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?
