Path Investments Share Discussion Threads

[cwa1] 31/12/2021 07:16

31 December 2021

Path Investments plc

("Path" or the "Company")

Proposed Transaction Update

Path Investments plc (TIDM: PATH) , is pleased to provide an update following the Company's announcement on 13 August 2021 that the Company had entered into a conditional sale and purchase agreement (the "Agreement") to acquire the entire issued share capital of DG Innovate Ltd ("DG Innovate") (the "Proposed Transaction").

As previously announced, the Proposed Transaction is subject, inter alia, to the approval of Path's independent shareholders and waiver of Rule 9 of the Takeover Code by the Takeover Panel, together with the publication of a prospectus and the application by the Company to have its enlarged share capital listed on the Standard Segment of the Official List and admitted to trading on the Main Market of the London Stock Exchange. The Agreement, as amended on 26 October 2021, includes a long stop date for the satisfaction of all conditions of 31 December 2021. Path and its advisers are making very good progress with the Proposed Transaction and in order to allow time to conclude matters, including convening in January 2022 the required General Meeting of Path shareholders, it has been agreed with DG Innovate to extend the long stop date for the satisfaction of all conditions to 28 February 2022.

Further announcements will be made in due course, as appropriate. In the meantime, Path's shares will remain suspended from trading on the London Stock Exchange.

[wiseacre] 03/12/2021 12:28

I gather this aint coming back til January but holders should be rewarded.

[fatfish] 22/11/2021 06:46

It would appear we may be getting close to relisting.

Don't hold your breath though.

[fatfish] 11/11/2021 15:37

no news

what a dreadful company

[cwa1] 26/10/2021 08:01

26 October 2021

Path Investments plc

("Path" or the "Company")

Proposed Transaction Update

Path Investments plc (TIDM: PATH) , is pleased to provide an update following the Company's announcement on 13 August 2021 that the Company had entered into a conditional sale and purchase agreement (the "Agreement") to acquire the entire issued share capital of DG Innovate Ltd ("DG Innovate") (the "Proposed Transaction").

As previously announced, the Proposed Transaction is subject, inter alia, to the approval of Path's independent shareholders and waiver of Rule 9 of the Takeover Code by the Takeover Panel, together with the publication of a prospectus and the application by the Company to have its enlarged share capital listed on the Standard Segment of the Official List and admitted to trading on the Main Market of the London Stock Exchange. The Agreement included a long stop date for the satisfaction of all conditions of 31 October 2021. Path and its advisers continue to progress the Proposed Transaction and it has been agreed with DG Innovate to extend the long stop date for the satisfaction of all conditions to 31 December 2021.

Further announcements will be made in due course, as appropriate. In the meantime, Path's shares will remain suspended from trading on the London Stock Exchange.

[fatfish] 19/10/2021 11:47

The days roll into wks and the weeks into months zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[rlivsey] 05/10/2021 11:47

But no idea on when?

[davidpsilver1] 05/10/2021 10:38

I believe it is staying on main market when relisted

[rlivsey] 05/10/2021 10:28

Anyone know when this is going to be delisted on AIM?

[fatfish] 23/9/2021 07:27

well at least it looks like something is going on

[currypasty] 02/9/2021 08:49

Path Investments plc (TIDM: PATH) , the natural resources investment company, announces that the Company's Annual General Meeting ("AGM") will be held on 28 September 2021 at 2.00 pm at the offices of IFC Advisory Limited, Birchin Court, 20 Birchin Lane, London EC3V 9DU.

[czar] 13/8/2021 11:36

This has been worth waiting for IMO expecting 1p+ on relishing.

[roberts1975] 13/8/2021 10:27

Well it's too late for anyone not already in I would go jumping in after as most who are in willDumping pronto on re open

[paddyfool] 13/8/2021 09:33

very very exciting news!

[fatfish] 13/8/2021 08:17

BOBBIE8705 Aug '21 - 14:43 - 694 of 699
0 0 0
Big talk of an acquisition looks like it has legs

It would appear BOBBIE is right

Lets hope this one gets off the ground, exciting if it does, however, we have been here before.

[currypasty] 13/8/2021 07:59

Conditional agreement to acquire DG Innovate for GBP32 million to be satisfied by the issue of 5,342,051,305 Path Ordinary Shares of GBP0.001 each ("Path Shares") at an issue price of 0.6 pence per Path Share.

[wiseacre] 11/8/2021 16:43

Well it's about time. We have been waiting six months since the company raised £3.75 million at 0.25p last February.

[fatfish] 05/8/2021 15:22

who is talking??