of 1 pence per new Ordinary Share. Accordingly, if RTI exercises its rights to convert all the Loan Notes into Ordinary Shares, RTI will be issued with 50 million fully paid Ordinary Shares which represents approximately 29.4% of the then enlarged share capital of the Company. The Loan Notes will be redeemable at any time by the Company on or after the first anniversary of the date of issue and to the extent not redeemed or converted, will be repayable on 2 March 2014.




Pursuant to the terms of the Agreement, the Company is acquiring a non-cash asset from RTI, which is a wholly owned subsidiary of Westside Acquisitions Plc ('Westside'). Westside is an AIM listed company, which through its subsidiary Westside Sports Limited owns 62.5% of the issued share capital of the Company and of which both Richard Owen and Geoffrey Simmonds are directors, shareholders, warrantholders and the holders of options and in respect of which Bill Weston is a substantial shareholder.




Accordingly, due to the nature of their relationship and the holdings of Richard Owen and Geoffrey Simmonds, together with the other directors of Westside, the Acquisition is a substantial property transaction within the meaning of the Act and therefore requires the approval of Shareholders at a general meeting. The Agreement is also conditional on the approval of the shareholders of Westside being obtained at a general meeting which has been convened for the same day at the GM.




In addition, the Acquisition is also a related party transaction within the meaning of the AIM Rules. Where a company whose shares are admitted to trading on AIM enters into such a transaction, the requirement is for those directors of the company who are independent of the transaction to consider, after consultation with the company's Nominated Adviser, whether the terms of the transaction are fair and reasonable as far as the company's shareholders are concerned.




The Independent Directors (Irvin Fishman and Barbara Moss), having consulted with the Company's Nominated Adviser, Dowgate Capital Advisers Limited, consider that the terms of the Acquisition are fair and reasonable insofar as the Shareholders are concerned.




The Independent Directors believe that ADDleisure Plc has considerable growth potential and welcomes the opportunity to become a substantial shareholder and in turn, expanding the Company's interests in a complimentary area of the leisure sector.




Geoffrey Simmonds is the legal and beneficial holder of 100,000 ordinary shares of 0.5 pence each in ADDleisure Plc and 50,000 warrants to subscribe for 50,000 ordinary shares of 0.5 pence each in ADDleisure Plc. Richard Owen is the beneficial holder of 750,000 ordinary shares of 0.5 pence each in ADDleisure Plc and 50,000 warrants to subscribe for 50,000 ordinary shares of 0.5 pence each in ADDleisure Plc. Bill Weston is the legal and beneficial holder of 2,200,000 ordinary shares of 0.5 pence each in ADDleisure Plc and 1,000,000 warrants to subscribe for 1,000,000 ordinary shares of 0.5 pence each in ADDleisure Plc. Neither Irvin Fishman nor Barbara Moss hold any ordinary shares or warrants in ADDleisure Plc.




Richard Owen, Geoffrey Simmonds, Barbara Moss and Bill Weston have given an irrevocable undertaking to vote in favour of the Resolution being proposed at the GM.




Further information on ADDleisure can be found on its website at www.addleisure.com.




* * ENDS * *




For further information please visit www.pantheonleisure.com or contact:




Geoffrey Simmonds
Pantheon Leisure plc
Tel: [phone]

Liam Murray
Dowgate Capital Advisers Limited
Tel: [phone]

Susie Callear
St Brides Media & Finance Limited
Tel: [phone]

[yohoho] 26/1/2009 22:38

and still the sellers come...

[yohoho] 25/1/2009 18:02

Regretfully not maxharry, although I do like to tinkalot.

[maxharry] 22/1/2009 23:03

yohoho

Is that you Chellers you little tinker.Its hard to keep track of you with so many names..

All the best

[yohoho] 18/1/2009 22:48

Probably the only thing they have been busy on!!! Sell.

[lr4850] 18/1/2009 15:42

New look web site-Client Page. Someone has been busy today?