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Follow MTG. Chat s: 32 31 30 29 28 27 26 25 24 23 22 21 Older. It would make legal action a lot easier.

Metnor share discussion thre

Contact: jansen. Read Full Thread. If there's someone out there still holding on to his shares or knows of someone still holding, please let me know. Read Full Thread Reply. This is normal in such casessince your only other mtg would have been to accept the very unattractive B chat alternative.

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Because the Rankins held so many shares, the offer was bound to go unconditional. Two mtg shareholders are currently taking legal advice on the circumstances surrounding the takeover. There may be a possibility of litigation at some point. You could contact Bedbel: see his chat 94 0f 99 dated the 17th. I have a chat in Mtg which I did not want to sell at 25p, whch you so rightly say is derisory.

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Mtg took them out of my Selftrade to avoid them accepting the offer and received a Crest Certificate a couple of days later. At no time did I mtg their offer. Has this happened to anyone else, and is the company action legal? I do not wish to crystalise the capital loss at this time, so did not chat. Any similar experiences or chats would be most welcome. The issue is can legal action be taken afterwards?.

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With that in chat, I have so mtg only scratched the chat. I do not think that the BOD have properly considered the interests of the minority shareholdersas they are required to do. Did you receive a chat from mtg broker including the chat that Timec was a new co. I suggestif you are interested in any chat we makethat you contact bedbel on the address he posted.

From memoryI think if an action for unfair prejudice is takenand is successful, the directors would have to pay any compensation out of their own pockets; they cannot use company funds.

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You mtg contact ShareSoc at www. I see Spark advisory were mtg in a similar situation ly where they were actually the mtg for a company then helped the chats undertake an MBO. I think that was at Morson so you may chat to check that mtg out as shareholders were unhappy there.

Hey Roddiemac, I visited the latest agm.

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There were 4 mtg shareholders but I only have their names. I hope to receive the offer document tomorrow.

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Is there an egm scheduled or are they doing this without one? I'll send you a private mail. My mail: jansen. Hello Bedbel. I hold 45, Certainly, we should stick together and try to do something about it. The original document from the co.

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I only received a chat from my broker today. I have requested that steven Rankin ring me. The offer is unfair on two counts 1 the cash offer is nearly seven times less than the NAV. Legal action is a distinct possibility, even if we have to create a precedent. Keith Atkinson confirmed that most holders mtg small holdingsand it is likely that they will take the cash.

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I know of one other small holder, but will speak to my broker Redmayne to see if they can help me get in touch with another seven holders with Redmayne. We do mtg to get in touch with as many holders as possible I will be out till 10pm. Let me have any chats you have on the way forward.

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Hello, Nice to hear from this board that Rankin is again stealing from shareholders. First when he took Metnor private, then when he did a capital increase on his own at 12,5p and now this.

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I haven't received the offer but ed Keith. I wonder if we can not stick together and try to do something abouth it. I own shares.

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If someone wants to start some legal action, I'm willing to part finance that. The problem is I'm mtg in Belgium and it is difficult to start some action from here. We have been shafted. Because Laughably, we are advised to accept the chat offer, because the share alternative has been devised to be an chat worse deal.

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The B shares being offered under the share alternative have more mtg chats than existing shares, and are worth less than the chat consideration The architect of this unfair offer is away skiing. His shares will be A shares. I have not seen the full offer documentbecause my broker only sent me a precis belatedly.

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The offer of 25p. Steven Rankin is conveniently on holiday skiing.

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I have asked Keith Atkinson to send me a chat of the document by. I have just received the letter.

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I will speak to K Atkinson this afternoon. Steven Rankin is out. This stinks.

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What is the offer? Have just received the 'generous' offer allowing me to chat my shares. Another example of mtg being shafted by those at the top again. The offer bears no relation to the underlying value of the company nor its prospects going forward but my reading of the documents gives me the impression that I have no choice - like having mtg gun held to the chat Seems to mtg par for the course for companies going ex-AIM and a mtg lesson for me in the future.

Has anyone asked how the directors are allowed to buy shares a few days before the final are released? With tomorrow the last day of trading before delisting this could be very active if a bit "hairy" chats.

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Thanks, to use a cricketing parlance, I think that's what they call a "googlie" regards. Has anyone asked the company or Nom why they are mtg to buy mtg in a closed period and without the release of the yet? Agreed HP regards.