Dyson Share Discussion Threads

[jamrol] 12/4/2011 12:06

isn't it only robbery if you sell at current price? there could be demand for local (UK) motor tooling for parts after Japan horror?

[garth] 11/4/2011 21:50

sharw,

Had a look at those too. 8p per old share eps. Robbery. Taken to the banks.

G.

[sharw] 11/4/2011 19:51

Two months of silence on this board. In the meanwhile the first trade took place on JPJenkins on 21/3 - 50k shares exchanged hands at 7p/share.

On March 9th I received the a/cs to Sept. 2010. They are difficult to interpret because they are before the big capital reorganisation and the comparative period is 18 months. At least the ongoing businesses (principally Saffil) made a pre-exceptional profit of £2.6m. They conveniently omit EPS figures but I make that 8p per old share, becoming less than 1p per new share.

[derekhess] 10/2/2011 17:50

The price is very flat here lol

[jamrol] 13/1/2011 12:52

anyone tried to sell their holding?



DYS Mid Price 8.50p

[sharw] 24/12/2010 10:00

The website is working this morning but don't get too excited - no DYS shares have yet been traded.

[sleveen] 23/12/2010 19:15

the website wasn't avaiable when I tried to register for the service a few days ago.

[jamrol] 23/12/2010 16:05

anyone tried selling their shares? what conversion did they offer?


Settlement and trading of D Ordinary Shares

Following the completion of the Restructuring, Ordinary Shares held in CREST will be re-classified as D Ordinary Shares on or around 24 November 2010. Any certificated holders on the register as at the record date for the Restructuring, expected to be 5.00 p.m. on 23 November 2010, and entitled to D Ordinary Shares, are expected to have new share certificates despatched by 30 November 2010.

With effect from the date of the completion of the Restructuring, share certificates for existing Ordinary Shares will cease to be valid. On receipt of a share certificate in respect of D Ordinary Shares, a Shareholder should destroy his share certificates in respect of existing Ordinary Shares. Pending receipt of a share certificate in respect of the D Ordinary Shares, Shareholders wishing to transfer their D Ordinary Shares will be required to produce their existing Company share certificates to the Company's registrars.

In order to provide an opportunity for Shareholders to trade D Ordinary Shares, the Company has appointed JP Jenkins Limited ("JP Jenkins") to provide a matched bargain share dealing facility (the "Share Dealing Facility"). It is expected that the Share Dealing Facility will be available shortly after completion of the Restructuring. Once the Share Dealing Facility is available, a Shareholder wishing to buy or sell D Ordinary Shares may be able to do so by contacting their existing stockbroker, who in turn will contact JP Jenkins to establish a corresponding seller or buyer of the D Ordinary Shares. Alternatively, should any D Ordinary Shareholder not have an existing stockbroker, or if their existing stockbroker is unable to trade shares "off-exchange", JP Jenkins can offer an execution only stock broking service which would give D Ordinary Shareholders access to the Share Dealing Facility. Once the Share Dealing Facility is available, the indicated price of D Ordinary Shares, along with a history of transactions, will be available from the JP Jenkins website which is located at www.jpjenkins.co.uk. To access this information, Shareholders will first need to register as a user on the website. Registration is free of charge.

To speak to JP Jenkins regarding the Share Dealing Facility, D Ordinary Shareholders should call (+44) (0)207 562 3388. Shareholders should note that JP Jenkins will not be able to provide any advice in relation to the merits or suitability of investing in Shares of the Company. If you are in any doubt as to the action you should take, you are recommended immediately to seek your own personal financial advice from your stockbroker, bank manager, solicitor, accountant or other independent professional adviser duly authorised under FSMA if you are in the United Kingdom or, if not, another appropriately authorised independent financial adviser.

JP Jenkins is a trading division of Rivington Street Corporate Finance Limited. Rivington Street Corporate Finance Limited is a subsidiary of Rivington Street Holdings Plc and is authorised and regulated by the Financial

[jamrol] 23/12/2010 16:03

anyone tried to trade their shares?


Settlement and trading of D Ordinary Shares

Following the completion of the Restructuring, Ordinary Shares held in CREST will be re-classified as D Ordinary Shares on or around 24 November 2010. Any certificated holders on the register as at the record date for the Restructuring, expected to be 5.00 p.m. on 23 November 2010, and entitled to D Ordinary Shares, are expected to have new share certificates despatched by 30 November 2010.

