forlanssister 157 Posted August 1, 2012 Share Posted August 1, 2012 Another of life's weird coincidences happened this morning, after months of scratching around to find a new NOMAD Merchant House (of cards) Group of Liberty Capital and Craig Whyte fame finally announce their new advisor and broker and surprise,surprise it's none other than Allenby Capital Limited which was founded by a certain Imran Ahmed director of The Rangers Football Club Limited.Merchant House Group plc("MHG" or the "Company")Company Update, Annual Report, Total Voting Rights andChange of Adviser and BrokerThe Company is pleased to update shareholders on recent developments.The directors are pleased to confirm the appointment of Allenby Capital Limited as the Company's Nominated Adviser and Broker with immediate effect. Further to the announcement of 26 June, the audit of the annual accounts for the financial year ending 31 December 2011 continues although the late start due to the challenges in the business previously reported means that the annual report is now expected to be published in the second half of August. The directors anticipate that when the annual accounts have been published, the suspension of trading on AIM in the Company's ordinary shares will be lifted. Combined with the fundraising, appointing a new custodian and a strengthened board already announced, this will successfully conclude the short-term goals following a challenging six months. The whole team has worked hard in difficult circumstances to reach this point. The Company is beginning to see the benefits of all this and the confidence shown by Beia Capital Limited ("Beia Capital") and Beia Investment Partners LLP ("Beia LLP") as we focus again on growing the businesses while controlling costs and seeking to build shareholder value. The directors can further announce that advanced discussions are taking place to secure subscriptions for the £1.35 million non-convertible loan notes announced on 26 June and that Beia Capital has agreed to subscribe for the balance not taken up in two tranches: up to £675,000 on 15 August 2012 and up to £675,000 on 28 September 2012. The secured five year loan notes will be transferrable and carry a coupon of 14% per annum payable semi-annually.Further to the announcement on 26 June, the application for approval from the Financial Services Authority for Beia LLP's £400,000 equity investment is in progress and the directors are unable to anticipate when a decision will be forthcoming. In the meantime therefore, Beia LLP has provided a £400,000 unsecured, interest free loan facility in addition to the £250,000 convertible loan notes already subscribed for. The £400,000 loan facility constitutes a related party transaction under the AIM Rules for Companies due to James Keane and Stephen Drew being directors of MHG and members of Beia LLP. The independent directors, being James Holmes, Christopher Day and Martin Eberhardt, having consulted with the Company's nominated adviser, Allenby Capital Limited, consider that the terms of the loan facility are fair and reasonable insofar as the Company's shareholders are concerned.As stated above, recent positive developments allow the directors to focus efforts on continuing the strategy to build a successful and diverse financial services business. Initiatives the directors anticipate completing in the near future are the launch of an important private equity fund, the launch of a corporate offering for Merchant House Financial Services taking it into a new and exciting sector and the further development of our structured products offering into new European markets. In connection with these initiatives, a number of additional appointments are expected to be made and shareholders will be updated in due course. The Company will also be able to update shareholders in more detail as part of the annual report expected to be published next month.Issue of Equity and Total Voting RightsApplication has been made to the London Stock Exchange for the admission to trading on AIM of the 86,666,666 new ordinary shares in MHG due to Beia Capital as a corporate finance fee in relation to the fundraising (as detailed in the announcement on 26 June) and their admission is expected to take place on 3 August 2012.Following the issue of these shares, the Company will have in issue 4,690,361,459 ordinary shares of 0.01p each with voting rights. The Company holds no shares in treasury. Therefore the total number of voting rights in the Company will be 4,690,361,459.Director disclosureThe following information falls to be disclosed pursuant to rule 17 of the AIM Rules for Companies: James Holmes was a non-executive director of a non-trading investment holding company, LM Logisitics Group Limited, from 20 November 2009 to 11 March 2010, as an investor representative until it became an operating company and which went into administration in August 2010. Quote Link to post Share on other sites More sharing options...
The Beast 9,207 Posted August 1, 2012 Share Posted August 1, 2012 Haven't you had the memo from your disgusting fat master yet? Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted August 1, 2012 Share Posted August 1, 2012 Haven't you had the memo from your disgusting fat master yet?No matter who has came up with it, are you not concerned? Quote Link to post Share on other sites More sharing options...
The Beast 9,207 Posted August 1, 2012 Share Posted August 1, 2012 No matter who has came up with it, are you not concerned?No. Quote Link to post Share on other sites More sharing options...
ZeonBlue 378 Posted August 1, 2012 Share Posted August 1, 2012 The following information falls to be disclosed pursuant to rule 17 of the AIM Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted August 1, 2012 Share Posted August 1, 2012 Yawn. Quote Link to post Share on other sites More sharing options...
JM1872 3,708 Posted August 1, 2012 Share Posted August 1, 2012 There may be too many coincidences in this whole sham for it still to be a coincidence. Quote Link to post Share on other sites More sharing options...
