Rangersitis 0 Posted September 24, 2014 Share Posted September 24, 2014 It hasn't - it has decreased slightly from 26.42 to 26.14%. Sandy's personal holding has increased though - from 4.56% to 5.21% Cheers, Frankie. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted September 24, 2014 Share Posted September 24, 2014 By how much has his proxy block increased it's share? There's conflicting information on this because the RIFC investor website was updated on 8 August, but it appears to have not been updated correctly, so was (and still is) misrepresenting the figures for Sandy Easdale by saying he had 2,942,957 shares which was 4.47% and a total of 26.42% voting rights. In actual fact though, it was previously announced back in May that he had increased his shareholding to 3,000,000 shares (4.61%) when he purchased 57,043 shares which took his total voting rights up to 26.71%. This was the announcement from May........ The Company announces that it was notified today that Alexander Easdale purchased 57,043 ordinary shares of 1 penny each in the Company ("Ordinary Shares") at a price of 0.23p per share on 1 May 2014. As a result, Mr Easdale now holds 3,000,000 Ordinary Shares in the Company, equal to 4.61% of the issued share capital of the Company. As previously announced, Mr Easdale also holds voting rights over, but does not own, a further 14,387,003 Ordinary Shares, representing 22.10% of the Company, meaning that in total he holds voting rights over 17,387,003 Ordinary Shares, representing 26.71% of the issued share capital of the Company. Millions of pounds getting spent on NOMAD, broker, accountancy, legal and advisory fees and collectively they couldn't organise a piss up in a brewery. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted September 24, 2014 Share Posted September 24, 2014 There's conflicting information on this because the RIFC investor website was updated on 8 August, but it appears to have not been updated correctly, so was (and still is) misrepresenting the figures for Sandy Easdale by saying he had 2,942,957 shares which was 4.47% and a total of 26.42% voting rights. In actual fact though, it was previously announced back in May that he had increased his shareholding to 3,000,000 shares (4.61%) when he purchased 57,043 shares which took his total voting rights up to 26.71%. This was the announcement from May........ Millions of pounds getting spent on NOMAD, broker, accountancy, legal and advisory fees and collectively they couldn't organise a piss up in a brewery. Thanks, Zappa. The above confusion can be added to the amount of corrections that they have needed to issue on their notices to the market. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted September 24, 2014 Share Posted September 24, 2014 Thanks, Zappa. The above confusion can be added to the amount of corrections that they have needed to issue on their notices to the market. Aye, they seem to just keep stumbling along from one cock-up to the next. 0 Quote Link to post Share on other sites More sharing options...
les186 271 Posted September 24, 2014 Share Posted September 24, 2014 I don't suppose we know who Easdale holds voting rights for? 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted September 24, 2014 Share Posted September 24, 2014 I don't suppose we know who Easdale holds voting rights for? He holds the voting rights for Blue Pitch Holdings (often referred to as 'BPH') and also Margarita Funds Holding Trust. BPH & Margarita owned 6.6 million shares (just over 10% of the company) between them before the recent share offer, but I don't know what size their shareholdings are now. He holds the voting rights for another sizable chunk of the company too, but it's not clear whose shares they are. 0 Quote Link to post Share on other sites More sharing options...
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