Promethean Share Discussion Threads

[vpmd7afto] 06/12/2002 09:55

Well looks like the EGM is a possibility. Well done PS and appologies for thinking you were bailing out yesterday. I wonder how easy it will be to get the 50+% of shareholdings to vote for a sale ??? I guess you'll need the big investment houses for that - which may not be easy.
VP

[mcel101] 06/12/2002 09:52

ref certificates, if you have bought PTH inside an ISA, you cannot hold certificates. Some providers do forward Corporate Actions to holders, I've just confirmed for example that Amex Sharepeople do, but I gather some do not..

[eugene1234] 06/12/2002 09:40

here come the institutions

[rayrac] 06/12/2002 09:18

Does the action groups existance make it easier for some holders to get out?

Just a thought

[hugepants] 06/12/2002 09:14

See Paul Scott's latest editorial on www.savedollythesheep.com. Best to transfer your holding into certificated form. That way there will be no problem to vote at EGM if required.

[dell314] 06/12/2002 08:57

London - Paul Scott has set up a new BB with latest news of the PPL action group. I suggest we all use the same board.
Regards
Dell

[london trader] 06/12/2002 08:53

ye ha. Since I missed out on 5.5p yesterday, all that I did instead was add another £100 to make it £1100 exc. Yesterday I only went for £1000 worth at 4.30pm but did not get them. As a result I ended up with more shares even though at a slightly higher price.

[dell314] 06/12/2002 08:52

From 5/5.5 to 6/7 in 50 minutes.
Are MMs taking the p*ss or has the large seller finished dumping?

[mykai] 06/12/2002 08:49

bib just tiched up sellers stay put the mm s are short of stock let them worry and try harder

[dell314] 06/12/2002 08:48

Has anyone resolved the issue of voting rights on shares in nominee accounts?

[london trader] 06/12/2002 08:45

Im joining the share holders action group today.

[hugepants] 06/12/2002 08:45

Paul , With almost 4% of the share capital traded yesterday Id expect most of these are now in the hands of likely Action Group members. I think the 11% is going to be well and truly improved upon.

[mykai] 06/12/2002 08:43

BIG DELAY IN BUYING SHARES AT THE MOMENT MY BROKER PUT ME ON DELAYED AND IT TOOK 15MINS FOR THE TRADE TO SHOW HOPE THIS IS AGOOD SIGN

[london trader] 06/12/2002 08:37

This has got to be a good sign that the mm's are very short of stock

[london trader] 06/12/2002 08:36

Back in again this morning at 6p. Got to be the stongest buy on the LSE.

[paulypilot] 06/12/2002 04:38

Hi,

For anyone not subscribing to the Willowdrive Ltd free newsletter, here is the text of last night's announcement/press release - we are now the largest single shareholder block !

Hi,

As always, this email is being simultaneously sent to all 395 subscribers of the Willowdrive Ltd (free) newsletter facility - the company set up in 2001 to campaign for unlocking shareholder value.
(should you no longer wish to receive my emails, an unsubscribe link is provided at the bottom of every email, and I apologise for troubling you)

We achieved a major milestone today with the PPL Shareholder Action Group at www.SaveDollyTheSheep.com

In the last 3 days, 22 new supporters have joined, meaning that the group now represents an unprecedented 117 private shareholders in PPL Therapeutics. Furthermore, 18 existing shareholders (including myself) have taken advantage of the lower share price to buy more shares. Peel Hunt have been selling at 5.25p.

As such, our support has rocketed to controlling 13,612,638 PPL shares, or 11.1% of the total.

This means supporters of the Action Group website have now overtaken ALL Institutional shareholders to become the largest single shareholding block, our main short term stated aim.

The website has also proved highly successful, with over 4,400 hits, and a very lively Bulletin Board encouraging a full & frank debate as to the company's future.

The recent share price fall has been caused by Institutional sellers, reinforcing our view that there is little (if any) real Institutional support for PPL. Certainly not enough to make a Rights Issue fund raising even remotely possible when the cash runs out in 2004.

Supporters have taken advantage of this price fall to mop up more shares, bringing a resolution of our issues much closer.

In tonight's Editorial on the site I also cover alarming comments from the company to Shares Magazine's small companies expert James Quinn, and the burning issue of the £7m+ write off which PPL must address in its next set of accounts relating to expenditure on its ill-conceived Manufacturing Agreement with Bayer.

Finally, tonight's Editorial also urges supporters to prepare for an EGM showdown in the new year, by transferring all shares held in Nominee accounts to directly held certificated form, to be sure you can make your voice heard.

In this way we are hopeful of requisitioning an EGM to make wide-reaching changes to the Board, and unlock shareholder value before the remaining cash has been frittered away.

After a "fallow patch" things have very much hotted up with PPL. We are expecting a response from the company any day, which has now taken about a month for them to prepare - typical of the disdain reserved for small shareholders at most struggling companies.

Now that we control the largest block of shares, I fully expect to be able to bring matters to a satisfactory conclusion in the not too distant future.

Thankyou to everyone who is giving the Action Group such sterling support.

Best wishes,

Paul Scott
Director
Willowdrive Ltd.

[cynic] 03/1/2002 00:23

PPL Therapeutics have just announced some ground breaking research results which brings the whole area of Pig/Human organ transplants much closer. They estimate this as a $5billion market. It will make rejection much less of a problem and will get round the problem of waiting for some young person of the right tissue type to smash their head in a motor bike accident.(No disrespect to the deceased and their families). Looks good to me.

[christianjj] 24/8/2000 12:20

article in newscientist 19 aug
Japanese providing some competition.

[gumdrop] 21/8/2000 20:48

I've always been a fan of this company. I sold what I had in the crash, but bought a few back in today.

gumdrop

[nickb] 21/8/2000 19:19

I had a look at my bank balance and have bought as many as I can afford," said the chief executive.


PPL THERAPEUTICS