CFU 0.00% 0.4¢ ceramic fuel cells limited

Ann: Deed of Company Arrangement & Director Replacement-CFU.AX, page-3

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  1. 3,186 Posts.
    lightbulb Created with Sketch. 39
    Trying to get my head around this.
    http://www.investogain.com.au/company/ceramic-fuel-cells-limited

    http://www.investogain.com.au/LiqDecl/CeramicFuel.pdf
    Shareholders should seek professional advice in respect of the consequences of the Liquidation of the Company and the above declaration.

    ..........
    Litigation Capital Partners Funding Pty Ltd. executed the DOCA and we have a Top 20 issued where they now hold 13.04% for $40k - signed off by Song on 06 October 2016.

    New directors hold nil shares.
    Former directors relinquished all the performance shares and options, not yet exercised, I think? Can anyone confirm this.

    Last top 20 issued on 04 October 2016
    CERAMIC FUEL CELLS (Subject to Deed of Company Arrangement)
    Column 1 Column 2 Column 3 Column 4
    1   Shareholder name Fully paidordinary shares Percentageheld
    2 1 Litigation Capital Partners Funding Pte Ltd 456,242,549 13.04%
    3 2 Locke, Alasdalr 283,258,782 8.10%
    4 3 Artemis Investment Management 123,384,485 3.53%
    5 4
    Hong Kong Three Circle Electronic Company Limited 100,000,000 2.86%
    6 5 Distributed Energy Limited 90,909,090 2.60%
    7 6 Carllnl, Rosemary & Peter 80,000,000 2.29%
    8 7 City of Bradford West Yorkshire Pension Fund 64,750,000 1.85%
    9 8 Consorsbank 64,094,200 1.83%
    10 9 ING-DIBa AG 58,480,903 1.67%
    11 10 Commerzbank AG 57,077,675 1.63%
    12 11 Bergen Asset Management, LLC 50,577,786 1.45%
    13 12 Deutsche WertpapierService Bank AG 47,238,286 1.35%
    14 13 Fitzpatrick. Michael & Sykes, Helen 45,572,915 1.30%
    15 14 DZ Bank AG 35,732,306 1.02%
    16 15 Hsbc Trinkaus + Burkhardt Ag 34,634,773 0.99%
    17 16 Deutsche Bank Ag 32,386,785 0.93%
    18 17 Winterflood Securities 21,674,663 0.62%
    19 18 State Steel Bank & Trust Company 20,905,907 0.60%
    20 19 JP Morgan International Bank Ltd 18,592,763 0.53%
    21 20 Ceramlc Oxide Fabrioators Pty Ltd 15,590,625 0.45%
    22   Total Top 20 1,701,094,493 48.63%
    23   Other 1,796,775,050 51.37%
    24   Total 3,497,869,843 100.00%
    Please note that I copied this top 20 table from the pdf - so there may be some error.

    My holdings are small, but it does appear that our new top shareholder may be trying to pursue a course of action to recover something? - which may be wishful thinking on my part!

    From a Google search, it appears like Litigation Capital Partners Funding are now ASX listed LCA, but I have yet to find any link to CFU?
    Can anyone shed more light on this?
    Last edited by staz024: 27/04/17
 
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Currently unlisted public company.

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