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Prospectus Publishers off the Hook

This article represents the views of its author and not necessarily those of ShareSoc. The Government has published how it proposes to reform the Prospectus Regime. Among the welcome changes are the ability to omit a prospectus when shares are being issued to those who already hold equity securities in the offering company, subject to certain conditions, including that the offer is made pro-rata to a person's existing holding. The need for a prospectus introduced a costly barrier to the issue of shares ...

Abcam to Delist from AIM and Victoria Webinar

The views expressed in this article are those of its author and don't necessarily reflect those of ShareSoc. Abcam Delisting from AIM Biotechnology company Abcam (ABC) is one of the largest AIM listed companies (market cap £2.7 billion). Yesterday (20/7/2022) they included in a trading update a statement that they are planning to cancel the admission of their shares on AIM. They previously moved to list their shares also on Nasdaq so they are currently dual-listed. This means they have already lost the ...

Big Miners and How Far Ahead Do You Look?

This article represents the views of its author and not necessarily those of ShareSoc. The last couple of days have seen a jump in the share prices of big miners such as Rio Tinto (RIO) and BHP (BHP). They have risen as much as 5% over the last two days, after falling substantially from their peaks at the start of June. The price of BHP shares has been affected however by the free distribution of shares in Woodside Energy (WDS) on the ...

Comments on GB Group and Voting Considerations

This article represents the view of its author and not necessarily those of ShareSoc. GB Group (GBG) is a provider of digital location, identity verification and fraud prevention systems. Because of the need to identify people quickly and at low cost in the digital world, it has been a great success in the last few years and has become one of the largest AIM companies. Revenue has grown from £87m to £242m in the last 5 years although profits have been less ...

More about Skin In The Game – SEC Chair sells shares

This article reflects the personal view of Cliff Weight and does not necessarily coincide with ShareSoc Policy. Cliff Weight is a director of ShareSoc. Cliff owns shares in SEC. Nothing in this article should be viewed as advice. A chair selling into the market for no good reason on a day when the trust is buying back shares; not something you see every day. The RNS  does not explain why! What little alignment of interest there was with shareholders has been further ...