Optare Share Discussion Threads

[totally banjo] 06/9/2024 16:22

Dear shareholder

2024 Annual General Meeting of Optare plc (the “Company”;)

1. Introduction

I am pleased to be writing to you with details of the Company’s 2024 Annual General Meeting (“AGM”),
which we are holding at the Company’s registered office, Unit 3, Hurricane Way South, Sherburn in Elmet,
Leeds, North Yorkshire LS25 6PT on 27 September 2024 at 12:00pm The formal notice of the AGM is set out
in the accompanying document.
Following the practice adopted by the Company for 2023 Annual General Meeting, and in order to
reduce the Company’s environmental impact, you will not receive a hard copy form of proxy for the 2024
Annual General Meeting in the post automatically. Instead, you will be able to appoint a proxy electronically
using the Link Investor Centre App. Details of how to appoint a proxy in this way are set out on page 3
of this document. Alternatively, you may request a hard copy form of proxy directly from our Registrar,
Link Group. Details of how to request, and complete, a hard copy form of proxy are set out on page 3 of
this document.
Please note, the annual report is published on Company’s website and can be accessed at:
hxxps://www.optare.com/investors/

hxxps://www.optare.com/wp-content/uploads/2024/09/5887127-Optare-Letter.pdf

[superhoop2] 24/5/2023 22:13

Now on Asset Match for trading purposes and someone has bid for 15 million ... something must be brewing.

[reximill] 14/6/2022 13:50

Does anyone know how badly the Optare shareholders have been screwed here?
It looks like the shares are almost worthless with some accounting tricks made in previous years?

[reximill] 14/6/2022 13:49

Does anyone know how badly the Optare shareholders have been screwed here?
It looks like the shares are almost worthless with some accounting tricks made in previous years?

[kimoldfield] 02/8/2021 11:58

Skinny, oops! The MetroDecker is of course still in production! I don't know why but it disappeared from the old Optare site before it changed to Switch Mobility. Anyway, with the joining of Dana and it's cash to the party all should be well.

I doubt that there will be any relisting of shares, probably all we can hope for is free tea and biscuits if we go to a shareholder meeting! Never give up hope though!

[nkj1] 31/7/2021 09:30

Optare a very different company these days - switch mobility - perhaps there is a little hope that they might realist at some stage and long suffering shareholders may get some money back.
hxxps://www.itthub.co.uk/news/switch-mobility-to-showcase-the-future-of-urban-mobility-at-itt-hub-2021/

[kimoldfield] 28/7/2021 09:14

Ah, the MetroDecker! Now when was it that it went out of production? Couldn't they find a picture of their latest buses??! At least they are surviving!

[skinny] 28/7/2021 06:05

Look familiar!

UK: Road Freight Goes Green With £20 Million Funding Boost that Includes Hydrogen Fuel Cells.

[charleshroe] 16/3/2021 19:28

I would be interested in knowing the implications of the SPAC. They diluted my shares significantly when A.Leyland took over, but a c.$2bn valuation would still make them worth significantly more than they are worth at the minute.

That said, I'm not holding my breath - they will probably find a way to $crew us again! I would be happy just breaking even.

[shez83] 28/2/2021 16:11

Would this merger be of any use to us ordinary shareholders? Would they be obliged to buy us out if it went ahead?

[tomboyb] 28/2/2021 10:19

hxxps://news.sky.com/story/hindujas-join-spac-boom-with-float-of-2bn-electric-bus-maker-switch-12230402

[steve517499] 27/2/2021 15:17

Reports today the Hindujas are looking to list Switch in NY?

[skinny] 28/11/2020 12:15

At least I could sell my shares!

[steve517499] 28/11/2020 12:13

Superhoops, Ashok Leyland, the owners of Optare/Smart, are already a listed company. What incentive is there for them to seek an additional listing, with all the costs and regulations associated with that listing, in what is essentially a minority market for them?

[steve517499] 28/11/2020 00:25

What do you guys make of the new name Switch Mobility? Not keen here.

[superhoop2] 17/11/2020 21:53

Optare have had 5 orders for the metro decker ... that is 108 buses. Why they don't come back to the market baffles me. Other companies must be very envious of their technology that is for sure.

[skinny] 31/10/2020 08:17

Further to post 5513 and no less galling :-

.

Yes - I still hold a 6 figure amount.

[kimoldfield] 06/5/2020 23:40

I still have a holding but don't expect to get anything out of it apart from the annual accounts! I am glad that the company is still going though.

[superhoop2] 06/5/2020 17:39

Skinny,

I am still holding shares hoping they come back to the market ... it would make sense as they are a different beast to what they were ... how about you?

[skinny] 28/4/2020 11:58

As a previous shareholder of Optare, this is somewhat galling! :-

.

[steve517499] 21/5/2019 17:07

£14.7m net loss ... is that a strong performance or turnaround?

[reximill] 01/5/2019 18:33

From business standard:

''While capital expenditure and investments (in group entities) are expected in the range of Rs 1,500-1,700 crore in FY20, the extent of debt funding shall be minimal. The company's consolidated profile improved in the past three years (ending FY18), aided by strong performance of standalone operations and turnaround in key investee entities (LCV-related subsidiaries Optare, Albonair, etc) as reflected by sharp improvement in cash accrual and net debt turning negative," added the report.''

[superhoop2] 01/4/2019 13:16

York to receive 21 Metrodecker electric buses ...