LSE company dividends information has been updated. You can find this is in the menu on any Quote page. ADVFN team.


Pires Investments Plc

0.00 (0.0%)
Stock Name Stock Symbol Market Stock Type
Pires Investments Plc PIRI London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 2.05 08:00:00
Open Price Low Price High Price Close Price Previous Close
2.05 2.05 2.05 2.05
more quote information »
Industry Sector

Pires Investments PIRI Dividends History

No dividends issued between 02 Jun 2013 and 02 Jun 2023

Top Dividend Posts

Top Posts
Posted at 19/5/2023 06:24 by kaos3
diace ... i looked at how much piri asset value might be ... sure investment is like something more than 1 mil /sure investment 6 mil , having a good quater of it and declining atm/ , then some random non market investments needing more money ... lets say piri net assets imho would be cca 2 mil. now apply the todays market discount ...and here we are...


I must be wrong. can one put me wrong with the exact numbers.

Posted at 21/1/2023 21:09 by roleybirkin
Not sure what a SPAC has to do with the thought of RGO and PIRI coming together?
Posted at 21/1/2023 20:49 by roleybirkin
So Festario, you do not think RGO/PIRI could save on admin expenses plus shared compliance, due diligence fees and regulatory control?
What about risk and legal expenses?
What about the companies coming together with one board of directors and senior leadership team?

Posted at 21/1/2023 13:05 by roleybirkin
Interesting thought oliver.
Not sure Chris would be that keen, but I do feel an RGO and a PIRI could look to merge there companies and holdings?
RGO have an EV of just £3.88m against a NAV latest of £11.6m...

RGO taking out a PIRI would make eminent sense as they could have economies of scale on there joint costs and enhance the business NAV?

Posted at 02/12/2022 13:28 by stentorian
Boxer -

How does Nicholas Lee have the time to be an FD at Smarttech247?

What percentage to PIRI have in Smarttech it is less than 1% isn't it?


"Nicholas Lee – Executive Finance Director (aged 59)
Nicholas Lee has over 30 years of experience in international investment banking and working as a
company director. He qualified as a chartered accountant with Coopers & Lybrand and has a
degree in engineering from St John’s College, Cambridge. He worked for Dresdner Kleinwort and its
antecedent firms from 1988 to 2009, rising to Managing Director, Head of Banking, Hedge Fund
Solutions Group. During this period, he advised leading companies from a number of different
industries. Since then, he has been actively involved in AIM as a director of a number of listed
(Page 20)

Nicholas Lee
Current directorships (pages 103-104)
ACL Capital Limited
RiverFort Global Opportunities
Chiswick School
Boustead Agriculture Limited
JL Services Limited
Pires Investments plc
Immotion Group plc
Oil and Gas Solutions Limited
Conduity Capital plc

Posted at 01/12/2022 09:11 by langland
This is the announcement.

Posted at 12/7/2022 14:34 by philjeans
philjeans12 Jul '22 - 14:29 - 315546 of 315546 Edit
0 0 1
I think the TERN BOD should just announce the BID for PIRI is withdrawn.

PIRI shareholders selling up fast now - following PIRI selling off a big chunk of their key investment - Sure Valley.


Posted at 30/6/2022 11:29 by upthegardenpath
Tern shareholders (especially the rampy ones) don't like this deal because they say Tern companies are worth loads (Billions) more than Piri - which would make the deal Massively more favourable to Piri shareholders. If that was the case why do Piri shareholders hate the deal as well. Both sides have done due diligence and I guess they know more of the detail than SW, Andrea, Mikey & friends.

If DA was worth billions and ready to be sold, you would do that first and then buy Piri with the loose change if you still wanted it - simples.

Posted at 29/6/2022 10:10 by boxerdogz
Billiam29 Jun '22 - 09:02 - 3915 of 3917
0 0 0

Piri sell @ 1.3m
Tern buy @ 450k
Update that Piri shareholders won't benefit from any Tern dividends


Something brewing

Just legal wording IMO

Irrespective of the date on which completion of the Acquisition falls, Pires Shareholders will not be entitled to receive any dividend declared, made or paid by Tern for the benefit of the Shareholders by reference to a record date falling on or before the date on which the Acquisition completes.

Posted at 29/6/2022 09:29 by sdavis
Given you get 0.5 (approx) Tern shares for every PIRI share.

You can sell TERN at 12, equivalent to 6p for PIRI. You can buy PIRI for 4.9p. This is a 20% arbitrage opportunity.

This opportunity strongly suggests that the deal WILL NOT GO THROUGH. In other words an easy 20% profit on the face of it, but investors are not falling for it. Why????

Cairn will be keeping a close eye on acceptances, and I guess will be advising TERN and PIRI that they will need to provide more in terms of the logic of the deal otherwise it will fail.

If it fails then I see PIRI as having a for sale sign up, and could go for peanuts as they run out of money and have admitted that they are not the management to go forward with.

TERN management will have egg on their face. I doubt there will be resignations though as history shows that the directors stick around come what may (even the useless SP). My feeling though is that they will hasten trade sales as their ambitions to grow TERN through dodgy acquisitions will have been thwarted.

Your Recent History
Pires Inve..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 |

V: D: 20230602 09:15:46