Fusionex Share Discussion Threads

[mida5] 20/7/2021 17:59

The paperwork came through today 70p a share offer

[scuava] 20/7/2021 17:11

Wow that’s v interesting, thanks for sharing mida5. Did you get any info through from your broker or similar?

I’m not clear what this means for shareholders exactly, but I haven’t seen any info from my broker on this topic

[mida5] 20/7/2021 14:22

Pursuant to Part 18 of the Companies (Jersey) Law 1991, as amended

Notice is hereby given in accordance with Article 116(2C) of the Companies (Jersey) law 1991, as amended that a recommended cash offer (the "Offer") has been made by an offeror ("Offeror"), to acquire all the issued ordinary share capital of Fusionex International plc ("Fusionex") not already owned, or agreed to be acquired by Offeror.

The Offer Document may be inspected, and a copy obtained, during the offer period at the Company's registered office at 12 Castle Street, St Helier, Jersey JE2 3RT.

[mida5] 20/7/2021 14:21

hxxps://www.gov.je/gazette/pages/noticerecommendedcashofferhoryzonassets.aspx

[sm001] 02/4/2021 10:05

Hi HopperAgain,

Thanks for your updates, Appreciated.

Happy Easter!

[peterm10] 01/4/2021 15:41

I am also a holder of a couple of batches of these so thanks for the info as far as it goes. I do check the website regularly and not a lot coming there in terms of customer wins. You would think they would publicise these to get some traction with other clients at least

[scuava] 31/3/2021 21:26

Thanks for responding, that's useful to know.

Still hard to find any info on how this company is doing, they had what seemed to be a great product so it's strange!

[hopperagain] 31/3/2021 18:38

sm001 That's what it looked like, however, I have received this today and - no I'm afraid not - FXI has simply been de-listed

RE: FUSIONEX INTERNATIONAL PLC ORD NPV Ex date 24/02/2021

30/03/2021 14:40:57
Dear Mr Hopper

Thank you for your message and apologies for the delayed response.

The stock delisted in 2017. However on the 24/2/21 there was a conversion, this was to remove your holding from the UK custodian, Crest.

You still have shares within the company but as they are de-listed we do not have a current live price for the holding.

If you have any further queries, please feel free to contact us.

Yours sincerely

Henry
Dealing Services Team

[scuava] 03/3/2021 19:07

I’d be keen to know the details of this too. Have any of you had any further info or updates as to how the company is doing?

[sm001] 03/3/2021 15:53

Hopperagain,

Sorry, I dont quite understand, when you say credit, have your 4000 shares been bought out for £15,635.90?

[hopperagain] 03/3/2021 15:14

Corporate action detail
Account A01778S Mr Grahame Hopper
Account type SIPP
Investment FUSIONEX INTERNATIONAL PLC ORD NPV
Ex date 24/02/2021
Pay date 24/02/2021
Holding 4000

I received a credt for 24/02/2021 Receipt of stock following a takeover FUSIONEX INTERNATI ORD NPV 4,000 15,635.90

[scuava] 13/12/2020 09:39

Yeah it’s hard to get any info about them, they just have the occasional post about sponsoring some event. It still looks like the tech is pretty good and the key person/people involved clearly have some talent.

My hope is they’re just focused on the work hence wanting little to do with investor relations or anything else, and likely having cut all non-essential costs.

Investor relations asked if I would be interested to sell my shares, which seemed strange, maybe they asked just to imply they’re in demand?

It would be good for us to be connected up with a few other investors to share any info that comes to light actually.

Best of luck with your holdings

[acliff] 13/12/2020 08:30

mine are held through IG and I cannot get the company to even send me the annual report despite giving them the nominee details.
I assume this is going to end badly but I guess the crooks in charge will take a while to allow the authorities to "forget' they exist first

[scuava] 08/9/2020 12:57

Hi all,

I'm in a similar boat, with my holdings on Degiro at the moment and no apparent way of getting paper share certificates from them. Happy to hold for the long term for a relisting and the prospects still sound fairly promising, but can anyone help me with the following please?

- Will my shares definitely be "safe" and accounted for, even though they're with a broker that cannot trade them?
- Will FusionEx have a record somewhere of every share they have ever issued, and my holdings will presumably be a part of that record? Even if they don't have my name as the owner, presumably they know Degiro have my holdings.
- If they ever get relisted, is it reasonable to assume my shares will become tradeable again?
- Is there any risk that they just wipe clean the record that my holdings ever existed, given I've never been able to register the shares with them?

Thanks for any help you can provide

[jl5006] 18/7/2020 19:52

My last email = allocation satisfied

[brisno12] 18/7/2020 15:23

Yes I agree it seems to "reek" of insider knowledge - the reply I had back from Apex via email had Fusionex "writ large" in the address - which said they had considered re-listing but it was not in the forseeable future !!!

[chadders] 17/7/2020 09:43

Thanks for all the updates. Waiting for a relist or a sensible offer is my approach.

This episode all seems too opportunistic to me and I'm very surprised at the way it's been handled.

[frugaltree3] 17/7/2020 07:52

Thanks for the info. Is there any way to see the FXI accounts - I was bid 85p via AJ Bell, they tried 3 times! Is there any way to establish if that is a decent price or not?

[jl5006] 16/7/2020 18:13

I understand the requirement has been satisfied - per ir adv fusionex

[time to share] 16/7/2020 17:49

chadders

Many thanks for the info.
Hopefully some posters on this thread will keep us informed of any new relevant news regarding offers for our shares.

There seems to be a fair bit of news when you click on the news tab

[chadders] 16/7/2020 17:18

TTS, from memory after the share was delisted you had to apply for a share certificate which is how your address would appear on FXI's share register. If you didn't do this then maybe the letter would go to IWEB and then on to you but only if they felt like it as there's no support usually for delisted shares. It would be worth contacting them.

The 85p being spoken of is from a previous poster a few days ago. I've made no contact with investor relations so do not have first hand knowledge of the price, although I'd be surprised if it wasn't true.