Re: BSHL make important Birmingham City announcement as fresh takeover talk emerges
Blue HEl MayorWired and tearyBlue HI’ve probably got confused somewhere, but it’s likely the bit they are “selling” is the ~23% in BC PLC held directly by Oriental
This is separate from BSHL, who own 75% of BC PLC, and are on the HKSE.
Why would BSHL voluntarily announce this potential sale of the 23%, when it’s not technically related to them? Unless there’s something in the deal that lets this “third party” purchase BSHL/ part of it.
My thoughts exactly
To prevent ambiguity that their stake is part of it.
Cheers, I guess what would be big news is them announcing their stake or part of it is included in this deal or a future option. Which wasn’t announced at any point under the Maxco/ Bassini deals, despite Maxco saying it was happening further down the line.
It would be massive news, and it would massively spook investors. PR told me that he had a signed contract, but I figure they weren't going to say anything until they absolutely had to - a common MO for penny stocks in Hong Kong