Egdon Resources Share Discussion Threads

[ali47fish] 01/11/2023 13:19

what is this update for noe that takeover is over

[greypanther2] 29/9/2023 11:11

It was in my broker's nominee account this morning.

[kibes] 29/9/2023 09:58

Anyone got the money yet?

[currypasty] 13/9/2023 07:43

revised timing..



Amended Scheme Timetable

The expected amended timetable is set out below:


Scheme Record Time 6.00pm on 14 September
2023
Last day of dealings in, and for registration 14 September 2023
of transfers of, Egdon Shares
-----------------------
Effective Date of the Scheme 15 September 2023
-----------------------
Suspension of Dealings 7:30am on 15 September
2023
-----------------------
Last Date for Payment of Consideration 29 September 2023
to Scheme Shareholders

[gerhart] 07/8/2023 09:13

The company will still exist - but will just be private and profitable(!) but no longer stock market listed, with lots of lovely shareholders like us, because not enough voted against the offer.

The process is not yet fully complete, hence we are still a stock market listed company and they still have to issue RNS updates.

But soon we will be no more....

[kibes] 07/8/2023 07:56

Why are Egdon farming in to a licence? I thought they were trying to sell the company to Petrichor.

[gerhart] 07/8/2023 07:16

Don't know if anyone else still takes an interest, but more confirmation today that Peeps were mad to accept 4.5p for their shares.

Funny too, how we have two pieces of positive news soon after offer passes.

Can't say we were fleeced, as we all had a choice....

[greypanther2] 03/7/2023 17:05

I hope I've understood the voting pass marks correctly, but the RNS says that the number of eligible shareholders voting in favour ( but not the number of shares voted) was only just over 75%. So if it was only on that basis, IMO it would have been quite close run thing.

[gerhart] 03/7/2023 11:38

It's all over. Shafted again.

[currypasty] 03/7/2023 11:30

Egdon is pleased to announce that at the Court Meeting and the General Meeting, each convened in relation to the proposed Scheme and held earlier today, approval of the relevant resolutions at each meeting was obtained.

[currypasty] 03/7/2023 11:00

The General Meeting will start at 10:45
a.m. (or as soon thereafter as the Court
Meeting (as defined in the circular dated

June 2023) concludes or is adjourned) and
is being held on 3 July 2023 at Norton
Rose Fulbright LLP, 3 More London
Riverside, London, SE1 2AQ.

[currypasty] 29/6/2023 13:00

Competent Person Report... the last one UJO commissioned, and by some accounts the company (Gafney cline) didn't include some of the resource, and also showed a chart that the oil would significantly deplete.. it didn't, and so the new one commissioned by EDR should be significantly better

[ali47fish] 29/6/2023 12:48

what is cpr

[currypasty] 29/6/2023 12:29

Blues2021
@Blues20211
·
2h
#UJO So it seems the CPR will not be issued until after the EDR t/over vote concludes 3rd July. Why? Can only assume its so good it could push EDRs share price over the sale price if released before EDR should RNS the delay after stating the CPR would be issued in June, but this is AIM.

[kibes] 28/6/2023 07:41

I have voted but in general if nominee shareholders don't vote I think the holding company will ask the Chairman of EDR to vote on their behalf ie it will be in favour. I suppose the scheme will go through.

[bionicdog] 23/6/2023 10:48

I get to vote on everything from my nominee accounts. Don't let them get away with it.

[kibes] 23/6/2023 10:33

Have contacted iWeb but they say I am not set up to vote. So I doubt whether anyone else in a nominee account is. So EDR will not get the required 75%?

[kibes] 23/6/2023 06:28

I have shares in this held in an iWeb account but cannot vote on it, it doesn't appear. Are the voting documents published?