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Solenta Aviation Holdings Ltd. 2,255,504,566 59.3%
Henderson Global Investors Ltd. 214,943,665 5.66%
M&G Investment Management Ltd. 189,661,161 4.99%
Majedie Asset Management Ltd. 92,628,285 2.44%
Africa Opportunity Partners Ltd. 78,125,000 2.06%
J.O. Hambro Capital Management Ltd. 37,822,723 1.00%
GAM International Management Ltd. 27,064,757 0.71%
Fastjet Plc Employee Benefit Trust 21,504,112 0.57%
BlackRock Investment Management (UK) Ltd. 11,722,853 0.31%
Nico Bezuidenhout 124,522 0.0033%
https://www.marketscreener.com/FASTJET-PLC-21835382/company/
Name Equities %
Solenta Aviation Holdings Ltd. 59.3%
Henderson Global Investors Ltd. ???
M&G Investment Management Ltd. 9.94
Majedie Asset Management Ltd. ???
Africa Opportunity Partners Ltd. ???
J.O. Hambro Capital Management Ltd. ???
GAM International Management Ltd. ??
Fastjet Plc Employee Benefit Trust 0.57%
BlackRock Investment Management (UK) Ltd. ??
Hargreaves Lansdown, stockbrokers (EO)* ??
Janus Henderson Investors ??
HSDL, stockbrokers (EO)*
Liberum Capital ??
Interactive Investor (EO)*??
DOES ANY OINE HAVE THE RIGHT COUNT OF BELOW SHAREHOLDER
As I said I'm tired and tried to construct sentences and my thoughts.
The 75% thank you for the clarity.
Guys as u know I'm not on board yet but wish to join Monday.
Anyone have the voting website ?
Perhaps others part of this will be able to vote against Delisting and benefit.
Once again all the best team, I sincerely hope you all make good profit and if not atleast break even
Good luck.
Sujood I believe its 75% of those people who actually bother to register and vote rather than needing approval from 75% of all shareholders.
This is why companies can delist relatively easy as most shareholders dont register and bother to vote. Hence why the big holders generally get it through.
I haven't been following this much but after looking at a few RNS, I have come to the conclusion that his company will not delist.
My reasoning are bwlow:
They need 75% of holders to vote to be delisted (don't think they will get this)
I have also noticed they have done some business with Solenta Aviation, I think that Solenta Aviation ate vested here and perhaps will bid for a take over.
Sorry I'm tired had a busy day and it's late.
For what it's worth that's my 2 pence worth.
If you are invested here all the very best.
I wish to buy a CHUNK on Monday.
Enjoy the weekend and keep safe.
Aim should be made illegal. Got to be something wrong pumping a share up to .76 then dropping it like a hot potato to nothing. Never ever again will I buy AIM shares.
Vote No and don’t sell your shares
Vote No and keep your shares
So although not yet trading on Asset Match until 30-Sep-20, the current price on there is 0.15p per share, 3x higher than it is on AIM. I'm not selling, I'm going to hold out and see if the price on Asset Match will ever get better.
https://www.assetmatch.com/app/OurCompanies
MMs droping only buy price... sell didnt really changed much DYOR
4.4 sell
We could see the 0.3 next week
It’s 4.5 to buy now
I had a similar Corporate Action notification on Halifax Share site which I use. The current value of the shares means its absolutely a waste of time selling them as I would be lucky if I got £20 after broker fees.
My question is am I right in saying that if I just hold onto the shares whilst fairly worthless, in the unlikely event they should ever gain sort of any value, I could still sell them through my broker but they would have to auction them on Asset Match? Also given the proposed new shares of £0.0001 per ordinary share which I guess our shares will be converted to, am I right in saying the new holding will be 1/100th of the current holding?
If anyone could help answer I would be thankful.
this is what i got from HL this morning
What is happening?
The Board of fastjet plc has announced proposals to cancel the Company’s Ordinary Shares from trading on the Alternative Investment Market. It’s expected that the Company’s Shares will be delisted with effect from the close of business on 21 August 2020.
Why is this happening?
The Company has announced “The Directors have conducted a review of the benefits and drawbacks to the Company and its Shareholders in retaining its quotation on AIM and believe that the Cancellation is in the best interests of the Company and its Shareholders as a whole” (Source: Company Circular, 22 July 2020)
What action do I need to take?
For the delisting to become effective, it must be approved at a General Meeting (GM) to be held at 10.00 a.m. on 12 August 2020. Under AIM Rules, such a withdrawal resolution requires the consent of not less than 75% of votes cast by Shareholders voting on that resolution at the meeting.
If you would like to submit a vote for or against the resolution to delist the Shares, please provide us with your voting instruction by noon on Friday 7 August 2020 by Logging in to your account at www.hl.co.uk and selecting your Fund & Share Account. Choose the Corporate Actions Icon on your fastjet plc Rights and follow the steps.
If you wish to sell your holding before the proposed listing cancellation you must do so before 4.30pm on 21 August 2020. The trade will be placed in accordance with our terms and conditions and subject to the standard Stockbrokers commission rates. To sell these Shares please phone us on 0117 980 9800. Please note that if the cash consideration of a sale does not exceed the commission payable then the sale will not be executed. Please note that although Hargreaves Lansdown will endeavor to sell your Shares it may not be possible to sell all, or even any, of your Shares if a market for the Shares no longer exists.
If you wish to maintain your holding you need take no action. You should note that following the cancellation you may have difficulty selling this investment at a reasonable price and, in some circumstances, it may be impossible to sell it at any price.
Other information and warnings
Should you have any queries relating to the Delisting please contact our Investment Helpdesk on 0117 900 9000. Please note, we can provide factual assistance but cannot provide advice about which option you should choose. We hope you are satisfied with our service. If you would like to set up new products, or transfer other assets you hold to Hargreaves Lansdown please go to www.hl.co.uk or call our Investment Helpdesk on 0117 900 9000.
Yours sincerely
Louis Carter
Louis Carter
Corporate Actions
I got a message on Hargreaves Lansdown from someone called Louis I think telling me to vote, had no instructions so idk how to vote!
GLA DYOR
Solenta investment to Fjet is a large one. I think it would be right move if they secured the 75% of the company by buying more shares at these prices. I predict plenty of buys before cancellation date. Any thoughts?
it doesn't go below 0.05p for buys. I think there are plenty of time for many spikes GL
Is it going to be another 10 per cent today
Private company or not solenta value their holdings a £30 million not £1 million. Just lock your shares away
That spike today afternoon was unreal Hamilton!
GLA DYOR
What’s your thoughts out there if Solenta have got over 75 per cent and a RNS drops confirming that . What price do you think FJET will fall to .
Maybe tomorrow , down 10 per cent again
As my shares are essentially worthless, and this is an entirely logical conclusion to the fastjet saga, I'm not going to vote either way, but will wish them good luck as a private entity in which I will maintain a small interest should they ever succeed / relist.
I agree... yesterdays big buyers will be back again !