I think it’s always been clear he hits the 30%….

I presume MB has consulted someone that knows on the actual relevant question, which is whether the rules apply if those shares are acquired via a new issuance of shares, rather than by buying existing shares.

I’m sure he’s done his research and so has effectively confirmed the answer in his article.

Posted By: SimonOTBC on February 17th 2023 at 11:33:14

Message Thread

Bailey done a long athletic piece on ownership/direction of travel … (NCFC) - loz, Feb 17, 11:02:01
- I think it’s always been clear he hits the 30%…. (NCFC) - SimonOTBC, Feb 17, 11:33:14
  - Doesn’t matter how you get to the threshold (n/m) (NCFC) - CWC, Feb 17, 11:37:47
    - Thanks 👍 (n/m) (NCFC) - SimonOTBC, Feb 17, 11:38:46
      - I wondered if there was a distinction for a scenario where the shareholders have … (NCFC) - SimonOTBC, Feb 17, 11:41:00
        
        It's a 'pass' on the detail I'm afraid (n/m) (NCFC) - CWC, Feb 17, 16:57:16
  - Would people have much appetite to sell their shares ?… (NCFC) - loz, Feb 17, 11:35:37
    - Probably depends on the offer price and the messaging? (NCFC) - SimonOTBC, Feb 17, 11:36:36
      - Presumably that’s what they are working through now ? (n/m) (NCFC) - loz, Feb 17, 11:39:27
        
        I'd never voluntarily sell mine (n/m) (NCFC) - KevinBond, Feb 17, 14:54:17
        
        Even if someone helped you get to the threshold (NCFC) - protheroe fitzgibbon, Feb 17, 14:56:35
        
        Oooh Matron (n/m) (NCFC) - LincolnshireCanary, Feb 17, 15:04:36
        
        Don’t get a choice if he gets to 90% though … (NCFC) - loz, Feb 17, 14:55:47
- Assuming D&M don’t sell theirs (NCFC) - jamesward, Feb 17, 11:10:49
  - On the little shareholders (NCFC) - Old Splat, Feb 17, 16:53:45
    - Not much at all than who outside of d&m and ma have significant holdings …. (NCFC) - loz, Feb 17, 18:16:56
  - Guess it would be likely given this shareholding dilutes … (NCFC) - loz, Feb 17, 11:25:15

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.