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TRX Tissue Regenix Group Plc

59.50
0.00 (0.00%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Tissue Regenix Group Plc TRX London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 59.50 08:00:00
Open Price Low Price High Price Close Price Previous Close
59.50 59.50 59.50 59.50 59.50
more quote information »
Industry Sector
PHARMACEUTICALS & BIOTECHNOLOGY

Tissue Regenix TRX Dividends History

No dividends issued between 22 Dec 2014 and 22 Dec 2024

Top Dividend Posts

Top Posts
Posted at 25/11/2024 08:33 by bamboo2
PJ84, I don't have email access during the day [no signal!], but can try later.

I'll have a think how to angle it. I am almost certain that if they replied, I would not be allowed to share the info. I wonder if another route might be possible, via email to Research Tree or direct to significant investors in TRX?
Posted at 24/11/2024 23:35 by pj84
bamboo2 TRX can and obviously have accessed the article they referred you to.

Just checked the Betaville subscription rate and £5,000/qtr. (non-refundable is a bit steep for private investors)

Maybe a polite follow up email might elicit a bit more information from TRX?
Posted at 24/11/2024 22:42 by bamboo2
It does seem odd that TRX should take the opinion of one insignificant paywalled website so seriously. In this sort of situation the onus is on the company to bring ALL of the information into the public domain for the attention of ALL shareholders.

I am probably being naïve, but it doesn't seem right that some of the information is only available to those with the means to pay for private access.
Posted at 24/11/2024 22:25 by p1nkfish
Looks dodgy all round. Hardly "media" that has much impact and TRX acting on it seems a little extreme. Anyone could set up a website and pass rumours.

One take, if not a p&d is there is no smoke without fire but how would a paywalled site find out. Again, a bit dodgy.
Posted at 24/11/2024 19:45 by pj84
bamboo2 thanks for posting

I have tried to search for any other reference to the news and apart from the paywalled link the only other news I can find relates to the RNS that TRX issued which does seem strange.

The major investors on the website as at 25 September owned just above 50% and to date I haven't seen any of them selling.

If nothing happens then I suspect we won't hear anymore.
Posted at 21/11/2024 12:20 by bamboo2
PJ/anyone Re, "Tissue Regenix (AIM: TRX), notes the media speculation and confirms that it is conducting a review of the Company's strategic options that may include soliciting offers for the Company. As part of this, the Company has contacted a limited number of potential counterparties to assess whether such parties could put forward a proposal that would deliver greater value to Tissue Regenix's shareholders than pursuing a standalone independent strategy."
=============

Have we had sight of, or a link to the media speculation?
Posted at 13/11/2024 11:33 by pj84
Edit Looking back through the recent holdings RNS's it looks like 3 of the major holders have been increasing their holdings, so that Lombard now has a holding of 12.57% and Richard Griffiths has a holding of 11.1% and Richard Snellor (with his wife and Inthallo) now have a holding of 15.23% which suggests something is happening as Richard Griffiths and Lombard often work together, particularly following the RNS issued by the company on 4 Nov saying:-

"Tissue Regenix (AIM: TRX), notes the media speculation and confirms that it is conducting a review of the Company's strategic options that may include soliciting offers for the Company. As part of this, the Company has contacted a limited number of potential counterparties to assess whether such parties could put forward a proposal that would deliver greater value to Tissue Regenix's shareholders than pursuing a standalone independent strategy."
Posted at 04/11/2024 17:27 by bamboo2
I could find no media speculation with a quick google search.
It does look to me like an offer has been made. Maybe it's too low?

====================================================================

Response to media speculation

Tissue Regenix (AIM: TRX), notes the media speculation and confirms that it is conducting a review of the Company's strategic options that may include soliciting offers for the Company. As part of this, the Company has contacted a limited number of potential counterparties to assess whether such parties could put forward a proposal that would deliver greater value to Tissue Regenix's shareholders than pursuing a standalone independent strategy.



The Company has not received any indicative non-binding proposals to date.



There can be no certainty that any offer will be made as a result of contact with these potential counterparties, nor as to the terms on which any such offer might be made. Shareholders are advised to take no action at this time.



A further announcement will be made in due course.



Takeover Code notes

The Takeover Panel Executive has granted a dispensation from the requirement of Rules 2.4 (a) and (b) of the Takeover Code such that Tissue Regenix is not required to identify in this announcement any potential offeror with which the Company is in talks, or from which an approach has been received, unless that potential offeror has been specifically identified in any rumour or speculation.



As a consequence of this announcement, an 'offer period' has now commenced in respect of the Company in accordance with the Takeover Code, and the attention of shareholders is drawn to the disclosure requirements of Rule 8 of the Takeover Code, which are summarised below in "Disclosure Requirements of the Takeover Code".
Posted at 25/9/2024 17:26 by cerrito
With the concern that IHT tax treatment may be changed in the budget for AIM companies, does anyone know if TRX qualifies for IHT tax relief given that it's operations are in the US??
Posted at 10/9/2024 06:23 by p1nkfish
Inflection likely when San Antonio on line.
When bigger, another suitor could be Stryker but at current scale TRX won't float many boats.
All reads well, needs scale.

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