European Metals Share Discussion Threads

[paulhopeful] 27/4/2024 11:01

Interesting to read the CEZ Group investor presentation 22nd April 2024, among other things they talk about lithium mining and processing in Cinovec, it’s reassuring they point out these projects are unlikely to be fully consolidated. They’re still in discussions on partnerships ( more than one) around battery production factory.

[cyfalafwr] 27/4/2024 11:01

Same info on Hargreaves Lansdown

[paulhopeful] 27/4/2024 10:48

Lloyds Bank: 1 new European Metals DI, for each existing DI held .. ( so no change ) The new DI’S will commence trading on AIM Exchange on the 2nd May 2024 with the same ticker code EMH.

[smackeraim] 26/4/2024 19:07

In my Ajbell account corporate actions .. just a jurisdiction swap, business as usual. European Metals Holdings Limited has announced details of a re-domiciliation from the British Virgin Islands to Australia, through which the company will become an Australian registered company.Under the terms of the re-domicile, your account will be credited with 1 new Depository Instrument (DI) for each existing share held.The re-domicile is expected to become effective on 1 May 2024, with the new DIs expected to be readmitted to trading on AIM on the same date.

[wallywoo] 26/4/2024 16:52

I posted it on post 32.They said it would delist from AIM and the kast day to sell was 1st May. Otherwise it would relist on ASX sometime in the future!!

[halland75] 26/4/2024 16:40

Wallywoo,
I haven't read that email, how was it wrong?

[halland75] 26/4/2024 16:38

Glad I wasn't one of them.

Can you imagine if the Grant RNS showed up Monday morning, those sellers will be kicking themselves and IG.

[wallywoo] 26/4/2024 16:27

I bet there will be some angry ex shareholders, who sold on the back of that email.


I bet there's nothing they can do. Will be buying back on Monday morning!!

Was probably someone who had a few Friday lunchtime beers at IG!!

[dvsfm] 26/4/2024 16:13

Right 100% the email rather than the post just some may not have read their emails and seen the post and panicked

[dvsfm] 26/4/2024 15:43

Looks like this topic may have triggered a number of sells just after posting

[wallywoo] 26/4/2024 15:42

I think you are right and IG have it wrong. They are moving domicile from Virgin islands to Australia, but trading is continuing. Think IG have made a mistake here.

[dvsfm] 26/4/2024 15:38

see this is the RNS from April 4th

European Metals is seeking re-admission to AIM in accordance with AIM Rule 27 following a re-domiciliation from the British Virgin Islands to Australia, to be completed on the date of re-admission. A re-domiciliation of this type does not change the corporate structure of European Metals but simply changes the jurisdiction in which the company is registered and incorporated (maintaining its original legal identity).

I dont think there is anything to worry about, companies usually give notice of intent to delist , who knows though, but doubt IG is correct at this present time

[wallywoo] 26/4/2024 15:33

I see the proposal at the agm. That was passed. Ig seem to imply that it will only trade in Australian dollars from 2nd May?

[dvsfm] 26/4/2024 15:30

Emails crossed I don't think that is correct from IG can you see it in any Rns?

[dvsfm] 26/4/2024 15:28

What broker is that? No one else is talking about thisMy update was from hargreaves lansdown

[wallywoo] 26/4/2024 15:28

Just received this email from IG.

[dvsfm] 26/4/2024 15:26

I got thisWhat is happening? Further to our email sent on 6 December 2023, the proposals to redomicile from the British Virgin Islands to Australia was approved at the general meeting held on 22 December 2023. Under the terms of the redomicile, shareholders at the close of business on 1 May 2024 will receive 1 new European Metals Holdings Ltd share in place of each share previously held. Do I need to take any action? No, the redomicile will take effect automatically and the resulting shares will be credited to your Group SIPP upon receipt. It is expected that the new shares will be received on or around 2 May 2024. Please note we will credit the shares to your account upon receipt which may not be before 8.00am on 2 May 2024

[wallywoo] 26/4/2024 15:26

Please note that European Metals Holdings Limited has proposed to delist from AIM on the 1st May 2024.The company is proposing to Re-domicile from the British Virgin Islands to Australia, with completion expected on May 1, 2024, after approval at the AGM held on December 22, 2023.As a result, the stock is expected to trade on AIM until 1st May2024, after which the positions held under European Metals Holdings Limited will be moved to Australian Securities Exchange (ASX) at ratio 01:01 through a cross border which might take a while (currently no ETA).You may have below options to decide:Option 1 : If you wish to close your positions, please trade out before the market closing on the 30th April 2024 (Trade out from platform/through phone dealing).Option2 : Take no action (Default). (The positions will remain dormant in your account until your shares are moved to ASX through cross border transaction.ADDITIONAL INFORMATION:

[dvsfm] 26/4/2024 15:24

What are you talking about they are just re registering as an Australian based company. ??

[wallywoo] 26/4/2024 15:17

Dam I see it now on the AGM. So this will cease trading on aim from 1st May?

[wallywoo] 26/4/2024 15:13

Has anyone been notified that emh will delist from AIM. And to move all trading to Australia?First I have heard of it. Did I miss something?

[halland75] 26/4/2024 13:54

Blue again, can't keep a good share down.
Panic as I thought would be short-lived.


They all know what's coming.😀

[robertspc1] 26/4/2024 09:05

The EU can't announce the strategic projects before they even apply