Malvern Share Discussion Threads

[jusjusjus] 30/7/2020 09:49

question is why?? is just the lead-up to resuming business?

[nasarsaddique] 30/7/2020 09:39

Fifth on the gainers leaderboard if they update it properly.

[nasarsaddique] 23/7/2020 11:31

Looks like a promising day!

[nasarsaddique] 16/7/2020 16:04

Just been on the Malvern International website, the UK branches will be opening on the 9th of August.

[iamgreat1] 13/7/2020 14:01

Where are the pumpers

[iamgreat1] 01/7/2020 09:19

So much for the short squeeze Mms were not going to allow the same what happened to tom here Most now unable to sell who bought early

[nasarsaddique] 18/6/2020 11:51

So, hopefully good news tomorrow then?

[jayminpatel1] 09/6/2020 14:22

What a disaster

[cabster] 08/6/2020 16:25

deferred until such time as those conditions are satisfied or waived. Wonder what the conditions are given they could be waived?

[riddlerone] 08/6/2020 15:59

Back on the 29th April when they released the dire trading update they should have been advised to suspend trading with a view to raise funds but no instead they forward sell the placing and get their goolies caught in the door on the way out.Painful and makes your eyes water.Unfortunately this is AIM at its worst

[riddlerone] 08/6/2020 15:52

What was it that someone said about my analysis??

[optmist] 04/6/2020 13:42

https://www.investegate.co.uk/stock-exch-notice/rns/n12-20---suspension-of-trading---malvern-int-plc/202006041319410027P/

[riddlerone] 04/6/2020 13:08

Like the Hotel California,you can check out any time you like but you can never leave

[nasarsaddique] 04/6/2020 12:28

No, just NT at the moment, possibly in auction

[sibeks] 04/6/2020 12:14

Is it suspended? according to IG it is...

[hope67] 04/6/2020 11:58

GC will own 28% on Monday they will have cash to see them through the Covid phase. Schools should be back full time in September.

[hope67] 04/6/2020 11:57

Director Dealing

Malvern International plc (AIM: MLVN), the global learning and skills development partner, announces that, pursuant to the announcement of a Fundraising this morning, it has today, conditional on completion of the Fundraising, granted options to subscribe for 65,000,000 New Ordinary Shares exercisable at a price of 0.15p subject to performance conditions.

The options are exercisable after the third anniversary of Admission subject to certain performance conditions. Of the options awarded, 50 per cent. are exercisable subject to the Company's share price reaching 1.51 pence over 40 consecutive business days. The remaining 50 per cent. are exercisable subject to the Company's share price reaching 2.62 pence for over 40 consecutive business days.

Of the options awarded 32,000,000 have been granted to Sam Malafeh, Chief Executive Officer.

The grant of options to Mr Malafeh as a Director of the Company constitutes a related party transaction under the AIM Rules. The independent Directors (being Mark Elliott and Alan Carroll) consider, having consulted with WH Ireland, the Company's nominated adviser, that the terms of grant of the options to Mr Malafeh are fair and reasonable insofar as the shareholders of Malvern are concerned.

Again pursuant to the announcement of a Fundraising this morning, the Company also announces that, conditional on completion of the Fundraising, it has agreed to convert outstanding salaries and fees into New Ordinary Shares at a price of 0.15p to the following Directors:

-- Mr Sam Malafeh (Chief Executive Officer) will receive 43,333,333 New Ordinary Shares;
-- Mr Mark Elliott (Non-Executive Chairman) will receive 3,982,453 New Ordinary Shares; and,
-- Mr Alan Carroll (Non-Executive Director) will receive 1,840,400 New Ordinary Shares.

[hope67] 04/6/2020 11:28

This should never be this low especially with schools opening again.