A cheeky website about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. If you have a tip or want to discuss a story please feel free to email Betaville at ben@betaville.co.uk. Betaville can also be reached at Whats App, Signal or Telegram. Betaville's Twitter handle is @bharringtonw11 and you can message me via Twitter with stories.

Stobart bidder emerges with near 10pc stake in controversial Telit Communications

Monday, 20 July 2020, 7:45 am

For a small company internet-of-things provider Telit Communications certainly gets a lot of attention.

I guess that's to be expected if your former chief executive turns out to be a fugitive on the run from the US authorities and then an unknown Chinese outfit builds a near 16pc shareholding in your business, raising speculation the company is a takeover target for the stakebuilder...

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Boohoo buyback... - Part 3

Thursday, 16 July 2020, 4:53 pm

Regular readers of this website won't be too surprised to read that the founders and directors of Boohoo have just bought a load of shares in the company they founded.

Below is the link to today's announced in which Mahmud Kamani, co-founder and executive chairman, disclosed he bought 5 million shares at 214.2p while Carol Kane, the other founder, bought 2 million shares at 214.2p...

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Tags: Boohoo

Quantum dotty...

Wednesday, 15 July 2020, 4:16 pm

There is talk circulating that Nanoco Group could be in line for hundreds of millions of dollars if it wins a patent row with Samsung.

Nanoco - which produces heavy-metal-free quantum dots - slipped out an announcement earlier this week about how it had reached an agreement with a top litigation funder to go after tech giant Samsung but didn't specify now much it estimates it could be in line for if it wins or settles it case with Samsung. Below is the link to the RNS:..

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Boohoo buyback... - Part 2

Friday, 10 July 2020, 8:15 am

So, it would appear yesterday's talk about Boohoo buying back shares was barking up the right tree. This morning the embattled Boohoo announced its Employee Benefit Trust bought 9.9 million shares at 255.8p. Below is the link to the announcement:..

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Tags: Boohoo

Boohoo buyback...

Thursday, 9 July 2020, 2:03 pm

There is talk circuclating the London market that Boohoo or its directors are currently buying a load of the embattled company's shares.

Perhaps, then, that's why the stock - which has been hammered over the last couple of days following allegations about the treatment of its workers - has leapt over 30pc at pixel time.

Either that or the shorts, such as Matt Earl's Shadowfall, are taking profit...

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Tags: Boohoo
Betaville Intelligence

UNCOOKED ALERT: RockRose Energy said to ... - Part 4

Monday, 6 July 2020, 7:29 am

RockRose Energy is being taken out for £18.50 a share in what is one of the first outright takeover deals of a London-listed business since the pandemic began.

The purchaser is Viaro Energy, a privately-owned commodity trading group run by an Italian entrepreneur called Francesco Mazzagatti.

RockRose Energy, run by Andrew Austin, traded up £22.30 a share in mid January, so I guess the offer from Viaro doesn't look too bad...

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Tags: RockRose

Tech entrepreneur unveils multi-million pound stake in ailing M&C Saatchi - Part 2

Thursday, 2 July 2020, 9:23 pm

Remember when Vin Murria unveiled in early May a 13.25pc stake in M&C Saatchi?

Recently reports emerged via the Kleinmanator of Sky News that the tech entrepreneur had been refused a board seat for "corporate governance reasons".

Well, Betaville hears Murria may come to regret building that shareholding in the advertising agency, which has been beset by accounting problems over the last twelve months...

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[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].