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Netplay TV Share Discussion Threads
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|Next time listen to those who know what they are talking about and have vast vast experience in this game.
PS..I write wedding speeches if yer interested..................
|For absolute confirmation of precise calendar dates a statement put out late this morning stated unequivocally that all will be paid "on or by 14 April 2017" thus confirming the 14 days from the end of March.
. . . How many days after that each investor's individual broker hangs on to the money before it shows up in your account is entirely a different matter. Some will wait slightly longer than others but it will likely be no more than a matter of mere days when compared to the earliest on-the-ball brokers.|
|Well that appears to be it.Stitched up and robbed.Bye all. c2|
|Well summed up chimers.c2|
|Thanks Speedsgh and Nick Rubens|
|We missed out on a final dividend too!|
|Think we are all in the same boat. c2|
|Nearly as much. 50 percent haircut|
|Yet another 5000 pounds loss on the wonderful AIM market, and thats after waiting Twelve Years. Thank a lot AIM market|
From my Sipp Nominee Acc.
Do I need to take any action?
Unless you wish to register a vote before our noon Monday 20 March 2017 deadline then you do not need to take any action. If the Offer is approved NetPlay TV plc Shareholders as at close of business on 30 March 2017 will automatically receive 9p in cash in place of each Share held.
When will I receive this payment?
If the Scheme is approved at a General Meeting and Court Meeting both to be held on 23 March 2017 and a Court Hearing on 29 March 2017 it will become effective on 31 March 2017 with the resulting cash proceeds expected within 14 days of the effective date.|
|Welsh - AFAIUI under the Scheme of Arrangement (which was approved yesterday) Betsson will acquire the ENTIRE issued & to be issued capital of NPT. Therefore you no longer have any choice in the matter; you will receive your 9p per share regardless of whether you voted in favour of the takeover or not. You do not need to do anything.
If they were effecting the takeover by way of a Tender Offer (cf current proposed takeover of Ithaca Energy by Delek), then you would have had to tender your shares for the offer, otherwise you would have been left with shares in an unlisted entity. However, with the NPT takeover this is not the case so all shareholders will get 9p per share regardless. Aimho.|
|Do you have to accept the offer to receive the 9p per share.
Have not received any forms to agree acceptance - Will everybody get the 9p per share whatever.|
|Well, that's it then, the great undervaluation has remained so, to the end.|
|Sorry.I must have missed the last bit ,cheers.|
|casabella - As per the Scheme Document...
Court Meeting ... 11.00 a.m. on 23 March 2017
General Meeting ... 11.15 a.m. on 23 March 2017(4)
Court Hearing Date ... on 29 March 2017(5)
Last day of dealings in, and for registration of transfers of, Ordinary Shares ... 30 March 2017(5)
Scheme Record Time ... 6.00 p.m. on 30 March 2017
Suspension of trading in Ordinary Shares ... 7.30 a.m. on 31 March 2017
Effective Date of the Scheme ... 31 March 2017(5)(6)
Cancellation of admission to trading on AIM of Ordinary Shares ... 7.00 a.m. on 3 April 2017(5)
Despatch of cheques or settlement through CREST (as appropriate) ... within 14 days of the Effective Date(5)|
|So what happens now?Will monies owed be paid into one's nominated account.|
|Answer to my question: Done deal...
|Court meeting was scheduled for 11am today immediately followed by General meeting.
Anyone know how or when we get to know outcome?|