goldfinger
- 17 Sep 2003 12:39
Yes this ones a new company formed as a media play to partner the branded and big boys in providing services for mobile phones, usually non-speech services. 5,000 customers to date Including some big boys and a lot more well known names.
Not much news to play with on this one, but you can get a copy of the prospectus off the RNS below.
Incite Holdings PLC
16 September 2003
FOR IMMEDIATE RELEASE 16 September
2003
INCITE HOLDINGS plc ('Incite')
Directors' and other Investors Shareholdings post Admission
Following the admission to trading on AIM of the Company's issued Ordinary
Shares, in addition to the holdings of the Directors, the Company is aware of
the interests, in excess of 3 per cent of the Company's issued Ordinary Share
capital, set out below:
Shareholder Number of Percentage of issued
Ordinary Ordinary Share
Shares capital
of 1p each
Simon Hellier (Director) 6,610,668 22.7%
Anthony Davies (Director) 6,253,334 21.5%
Martin Boulton (Director) 1,572,267 5.4%
Neal Harper 1,250,666 4.3%
Barnard Nominees Limited (a/c 2,392,718 8.2%
Richard Griffiths)
Barnard Nominees Limited (a/c 2,071,309 7.1%
Elenora International Investments
Limited)
Bruce Pleckinger 1,625,000 5.6%
Kinsale Management Limited 1,600,000 5.5%
Barnard Nominees Limited (a/c 1,200,000 4.1%
Evofund)
Enquiries to : Simon Hellier 020 8334 7092
Incite Holdings plc
Rod Venables 020 7628 3396
Beaumont Cornish Limited
Roland Cornish 020 7628 3396
Beaumont Cornish Limited
Len Russell 020 7444 1760
Christows Limited
Adam Reynolds 020 7735 9415
Hansard Communications
This information is provided by RNS
The company news service from the London Stock ExchangeENDS.
Less than 20% free float therefore any demand will send the price flying.
Please DYOR.
GF.
Dil
- 08 Sep 2004 08:17
- 116 of 131
Not advice GF just my opinion , probably go straight to a tenner now :-)
piston broke
- 10 Sep 2004 08:15
- 117 of 131
looks like we have been conned guys.....see AIM stock exchange censure for INC issued today.
OK so they have had their knuckles severely rapped...what happens to us guys who have done our dough...and even more annoying it seems like there was some form of insider trading on the last day they traded as the 'knowledgeable' ones jumped ship at 55p ish and last trade price was half that
Dil
- 11 Sep 2004 00:49
- 118 of 131
Stock Exchange blow for Incite
Robert Lea, Evening Standard
10 September 2004
MOBILE phones company Incite Holdings, where rugby star-Lawrence Dallaglio is a director, has been censured by the Stock Exchange for misleading investors.
The chequered career of Incite, which has not yet completed a year on the stock market, took another turn for the worse today after it was rapped for breaching the relatively relaxed listing rules of junior stock exchange the Alternative Investment Market.
The company, for whom former England rugby captain Dallaglio is a market development director, was slammed for failing to disclose information to the market in the four months after it floated to the end of January when its shares were suspended.
A Stock Exchange statement said: 'Enquiries by the Exchange established that in the period from the company's admission to its suspension, the lack of revenue generated by the company and lack of working capital amounted to a change in its financial position, a change in the performance of its business and a change in its expectation of its performance, which if made public would be likely to have led to a substantial movement in the [share] price.'
Incite provides information to Spurs and West Ham supporters via their mobile phones. Failure to sign up further deals led to the financial crisis and the company has yet to produce its maiden results.
It also awaits the outcome of a second Stock Exchange probe surrounding share dealing in Incite by Richard Griffiths, chairman of City stockbroker Evolution Beeson Gregory.
With Incite's shares soaring as high as 75p, Griffiths dumped his 8% stake within a month of the 25p float, bagging a 1.3m profit. News of the sale was not reported until three months later, another breach of stock market rules.
Doggy tale that launched City career
THE ascent of Richard Griffiths to become chairman of Evolution Beeson Gregory, one of the City's more dynamic investment banks, at the age of 37, is a colourful yarn in a business full of tall stories.
Griffiths formed the business via deals culminating in the 2002 takeover of stockbroker Beeson Gregory in 2002, with old chum Alex Snow, a former Harlequins and England B rugby international.
