European Islamic Investment Bank Share Discussion Threads

[vlain] 02/9/2009 22:47

wow, a fair amount of selling going on today. Don't think we will break the 4p barrier anytime soon.

[kampy] 05/8/2009 14:24

whats the news about???

[vlain] 24/7/2009 12:03

the reported trade from LSE for yesterday was actually a buy and not a sell then. Yippe!
Wheres the volume, where is the bid?

[vlain] 22/7/2009 20:39

2 interesting £17.5k trades today, is news getting nearer!!

[vlain] 21/7/2009 07:02

are we there yet!

[vlain] 09/7/2009 09:19

what are Evolution doing!!

[vlain] 06/7/2009 21:16

another large late reported trade from Thursday, showing as a sell:

2-Jul-09 11:16:17 3.00 3,105,974 Sell* 4.60 5.00 93.18k

Suspect it was a buy on that day!

[need_2_b_brave] 06/7/2009 09:14

this will be taken over as alot of western investors would like to get a hold in middle east, i reckon 15p a share at least.

[vlain] 03/7/2009 23:31

this late reported trade from yesterday surely is a buy:

2-Jul-09 11:16:23 3.00 2,268,599 Sell* 4.25 4.60 68.06k

Although reported as a sell on LSE

[mali7] 03/7/2009 15:59

Not bad buy at 5p:

ZA001RF5OA 5.0 400000 O 4.25 4.6 14:56:21 400,000

[vlain] 03/7/2009 12:22

the bid and offer are all over the place even though the above graph does not reflect that.

BTW 6p BID might be enough to buy this out!! IMHO

[mali7] 03/7/2009 10:49

With net assets of around 10p per share and a broker having a buy recomendation with 9p+ target, what is the prospect of a take over price?

IPO price was 25p. So at 4p, still presents hughe prospects.

[vlain] 03/7/2009 07:58

that explains it then!!

[california joe] 03/7/2009 07:24

Announcement of Approach


The board of EIIB notes the recent movement in its share price and announces
that it has received a number of preliminary approaches from third parties.
These preliminary approaches may or may not lead to an offer being made for the
Company.


Further announcements will be made in due course as and when necessary.


In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the
"Code"), EIIB confirms that, as at the close of business on 2 July 2009, it has
1,825,562,531 ordinary shares of 1 pence each ("Ordinary Shares") in issue and
has outstanding 3,116,844 options to acquire Ordinary Shares. The International
Securities Identification Number for the Ordinary Shares is GB00B126GW60.


3 July 2009


Dealing Disclosure Requirements


Under the provisions of Rule 8.3 of the Code, if any person is, or becomes
'interested' (directly or indirectly) in 1% or more of any class of 'relevant
securities' of the Company, all 'dealings' in any 'relevant securities' of that
company (including by means of an option in respect of, or a derivative
referenced to, any such 'relevant securities') must be publicly disclosed by no
later than 3.30pm (London time) on the London business day following the date of
the relevant transaction. This requirement will continue until the date on which
the offer becomes, or is declared, unconditional as to acceptances, lapses or is
otherwise withdrawn or on which the 'offer period' otherwise ends. If two or
more persons act together pursuant to an agreement or understanding, whether
formal or informal, to acquire an 'interest' in 'relevant securities' of the
Company, they will be deemed to be a single person for the purpose of Rule 8.3.


Under the provision of Rule 8.1 of the Code, all 'dealings' in 'relevant
securities' of the Company, by the Company or by any of its 'associates', must
be disclosed by no later than 12.00 noon (London time) on the London business
day following the date of the relevant transaction.


A disclosure table, giving details of the companies in whose 'relevant
securities' 'dealings' should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at
.


'Interests in securities' arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an 'interest' by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to securities.


Terms in quotation marks are defined in the Code, which can also be found on the
Panel's website. If you are in any doubt as to whether or not you are required
to disclose a 'dealing' under Rule 8, you should consult the Panel.


If you are in any doubt as to the application of Rule 8 to you, please contact
an independent financial advisor authorised under the Financial Services and
Markets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk or
contact the Panel on telephone number [phone]; fax [phone].

[vlain] 02/7/2009 16:46

wow, why the jump!
Why did I not buy when it hit 2.5!!

[mali7] 11/5/2009 13:24

Picked up some more today, impossible to target the bottom, although hope that has been already reached. One broker have these as 9.75p target price!

[vlain] 21/4/2009 09:22

couldnt buy any at 2.75, damn!!

[vlain] 15/4/2009 19:22

oh really ;-)

[mokhan2] 15/4/2009 00:39

Whenever i wanna feel depressed i just log onto this website and check out the share price prices. Never fails....

[vlain] 07/4/2009 19:18

ohhhhhhhhhhhhh noooooooo

[vlain] 30/3/2009 21:10

Will the last one out the door, please turn the lights off! ;-)