KEEPING CALM MIKE
08 Dec 2017
Re: Trades above 590 Well looks like its all over , shares last day of trading 20th December, and settlement due 3rd January , so guess its bye, fare well and see you maybe8 December 2017 RECOMMED CASH ACQUISITION of PAYSAFE GROUP PLC by PI UK BIDCO LIMITED a newly formed company jointly-owned by a consortium of funds managed by Blackstone and funds managed and/or advised by CVC (together, the "Consortium"
to be effected by way of a scheme of arrangement under section 152 of the Isle of Man Companies Act 1931 Notice of Court Sanction hearing and update on Regulatory Clearances Following the announcement of the results of the Court Meeting and Extraordinary General Meeting on 26 September 2017, Paysafe Group PLC ("Paysafe" is pleased to announce that all regulatory clearances, other than the approval of the Financial Services Commission of Mauritius (the "Mauritius Approval", have been received in relation to the Acquisition and the Court Hearing to sanction the Scheme will be held in the Isle of Man on Monday 18 December 2017 at 2.30 p.m. The Mauritius Approval is expected to be obtained before the time of the Court Hearing on 18 December 2017. Timing of implementation of the Acquisition will be in accordance with the expected revised timetable (as set out below) of principal events in connection with the closing of the Acquisition announced on 4 August 2017 and described in the scheme document published by Paysafe on 31 August 2017 (the "Scheme Document". Event Expected time/date Court Hearing to sanction 2.30 p.m. on Monday 18 the Scheme December 2017 Last day of dealings in Tuesday 19 December 2017 and for the registration of transfers of Paysafe Shares Scheme Record Time 6.00 p.m. on Tuesday 19 December 2017 Suspension of dealings 7.30 a.m. on Wednesday in Paysafe Shares 20 December 2017 Expected Effective Date Wednesday 20 December of the Scheme 2017(1) Cancellation of admission 8.00 a.m. on Thursday of and dealings in Paysafe 21 December 2017 Shares Expected date for despatch Wednesday 3 January 2018 of cheques/settlement through CREST . see you on some other share page, its been a great ride for me from the Netteler days. Happy Xmas, From Keeping Calm Mike.
IOMINVESTCOM
08 Dec 2017
Regulatory Clearance 8 December 2017RECOMMED CASH ACQUISITIONofPAYSAFE GROUP PLCbyPI UK BIDCO LIMITEDa newly formed company jointly-owned by a consortium of funds managed byBlackstone and funds managed and/or advised by CVC (together, the"Consortium"to be effectedby way of a scheme of arrangementunder section 152 of the Isle of Man Companies Act 1931Notice of Court Sanction hearing and update on Regulatory ClearancesFollowing the announcement of the results of the Court Meeting and Extraordinary General Meeting on 26 September 2017, Paysafe Group PLC ("Paysafe" is pleased to announce that all regulatory clearances, other than the approval of the Financial Services Commission of Mauritius (the "Mauritius Approval", have been received in relation to the Acquisition and the Court Hearing to sanction the Scheme will be held in the Isle of Man on Monday 18 December 2017 at 2.30 p.m.The Mauritius Approval is expected to be obtained before the time of the Court Hearing on 18 December 2017.Timing of implementation of the Acquisition will be in accordance with the expected revised timetable (as set out below) of principal events in connection with the closing of the Acquisition announced on 4 August 2017 and described in the scheme document published by Paysafe on 31 August 2017 (the "Scheme Document". Event Expected time/date Court Hearing to sanction 2.30 p.m. on Monday 18 the Scheme December 2017 Last day of dealings in Tuesday 19 December 2017 and for the registration of transfers of Paysafe Shares Scheme Record Time 6.00 p.m. on Tuesday 19 December 2017 Suspension of dealings 7.30 a.m. on Wednesday in Paysafe Shares 20 December 2017 Expected Effective Date Wednesday 20 December of the Scheme 2017(1) Cancellation of admission 8.00 a.m. on Thursday of and dealings in Paysafe 21 December 2017 Shares Expected date for despatch Wednesday 3 January 2018 of cheques/settlement through CREST
DIE HARD 1
29 Sep 2017
Re: SOLD LOOKS LIKE I DONE THE RIGHT THING AFTER ALL, VERY CLEVER AND ALSO MADE A LOT MORE WITH THE PROOCEDS
Thediceman
28 Sep 2017
I received a message from HL, but I swear I wasn’t notified I had a message. Only saw it after the deadline .... could well be and probably am wrong!
paraguay63
27 Sep 2017
Re: takeover gets go ahead by fraction i... Same boat - had nothing thru from Barclays...not happy.
freedom-thirty5
27 Sep 2017
Re: takeover gets go ahead by fraction i... I never even received any documents allowing me to vote! I wonder how many others were in the same boat?
Yertiz
27 Sep 2017
Re: takeover gets go ahead by fraction in t... Vote was rigged. Not happy about this - and not sure whether my broker put my No vote through, there seemed an awful lot of abstentions. Perhaps I have become a PAYS Re-moaner?(Still think Brexit is right fair and proper for the UK!!).
IOMINVESTCOM
27 Sep 2017
takeover gets go ahead by fraction in tense shareholder vote [link]
IOMINVESTCOM
08 Sep 2017
Naked trader on PAYS Onto sells, as mentioned above Paysafe has made me a fortune and the website too!This was a massive holding for me having held since 166p in the rights issue and I have banked a lot of profit. Indeed it is the biggest ever profit in one share banked for the website with a profit of well over £60,000 - and a whole lot more for me personally as I also had some massive spreadbets on it too.A big slice of the shares were bought only 7-8 months ago, first started buying in late 2015.It is really nice when a big holding gets the bid - and really it is what my trading is all about, trying to find something someone out there would want to buy. It is always in my mind on buying a share. So I've sold around 60% of the shares and kept a few just in case of a rival bid. You never know.
Plantaginent
06 Sep 2017
Re: Scheme of Arrangement What is the offer price?
The original Oggy
04 Sep 2017
Re: Scheme of Arrangement Got mine and have voted.
freedom-thirty5
01 Sep 2017
Re: Scheme of Arrangement I still have not received any documents to complete. Anyone else?
share 123 maiden
01 Sep 2017
Re: Scheme of Arrangement "Does this mean that if the shareholders vote in favour that we will be paid for our shares automatically?"Eventually yes, providing all the regulatory and anti-trust hurdles are passed. See yesterday's RNS for details of when this is likely to occur. According to this document the latest date for the scheme to proceed is 4th April 2018. It will still be possible to trade the shares before the Scheme Court Hearing but you would of course be subject to any transaction fees. However, if you do not sell, you could be waiting up to 6 months for your money if the process proves to be long and drawn out.
oldernowiser
31 Aug 2017
Scheme of Arrangement Does this mean that if the shareholders vote in favour that we will be paid for our shares automatically?
share 123 maiden
21 Aug 2017
Re: TAKE OVER Yes see announcement in RNS on 4th August.