He had already made a fortune in the bull market* of the 1990s buying and selling shares but got out before the tech bubble collapse.
But his beginnings were humbler. A Welshman, he was brought up on his father's rented sheep farm in Powys, on which he worked after leaving school at 16.
After a spell in land dealing, Griffiths decided to go into stockbroking after meeting a greyhound trainer who told him his owners were stockbrokers and were so wealthy they were able to bet 10,000 on the dogs.
Dil
- 11 Sep 2004 00:50
- 119 of 131
Bloody sheepsh*gger :-)
goldfinger
- 11 Sep 2004 00:56
- 120 of 131
Hi Dil, have you passed this news onto Cat?, cheers Gf
Dil
- 11 Sep 2004 01:13
- 121 of 131
Cat trades , I invest so he wouldn't have been in too long after the first wobble I guess .... but you know that anyway.
Thought you were best mates with him and the Count ?
:-)
nematode
- 11 Sep 2004 01:16
- 122 of 131
goldy,still holding bprg???watch out for nas listing....big boys in states getting ready to climb aboard!!!
goldfinger
- 11 Sep 2004 11:13
- 123 of 131
Dil I am, but I refuse to post on that new sharesforum where I think he now hangs out. All ex SC there and its my beleive the owner of the site who has less than 18 months experience in this business is not qualified to be running a site like that. The FSA should have guidelines etc, etc.
Nematode, yes still in BPRG with three tranches up over 130p. Sounds like it could be good news but before I start buying into BPRG I want the volatility to settle and also Hind to start reacting like a responsible manager and get the PR dept sorted out once and for all.
cheers GF.
piston broke
- 11 Sep 2004 11:31
- 124 of 131
Guys...a couple of question from someone who has never been the victim of 'gangsters' before
what is BPRG and what is the relevance?
do us innocent guys have any comeback on anyone....eg...we accept shares can always go down as well as up...however in this case we have been ripped off and it is tantamount to fraud?
any views on this
rgds...pissed and broke
goldfinger
- 11 Sep 2004 12:01
- 125 of 131
PB, BPRG as no relevance, namatode just saw that I was posting on this thread.
As for come back on the management who run this company I agree its a sham what they did and not only did private investors get shafted and conned but also quite a few tip sheets and financial advisers and papers were made to look mugs.
I have to say though it as happened in the past and no doubt it will happen in the future.
The FSA the controlling body are just not interested in the small retail investor like you and myself.
Im sorry I dont have the answer but like you I have felt really angry on a few occasions when these companys get away with murder.
cheers GF.
Dil
- 11 Sep 2004 12:59
- 126 of 131
Yep I agree , now maybe you can understand why I am less than enthusiastic about any company with Chris K. on the board after the stunts he has pulled with QTR and its parent company.
nematode
- 11 Sep 2004 20:31
- 127 of 131
Sorry my apologies for mentioning bprg on this thread,it was purely to catch GF's attention and a guy who i've known for a while and have alot of admiration for.Thanks GF for your comments.....did u never top up in the 60p region???
goldfinger
- 11 Sep 2004 23:47
- 128 of 131
Nems yes and more, but also took the profit. Im still a big BPRG fan.
Still have tranches that I need to make money.
Dil I now understand, thanks.
cheers GF.
piston broke
- 08 Nov 2004 06:50
- 129 of 131
I see in FINANCIAL MAIL on Sunday, the villain who is behind the dodgy dealings that have caused the suspension of Incite is featured today and he operates from a Pub in Brecon Beacons.Suggest a few of the boys pop around there as the non disclosure of his shares followed by selling at nice juicy profit is still under investigation.
Apparently only the 3rd time in history of the Stock Market that a company has been severely censored for this activity. Its worth a read before deciding if its a knee cap job
GRAEME.ALEXANDER
- 08 Nov 2004 10:41
- 130 of 131
piston broke.
Thanks for info, unfortunatly I cant find it on their web site, any chance if /when you have time you could post or e.mail it. Thanks Graeme.
piston broke
- 08 Nov 2004 11:49
- 131 of 131
Graeme
havent looked on line,however when reading the paper yesterday there was huge article taking up a full page referring to this Griffiths guy operating from a Pub in the Brecon Beacons and the dodgy dealings he has been into...not only Incite but also Room Service..regret I no longer have paper , but will have a look on line when I have a mo
It also referred to him getting involved with a Welsh Greyhound Traner and having 100000 bets.rgds.PB