shareordie
24 May 2019
Anyone been paid? I sold mine on the market because at one time the were buying slightly above offer price, so I sold. I would imagine it will be along shortly, maybe clearing is holding it up a few days.
Gamesinvestor1
24 May 2019
Anyone been paid? The timeline for settlement of the shares purchased accoring to this document was 23rd May. In AJ Bell I received the dividend payment but not the capital value of the shares purchased. [link] Manx is in breach of the contract – anyone recieved the cash in other brokers? Games Event Time and/or date Latest time for lodging Forms of Proxy for the: Court Meeting (WHITE Form of Proxy) 11.00 a.m. on 24 April 20191 General Meeting (YELLOW Form of Proxy) 11.15 a.m. on 24 April 20192 Voting Record Time3 6.00 p.m. on 24 April 2019 Court Meeting 11.00 a.m. on 26 April 2019 General Meeting 11.15 a.m. on 26 April 20194 Certain of the following dates are subject to change (please see note (5) below): Court Hearing 10.00 a.m. on 3 May 2019 Declaration of Dividend 7 May 2019 Last day of dealings in, and for registration of transfers of, and 7 May 2019 disablement in CREST of, Ordinary Shares Suspension of dealings in Ordinary Shares 5.00 p.m. on 7 May 2019 Dividend Record Time 6.00 p.m. on 7 May 2019 Scheme Record Time 6.00 p.m. on 7 May 2019 Effective Date 9 May 2019 Cancellation of admission to trading of Ordinary Shares 8.00 a.m. on 10 May 2019 Settlement of the Dividend and consideration payable under by 23 May 2019 the Acquisition
shareordie
08 May 2019
Stolen Yes it was one of the most secure dividend payer’s in my opinion and it paid well. The institutions had made there mind up from the start, some of the RNS’s seemed to indicate that they were buying in the market and selling a few pence more probably to the offerer. That’s why when it went slightly above the offer price I sold and bought fpo first property. As I believed that ma’s a good move at the time. Oh well, maybe it will come back in a rew years time and we can make money out of it again, lol.
Gamesinvestor1
07 May 2019
Stolen It’s all over - this company has been stolen from the shareholders at a ridiculous price. “â€"Manx Telecom plc (“Manx†or the “Companyâ€) is pleased to announce that the Scheme was sanctioned by the Court earlier today. It is expected that the Scheme will become effective on 9 May 2019. Dealings in Manx Ordinary Shares will be suspended from trading on AIM with effect from 7.30 a.m. on 8 May 2019. Subject to the Scheme becoming effective, it is expected that the admission of Manx Ordinary Shares to trading on AIM will be cancelled at 7.00 a.m. on 10 May 2019. Gamnes
shareordie
03 May 2019
Can not find previous post here I don’t think I am entitled to the dividend, but I was surprised to get a little above the offer, all I can think is the offerer wanted to bag as many shares as they could to get above the % for compulsory purchase. But I also wanted to increase my shares I. Fpo before the trading statement, and next results as I was expecting decent increase in profits from FPO shortly. The recent trading statement confirmed that so I’m quite chuffed as they have gone from 48p to around 52p already and I’m hoping for quite a bit more in the future.
Ripley94
03 May 2019
Can not find previous post here MANX… XXXXX Well done sharordie wasn’t the excepted offer 207.1 p The 215p with the div included… you still entitled to that ?
shareordie
02 May 2019
Can not find previous post here I sold just over 215 then bought more fpo first property.
Ripley94
29 Apr 2019
Can not find previous post here MANX… XXXXX. Take over RNS 12 March 187p before that , by 14th 215p
Gamesinvestor1
26 Apr 2019
Disasterous sellout decision Management have been backhanded here :- [link] At the court and general meeting, 91% of shareholders voted in approval, while 9.7% voted against the offer. Games
Gamesinvestor1
17 Apr 2019
Acquisition Yep - and the share price keeps falling, and a few investment houses keep adding to their pile. This deal is going to get blocked, renegotiated or another bidder is waiting. Games – It’s seems like a bad thing for the management to sell at such a low price, almost as bad as the administrators at Debenhams turning down £200M from Mike Ashley and forcing the company to the wall. I’m no fan of Ashley but I do hope he wins his case, otherwise no other rescue will happen for companies while they are still public, if it means the threat remains that it can be purloined by PE and administrators, at the expense of shareholders.
shareordie
17 Apr 2019
Acquisition True, that is a bit unusual.
Gamesinvestor1
16 Apr 2019
Acquisition Seems a strange time to be doing this if they have a bid in process. LONDON (Alliance News) - Telecommunications firm Manx Telecom PLC said Tuesday it had agreed to buy business IT services firms Synapse Consulting Ltd and Synapse Consultants Ltd for an undisclosed sum. Completion of the deal is expected to occur later in April with all four current Synpase directors - including Managing Director Colin Sheard - remaining on at the business. “Synapse 360 is an excellent fit with Manx Telecom,†Manx Chief Executive Gary Lamb said. “We have long viewed managed services as a potential growth area for the business and Colin and his team’s success over the last 20 years have reinforced us in this view, and confirmed us in the intention to make this attractive bolt-on acquisition.†Shares in Manx were 0.1% lower at 214.31 pence on Tuesday. Games
Gamesinvestor1
04 Apr 2019
Voting I take it everyone who is still a holder on here will vote against this give away deal? Games
shareordie
29 Mar 2019
Sandgrove Lol, I’ve just looked, if they take there holdings upto 25% or more they might be going for an offer, other than that they might be just trying to twist the take over companies arm to pay them more for there holding so they can compulsory purchase the rest.
Gamesinvestor1
29 Mar 2019
Sandgrove typo - yes 7.16% – My wife has told me a million times not to exagerate lol !
