magfo26
22 Jan 2016
Can anyone advise? Not been keeping up on paperwork and finally sat down to look through my portfolio. I discover that Anite is no longer and is now part of Keysight Technologies. Can anyone tell me what happened to the shares I held in Anite? Have they been transferred or was there a payment in respect of these shares? I am not aware of having received any payment from them, unless it's further down in the pile of paperwork! If there was an offer, I did not accept anything, so who do I contact about this?
Jag3
22 Aug 2015
Re: Cheque Cheque arrived today, wasn't expected until late next week.GLAJag3
langstroth4
19 Aug 2015
Re: Cheque Found the answer - so I'll answer my own question(!): "Cheques and crediting for CREST accounts for cash consideration due under the Scheme will be despatched within 14 days of the Effective Date (14 August 2015)."
langstroth4
19 Aug 2015
Cheque Anyone know when cheque is due?
BigFatHarv
13 Aug 2015
Re: screwed While I do generally agree with you sgd, I do feel in this case they may have sold (or recommended) too easily, just when things seemed to be improving.I also feel it was a bit cheap to cancel the dividend.And one further point, while directors should act in the interest of shareholders, and most do, it's not guaranteed. they're only human and prone to easy options, empire building and mistakes like the rest of us.
sgd
13 Aug 2015
Re: screwed The shareholders sold the company, they could have voted against the deal but chose to take a quick guaranteed profit now rather than a possible bigger gain later. Nothing wrong with that but they did have the choice.Also, 1. this share was trading in the mid 70's earlier in the year so a 60% premium is not too bad. 2. It is over 2 years since we have seen prices of 126 so if the market didn't think it was worth that much why does everyone on this board think it was worth much more?3. The director's job is to act in the best interest of the shareholders and if they think that a better return can be achieved by selling rather than running it then they have an obligation to investigate that option. I imagine many people would be irritated if they found out that the director's had not pursued this sale and the price had stayed under a Pound (I hear claims that "they didn't sell it so that they can keep their jobs"?)4. Personally I would have continued to hold the shares but my small shareholding would make no difference to the vote. However, I think the accusations against the directors are not justified.
sauloman
13 Aug 2015
screwed So they ( the directors) have managed to sell the company and make a nice sum for there-self while us the shareholders who believed in them will take a financial hit. I will look at directors ability from now on and if the present ones join another company then I will definitely not be investing in that company.
Jag3
30 Jul 2015
Re: General Meeting on Takeover No, I haven't sold, it is now very unlikely that the share price will go beyond the offer price since there is nothing to be gained by buying shares above 126p. Recommend you just wait for you cheque to arrive, no dealing charges involved.
alioua
30 Jul 2015
Re: General Meeting on Takeover sorry, does this mean you sold- and if the share price goes up beyond the offer by the bidder, one should simply sell
Jag3
30 Jul 2015
Re: General Meeting on Takeover Done and dusted, I've made a good profit but am still disappointed with the price. This was obviously a solicited sale, the BoD's would otherwise not committed their shares to Keysight and would have known in advance that they had the backing of the major shareholders. So, in reality there was never any chance of a counter bid.GLAJag3
Jag3
30 Jul 2015
Re: General Meeting on Takeover Yes. today's the day as both meeting are scheduled for this pm.
BigFatHarv
29 Jul 2015
General Meeting on Takeover Hi All,Is tomorrow the day we find out if it'll go through for definite, go through unless there is a better offer, or do we have to wait until the court case?Thanks
Jag3
24 Jul 2015
Re: Conflict of Interests I would exclude founding directors from my previous statement.
Jag3
24 Jul 2015
Conflict of Interests In my opinion company directors should be barred from holding shares in a company for which they have responsibility. This causes a conflict of interests when an offer is made for that company. Anite is where it is because it is a small flexible company able to respond quickly to changes in the market. It is winning contracts because it is developing products ahead of it's larger competitors. The only winners from this ridiculous offer are Keysight and the Anite BoD's. The major shareholders have a responsibility to their clients to extract the maximum value from this deal and this isn't it,we PI's are powerless in these situations. I have emailed Anite to try to establish if this was an offer or whether they put the company up for sale, two weeks have elapsed and no reply which in the absence of a counter bid suggests the latter as other rivals would also have been approached. It's all legal but immoral.
sauloman
24 Jul 2015
ANITE IS CHEAP The price has not lifted from 126. at this price it is a steal. The BOD of know this but they don't care. What's up jack? Not happy?. We will do all right from this ! and is that not what was planed and anyway the company is all about rubbing the palms of the BOD. Not the shareholders. The people that put money in and helped get where it is today. Lets give them the two fingers.
