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Investegate |Eddie Stobart Announcements | Eddie Stobart: Change of Name to Logistics Development Group plc


A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

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Investegate |Eddie Stobart Announcements | Eddie Stobart: Director/PDMR Shareholding


A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

City Of , United Kingdom , Aadrian Collins , Saki Riffner , Gary Clarence David Anderson , Stephen Harley , Nick Hasell Alex Le , Giles Balleny , London Stock Exchange , Cenkos Securities Plc Nomad Joint Broker , Logistics Development Group , Investec Bank , Eddie Stobart Logistics , Development Group , Stobart Logistics , Open Offer , Existing Ordinary , Open Offer Shares , Ordinary Shares , Market Abuse Regulation , Stock Exchange , Securities Plc , Joint Broker , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , கேரி தெளிவு டேவிட் ஆண்டர்சன் ,

Investegate |Eddie Stobart Announcements | Eddie Stobart: Result of Open Offer


 
Eddie Stobart Logistics plc (AIM:ESL), an AIM-quoted cash shell which is proposed to be re-named Logistics Development Group plc following its proposed conversion to an investing company focused on the logistics assets, is pleased to announce that the Open Offer announced on 9 December 2020 has closed oversubscribed.
 
Qualifying Shareholders who have validly applied for Open Offer Shares will receive their full Open Offer Entitlement. Applications made under the Excess Application Facility will be scaled back pro-rata such that Shareholders will receive 13.5
 
per cent. of the Excess Shares applied for. The Company received valid applications from Qualifying Shareholders in respect of 228,091,001 Open Offer Shares representing an oversubscription of approximately 62.5 per cent. over the available 140,358,528 Open Offer Shares. ....

City Of , United Kingdom , Gary Clarence David Anderson , Nick Hasell Alex Le , Giles Balleny , London Stock Exchange , Cenkos Securities Plc Nomad Joint Broker , Logistics Development Group , Investec Bank , Market Abuse Regulation , Stobart Logistics , Open Offer , Open Offer Shares , Excess Application Facility , Excess Shares , Qualifying Shareholders , Offer Shares , Extraordinary General Meeting , Existing Ordinary , Ordinary Shares , Securities Plc , Joint Broker , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , கேரி தெளிவு டேவிட் ஆண்டர்சன் , லண்டன் ஸ்டாக் பரிமாற்றம் ,

Investegate |Eddie Stobart Announcements | Eddie Stobart: Results of General Meeting


Proposed conversion to Investing Company
Placing, Subscription and Open Offer to raise £16.0 million
Approval of Waiver of Rule 9 of the Takeover Code
Total Voting Rights
 
Eddie Stobart Logistics plc, an AIM-quoted cash shell which is proposed to be re-named Logistics Development Group plc following its conversion to an investing company focused on logistics assets, is pleased to announce that all resolutions put to shareholders at the general meeting held by the Company earlier today were duly passed.  Full details of the voting are set out below.
 
Conversion to Investing Company
In accordance with today s vote, from re-admission of the Company s issued share capital to AIM on 31 December 2020, the Company will be an AIM investing company managed by DBAY Advisers with an investing policy focused on logistics assets.  The investment objectives of the Company will be to provide shareholders ....

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