Lamprell Share Discussion Threads

[barman92] 03/6/2014 06:55

Davros - am in the same boat with selftrade

[rjd1233] 02/6/2014 22:14

Spoke with TD Investing and they said they are aware of the Rights Issue and we would be notified on the X dividend date 11 Jun?

[davr0s] 02/6/2014 20:41

Anyone know when we get to subscribe for shares - I am with self trade and they sent me an email saying they would come back to me - haven't heard anymore and I think we only have this week to buy our extra shares

[xippy] 31/5/2014 11:10

2014

Announcement of the Rights Issue

7.00 a.m. on 16 May

Publication of the Prospectus and Forms of Proxy

16 May

Record Date

6 June

Latest time and date for receipt of Forms of Proxy

1.00 p.m. (UAE time) on 8 June

Extraordinary General Meeting

1.00 p.m. (UAE time) on 10 June

Despatch of Provisional Allotment Letter (to Qualifying non-CREST Shareholders only)3

10 June

Dealings in New Ordinary Shares, nil paid, on the London Stock Exchange

8.00 a.m. on 11 June

Existing Ordinary Shares marked "ex rights" by the London Stock Exchange

8.00 a.m. on 11 June

Nil Paid Rights and Fully Paid Rights enabled in CREST

as soon as practicable after 8.00 a.m. on 11 June

[durby] 31/5/2014 10:43

Barclays Stockbrokers haven't provided any corporate action notification yet (both paper and online).

[plunger2] 30/5/2014 19:58

Here is LAM's Prospectus - it's unrealistic to copy:



If you go about 60% of the way through the document, you will find a timetable under the following heading:

"Expected timetable of principle events"

You should be able to assess what happens when therein. If you don't understand Rights Issues try this:



Best I can do for you. DYOR.

[pobpob] 30/5/2014 19:34

selftrade has advised "corporate action" will be required... awaiting further information (that was a couple of days after it was announced)

[wynd100] 30/5/2014 19:18

Thanks - but it doesn't actually answer my question!
A deadline of 10 June usually means that brokers would want a response by perhaps 4 or 5 June - that is getting uncomfortably close with no 'corporate action' notification yet.
So, I ask again - have holders heard from other brokers?

[skinny] 30/5/2014 15:06

See post 13248.

[wynd100] 30/5/2014 14:58

Have holders heard from their brokers re the Rights Issue?
TD Direct have not put anything out yet.

[brando69] 30/5/2014 09:57

nah, i reckon back to 160, then a move up to 180 area through to going ex-rights, and an adjustment downwards accordingly

[adp] 30/5/2014 09:56

170 today?

[adp] 29/5/2014 17:56

Almost feels like the good old days of lam!

[durby] 29/5/2014 17:31

Indeed. Only 35% or 91m appx shares in circulation (or probably even less). Rest (65%) is held by major holders (> 3% holdings).

[brando69] 29/5/2014 17:02

perfect storm here.

contract news, with strong likelihood of more

not many shares available

and the carrot of getting the rights at 88p

i predict a riot

[esteban1] 29/5/2014 16:57

"Do you feel lucky punk......" I did and took a sb @159.88....keeping a tight stop and a watchful eye on it though........

[durby] 29/5/2014 16:33

My money will be on some contract news in the pipeline .....

[hippo] 29/5/2014 16:28

Well done to those that held, it was all looking a little bleak a month ago imho and after a long time here I bailed.

[skinny] 29/5/2014 16:16

Looking for a break of 166....180.... then the 'gap' :-)

[srpactive] 29/5/2014 15:24

nxt target 165p.

[srpactive] 29/5/2014 15:23

163p, b.. b.. b...

No not going to say it.

[addison17] 29/5/2014 15:10

Broken 160p.

[srpactive] 29/5/2014 15:04

Brando69

B.. B.. B..

No I just do not want to say it.

dyor

regards

active

[srpactive] 29/5/2014 14:07

resistance 158.5p, if we close above all systems go.

[brando69] 29/5/2014 12:45

at the resistance point again. Expecting a sharp move (either way)