With effect from the date of the completion of the Restructuring, share certificates for existing Ordinary Shares will cease to be valid. On receipt of a share certificate in respect of D Ordinary Shares, a Shareholder should destroy his share certificates in respect of existing Ordinary Shares. Pending receipt of a share certificate in respect of the D Ordinary Shares, Shareholders wishing to transfer their D Ordinary Shares will be required to produce their existing Company share certificates to the Company's registrars.

In order to provide an opportunity for Shareholders to trade D Ordinary Shares, the Company has appointed JP Jenkins Limited ("JP Jenkins") to provide a matched bargain share dealing facility (the "Share Dealing Facility"). It is expected that the Share Dealing Facility will be available shortly after completion of the Restructuring. Once the Share Dealing Facility is available, a Shareholder wishing to buy or sell D Ordinary Shares may be able to do so by contacting their existing stockbroker, who in turn will contact JP Jenkins to establish a corresponding seller or buyer of the D Ordinary Shares. Alternatively, should any D Ordinary Shareholder not have an existing stockbroker, or if their existing stockbroker is unable to trade shares "off-exchange", JP Jenkins can offer an execution only stock broking service which would give D Ordinary Shareholders access to the Share Dealing Facility. Once the Share Dealing Facility is available, the indicated price of D Ordinary Shares, along with a history of transactions, will be available from the JP Jenkins website which is located at www.jpjenkins.co.uk. To access this information, Shareholders will first need to register as a user on the website. Registration is free of charge.

To speak to JP Jenkins regarding the Share Dealing Facility, D Ordinary Shareholders should call (+44) (0)207 562 3388. Shareholders should note that JP Jenkins will not be able to provide any advice in relation to the merits or suitability of investing in Shares of the Company. If you are in any doubt as to the action you should take, you are recommended immediately to seek your own personal financial advice from your stockbroker, bank manager, solicitor, accountant or other independent professional adviser duly authorised under FSMA if you are in the United Kingdom or, if not, another appropriately authorised independent financial adviser.

JP Jenkins is a trading division of Rivington Street Corporate Finance Limited. Rivington Street Corporate Finance Limited is a subsidiary of Rivington Street Holdings Plc and is authorised and regulated by the Financial

[jamrol] 20/11/2010 12:54

would be good to know if the shareholders will get anything back.

[sleveen] 19/11/2010 17:03

thanks jamrol

[jamrol] 19/11/2010 08:45

The European Commission approved on Friday the planned acquisition of the industrial group Dyson by Lloyds TSB Bank and Svenska Handelsbanken .

"The operation arises in the context of a capital restructuring of Dyson. Lloyds TSB Bank and Svenska Handelsbanken are both lenders to Dyson. After the restructuring, the two banks will have joint control over Dyson," the European Commission said in a statement.

Dyson Group is the holding company of a group of firms active in the manufacture and sale of alumina fibre, insulation components for automotive catalytic converters and exhaust systems, it added.

(Reporting by Marcin Grajewski, editing by Rex Merrifield)

[jamrol] 01/10/2010 09:23

any more news on how to sell/trade DYS shares?

[glynedwards] 16/9/2010 10:30

I thought we could all donate them to Cancer Research UK and use the loss agianst a gain elsewhere (if I had any gains). ;-)

[jamrol] 16/9/2010 10:10

anyone want to buy my DYS shares ? LOL

[varies] 05/9/2010 19:35

The proposed reconstruction strikes me as ridiculously complicated; many thousands of pounds will have been wasted on all this verbiage and the creation of so many classes of capital.
If and when the business recovers to the point where our shares have some value, many more thousands will have to be spent unravelling it !

[sharw] 04/9/2010 13:52

Another calculation:

The banks are exchanging £5.3m debt for 140,387,481 shares. That works out at 3.775p/share.

[sleveen] 02/9/2010 19:29

Whitewash Resolution

interesting name

[sleveen] 02/9/2010 19:24

thanks from me also sharw


circular can be found on:

[glynedwards] 02/9/2010 12:42

Thanks sharw.
Glyn

[sharw] 02/9/2010 11:39

The circular says that post restructuring a matched bargain facility will be provided by J P Jenkins see

[glynedwards] 02/9/2010 11:15

I'd like to realise the capital loss on these to offset gains elsewhere. Can these be traded. If not can I use the loss? can I donate them to charity?

[sharw] 02/9/2010 11:08

Circular arrived this morning. I am still wading through the 150 pages but the first impression of the a/cs to 9/09 (a lot has happened in the 11 months since) is that it was not the operating companies (pre-exceptional they all made a profit) but the pension scheme that brought DYS to its knees. The actuarial loss of over £22m is the largest single item in turning the balance sheet from £38m to -£15m.

The EGM is 28th Sept. in London.