18p. 29 apr 9.7p

It would be sheer madness if the restructuring wasn't given approval GF. This is Britain however, where sheer madness appears to be the norm! ;o)

Here we are from data explorers just about
only 35k stock out on loan but there has been
a fall off in there kast few day as you can see,
not much though so my conclusion is that its new
share holders buing the stock . in my eyes a
BIG POSITIVE. Shows confidence that the restructuring
will be passed on thee 25th......

goldfinger not sure if all Spreadbet/CFD trades are hedged and would there show no loan stock. Like the 50p target price set by Peel Hunt so good things could still come from UNIQ from this level.

Up 45% today so far.

Reminder..


Henderson is backing Uniq pension deal
By Jeff Prestridge
13 February 2011, 12:20pm
Fund manager Henderson is backing Uniq's ground-breaking proposal to tackle its crippling 436m pension fund deficit by handing over more than 90% of shares in the chilled food firm to the scheme's trustees.





Henderson, one of several City institutions to hold stakes in Uniq, said the restructuring represented the 'only show in town'. 'Either it gets approved or Uniq goes bust,' a spokesman said.
The investment group holds Uniq shares through Henderson UK Equity Income fund and the Lowland and Law Debenture trusts.

In a deal with the Pensions Regulator and Pension Protection Fund, after 18 months of haggling, Uniq is ceding 90.2%t of its shares to the pension fund.

With a 14m cash injection into the fund, this would close the gap between the scheme's 600m of assets and 1 billion in liabilities, Uniq said.

It will also preserve 90% of the benefits built up by members - those already in payment would be paid in full. The scheme has 20,000 members.

But crucially, the complex arrangement must be approved by Uniq's 11,000 shareholders in a vote that takes place in 12 days.

Charles Hall, head of research at stockbroker Peel Hunt, said the proposal represented the 'only' solution. Hall said the company should see its share price re-rated so the value of investors' holdings would be maintained. Shares worth 5.6p now could be worth 50p if the deal is approved.



Read more: http://www.thisismoney.co.uk/markets/article.html?in_article_id=522801&in_page_id=3#ixzz1E82JBn31

Now 78%. Very tempted to buy more.

Many thaks GF

By bringing it to our attention a couple of days ago I did some research and jumped on board and have just made a packet.

Thanks

Restructuring passed. A dobubling of SP from here I reckon.

one of the mighty fallen ....

and beware a potential (serious) resistance as 200 dma is hit ....

.

Interesting to see NO stock or minscule
stock out on loan at UNIQ. (shorts)

Is this the ISA effect and rebalancing or
are the shorters fearful now of reorganisation?