If you go over a 30% stake holding post 2002 you are obliged ..

To make an offer to all shareholdings at the highest price you have paid per share to date unless I’m wrong !!

Posted By: loz on February 13th 2023 at 20:00:19

Message Thread

There we go then.. (NCFC) - Trent_Canary, Feb 13, 18:22:02
- Just 19 of us shareholders there tonight for what I timed as (NCFC) - Old Splat, Feb 13, 20:30:49
  - Any timescale on when we hear more ? (n/m) (NCFC) - loz, Feb 13, 20:40:28
    - No details given and no questions allowed (NCFC) - Old Splat, Feb 13, 20:54:28
      - Is it a conversion event? (NCFC) - SimonOTBC, Feb 13, 20:56:19
        
        Basically the club are releasing as little info as possible (NCFC) - Old Splat, Feb 13, 21:02:16
        
        I’ll have a look later (NCFC) - SimonOTBC, Feb 13, 21:04:27
        
        Just had a look - I don’t think this is a “trigger event” (n/m) (NCFC) - SimonOTBC, Feb 13, 21:10:02
        
        Wonder if we find out at this junction which other shares were acquired … (NCFC) - loz, Feb 13, 21:11:23
        
        *I promise to refrain from posting rumours regarding anyone's private life (n/m) (NCFC) - Old Splat, Feb 13, 21:04:18
        
        Were trigger events disclosed ? (n/m) (NCFC) - loz, Feb 13, 20:59:56
        
        Yes, they’re in the terms of the prefs (NCFC) - SimonOTBC, Feb 13, 21:02:36
    - I’m sure the answer is no (n/m) (NCFC) - SimonOTBC, Feb 13, 20:53:09
      - Yes but we weren’t in the room tbf (n/m) (NCFC) - loz, Feb 13, 20:54:15
        
        We would know if already if anything else was said (n/m) (NCFC) - SimonOTBC, Feb 13, 20:56:52
- Seismic stuff (n/m) (NCFC) - SCC 28, Feb 13, 18:43:49
  - Indeed historic night for the club … (NCFC) - loz, Feb 13, 18:50:55
    - Delia will be 40% owner now rather than 53%. (n/m) (NCFC) - Tony Martin, Feb 13, 19:12:11
      - Takeover code applies if attanassio over 30% I think (n/m) (NCFC) - loz, Feb 13, 19:29:49
        
        I believe you're wrong and it doesn't apply to little old Norwich (NCFC) - JD3, Feb 13, 20:16:59
        
        It’s applicable to public companies (NCFC) - SimonOTBC, Feb 13, 20:23:33
        
        I don't think you're right. AFAIK our shares aren't traded on a regulated market..... (NCFC) - JD3, Feb 13, 20:54:40
        
        NCFC would fall in the other companies bit (NCFC) - SimonOTBC, Feb 13, 21:41:26
        
        Yea that’s my take (n/m) (NCFC) - loz, Feb 13, 20:49:16
        
        Is he taking over then? (n/m) (NCFC) - SCC 28, Feb 13, 19:34:11
        
        If you go over a 30% stake holding post 2002 you are obliged .. (NCFC) - loz, Feb 13, 20:00:19
    - Emotional stuff tbf (n/m) (NCFC) - SCC 28, Feb 13, 18:52:31
- Clear as mud 😂 no wonder they encouraged people not to turn up tbf (n/m) (NCFC) - loz, Feb 13, 18:25:17
  - The only interesting thing I was hoping for was subscription price! (n/m) (NCFC) - SimonOTBC, Feb 13, 18:36:41
    - Presumably an announcement will be forthcoming from the club over the coming week (NCFC) - SimonOTBC, Feb 13, 18:39:52

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