DarcheVinny 1,003 Posted August 1, 2012 Share Posted August 1, 2012 This is the final piece of the puzzle. I was struggling to fit Craig Whyte in to the accusations made by bomber - this is the link.Imran Ahmad founded Allenby Capital, and Brian Stockbridge worked for Allenby Capital. They have been nominated advisors for Nova Resources - of which Charles Green is a former chairman and former non-exec director. 6 days before Charles Green resigned 'to concentrate on a new challenge (Rangers), a gentleman called Chris Morgan joined the non-exec board at Nova Resources. Both Stockbridge and Ahmad have been listed as advisors on official Nova Resources board announcements, prior to January of this year.Allenby Capital have also previously been brokers and advisors for Octopus Investments. Octopus, as we know, own Ticketus. Octopus Investments also have numerous links to Zeus Capital... Quote Link to post Share on other sites More sharing options...
mick1271 521 Posted August 1, 2012 Share Posted August 1, 2012 I have read it twice , where is whyte and ahmed's name is mentioned in it ? Quote Link to post Share on other sites More sharing options...
forlanssister 157 Posted August 1, 2012 Author Share Posted August 1, 2012 Haven't you had the memo from your disgusting fat master yet?And who might that be? Quote Link to post Share on other sites More sharing options...
Smile 26,600 Posted August 1, 2012 Share Posted August 1, 2012 Another of life's weird coincidences happened this morning, after months of scratching around to find a new NOMAD Merchant House (of cards) Group of Liberty Capital and Craig Whyte fame finally announce their new advisor and broker and surprise,surprise it's none other than Allenby Capital Limited which was founded by a certain Imran Ahmed director of The Rangers Football Club Limited.You FF/taigs have to much time on your hands. Quote Link to post Share on other sites More sharing options...
Smile 26,600 Posted August 1, 2012 Share Posted August 1, 2012 No matter who has came up with it, are you not concerned?You told us once Craig Whyte and Green were having lunch in a hotel once did you not and it turned out to be total shite. Quote Link to post Share on other sites More sharing options...
The Beast 9,207 Posted August 1, 2012 Share Posted August 1, 2012 And who might that be?Liewell or Dingwall.Pick one. Quote Link to post Share on other sites More sharing options...
forlanssister 157 Posted August 1, 2012 Author Share Posted August 1, 2012 Liewell or Dingwall.Pick one.Why can't you make your mind up on your own? Quote Link to post Share on other sites More sharing options...
The Beast 9,207 Posted August 1, 2012 Share Posted August 1, 2012 Why can't you make your mind up on your own?You're so funny. Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted August 1, 2012 Share Posted August 1, 2012 You told us once Craig Whyte and Green were having lunch in a hotel once did you not and it turned out to be total shite. Whats thats got to do with this. Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted August 1, 2012 Share Posted August 1, 2012 Liewell or Dingwall.Pick one.Your obsessed with this guy. Quote Link to post Share on other sites More sharing options...
Albertz-89 7 Posted August 1, 2012 Share Posted August 1, 2012 GDS claiming he's going to release the deeds tomorrow. Bomber will be glued to twitter Quote Link to post Share on other sites More sharing options...
elephants stoned 2,994 Posted August 1, 2012 Share Posted August 1, 2012 So what does this mean for us? Quote Link to post Share on other sites More sharing options...
The Beast 9,207 Posted August 1, 2012 Share Posted August 1, 2012 Your obsessed with this guy.Nope but one of my hobbies is outing his minions when they come on here. Quote Link to post Share on other sites More sharing options...
Chef 436 Posted August 1, 2012 Share Posted August 1, 2012 Does this mean green is dodgy again? Has it got the attention the anti green posse wanted? Quote Link to post Share on other sites More sharing options...
North Rd 2,860 Posted August 1, 2012 Share Posted August 1, 2012 This is the final piece of the puzzle. I was struggling to fit Craig Whyte in to the accusations made by bomber - this is the link.Imran Ahmad founded Allenby Capital, and Brian Stockbridge worked for Allenby Capital. They have been nominated advisors for Nova Resources - of which Charles Green is a former chairman and former non-exec director. 6 days before Charles Green resigned 'to concentrate on a new challenge (Rangers), a gentleman called Chris Morgan joined the non-exec board at Nova Resources. Both Stockbridge and Ahmad have been listed as advisors on official Nova Resources board announcements, prior to January of this year.Allenby Capital have also previously been brokers and advisors for Octopus Investments. Octopus, as we know, own Ticketus. Octopus Investments also have numerous links to Zeus Capital...So, do you think it's Suss ! Darch? Quote Link to post Share on other sites More sharing options...
DarcheVinny 1,003 Posted August 1, 2012 Share Posted August 1, 2012 So, do you think it's Suss ! Darch?Everything I have written in that post, can be found on the internet, through company announcements etc. There is more than enough, including forlanssiter's finding, to keep on remaining cautious and asking questions of Sevco, and the men behind them.Green has been on one hell of a charm offensive, which some people have very easily lapped up. He does seem to be doing the right things, but as Ally McCoist said to me and all those present at the RFFF meeting, we must remain balanced in our view of the new owners/board. Quote Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted August 1, 2012 Share Posted August 1, 2012 Tenuous link at best.P.s. folranssister isnt a taig Quote Link to post Share on other sites More sharing options...
barcodebear 85 Posted August 1, 2012 Share Posted August 1, 2012 Nope but one of my hobbies is outing his minions when they come on here.Lot's of folk that lurk/post on FF also frequent here.Most are reasonable coves, apart from the odd arsehole, but then again what Board doesn't have them?I wouldn't class myself as a minion of the man and I've been on Follow Follow for in excess of 10 years.It's all getting a bit Stalinist there nowadays and that's why I'm on here more often than not.Boring snooze ceases! Quote Link to post Share on other sites More sharing options...
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