Plethora Solutions Share Discussion Threads

[cashmachine2] 05/11/2015 10:41

Zang.Clueless aren't you?RP and concerted parties own 29.88% of PLE and 3 directors of RP own just under 30% of RP.Come on put the clutch in, it's not difficult.

[cashmachine2] 05/11/2015 10:34

Yes Zang and just to be clear these are the following holdings that Jim, Steve and Jamie's holdings in Regent Pacific which is also just under 30%James Mellon 167,986,181 4.82%+ 375,821,134 10.78% held in trust Stephen Dattels 284,266,097 8.16% Jamie Gibson D 200,919,138 6.08% So circa 1billion held by the guys in the driving seat - I'd prefer to trust their offer than your effort to unsettle

[zangdook] 05/11/2015 10:33

Mr E. You bet. And Speymill Deutsche.

[zangdook] 05/11/2015 10:33

Cashnumpty

You're obviously too thick for this game. Yes, I thought the share price would fall in HK, I admit I get share price calls wrong sometimes, congratulations to you if you don't. But I can read an RNS.

If you seriously think Jim Mellon (yes, he's part of the concert party) isn't going to take new RP shares for his PLE stock, what do you think he'll do with them? Just cancel them?

Try thinking. Screw up your eyes, bite your lip, hold your breath and try! Best take your trousers down first in case you soil yourself.

[mrenglish] 05/11/2015 10:29

Quick question was Jim Mellon something to do with Rivington Street Holdings ?

[cashmachine2] 05/11/2015 10:23

ZangIt clearly states it within the RNS of which it then goes into Terms of the Offer and clearly links the two statements together.Clearly this doesn't fit your agenda but that's fine. You got it wrong last night re HK didn't you???Regent Pacific and its concert parties together already hold 29.88 per cent. of Plethora's issued ordinary share capital. Furthermore, James Mellon is the Non-Executive Chairman of Plethora and Non-Executive Co-Chairman of Regent Pacific, and Jamie Gibson is the Chief Executive Officer and an Executive Director of both Plethora and Regent Pacific.

[al h] 05/11/2015 10:20

9 billion New RP shares to be added ...

[zangdook] 05/11/2015 10:16

cashnumpty

RP hold 10.55%



Do you think Jim Mellon won't take new RP shares for his PLE stock? Really?

Could you make it a bit easierer?

[cashmachine2] 05/11/2015 10:13

Zang,Under the terms of the Possible Offer, each Plethora Shareholder (other than Regent Pacific) will receive 15.7076 new Regent Pacific shares for each Plethora share.Now let's make it easier for you...1)Under the terms of the Possible Offer, each Plethora Shareholder will receive 15.7076 shares!!2) "other than" Regent Pacific i.e. They hold 29.88% of PLE that won't get the shares which is perfectly sensible and reduces the overall dilution on RP.Make sense?????

[liquid millionaire] 05/11/2015 10:11

GAP now closed!

[recordz] 05/11/2015 10:09

The market either don't understand it, or, doesn't believe it.

[bobby.ifa] 05/11/2015 10:08

If the that's the value, why isn't the price 12.5p? Because the city boys see a flaw in it & will hold it down til the deal is done. So hold tight & keep off the BB's as there are de-rampers after your shares.

[zangdook] 05/11/2015 10:06

cashmachine

"nearly 30% won't receive the shares"

actually

Under the terms of the Possible Offer, each Plethora Shareholder (other than Regent Pacific) will receive 15.7076 new Regent Pacific shares for each Plethora share.

"Read the RNS"

Yeah!

[cashmachine2] 05/11/2015 09:56

Possible Offer represents an indicative value for each Plethora share of 12.5 pence and values the entire issued ordinary share capital of Plethora at approximately GBP102.9 million and values the fully diluted share capital (excluding the out-of-money outstanding options and warrants) at approximately GBP122.6 million.

[liquid millionaire] 05/11/2015 09:55

Ok thanks cm2. Perhaps you could briefly bullet point the deal in a post so that it is very clear to all!

[cashmachine2] 05/11/2015 09:54

Read the RNS they include all outstanding warrants.

[liquid millionaire] 05/11/2015 09:53

Does anyone know what will happen to the outstanding warrants on the take over?

[cashmachine2] 05/11/2015 09:53

People have misunderstood the RNS.It stated each PLE shareholder will receive 15.7076 shares (not Regent Pacific).Regent Pacific and concerted parties own 29.88% of the 823,297,686 so nearly 30% won't receive the shares hence making the value so attractive to PLE.RP have $13.7m cash and with the $1.5m cash PLE this is what they want to invest in PSD502(TM) to bring it to commercialisation across Europe, US and Asia.Penny will drop shortly and the stock will double in value.12.5p!!!!

[liquid millionaire] 05/11/2015 09:48

PLE post take over should imho really maintain a dual listing on AIM

[cashmachine2] 05/11/2015 09:48

JuzzerIf you type in Regent Pacific into the search there's a drop down and select the one for HKex 575 and it pops it into your monitor

[leadersoffice] 05/11/2015 09:43

Jim Mellon clearly needs to think about long term holders here not short termers just out to make a quick buck. I'm not having stock listed on the Hang Sang exchange warrants me keeping my holding in this company. This is just a a way of flushing out holders at a cheap price. Put up or shut up. Not sure I'm happy with the deal.