UK 20:09 Sunday, 25 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Earlier today on this website, Tom Winnifrith noted the additional disclosure provided by cloudBuy plc on its Chairman’s “security for a loan facility”, the description of which has now changed to a “sale and repurchase agreement which Mr Duncan entered into with Equities First Holdings LLC”. Like Nigel Somerville with cloudBuy, I hold shares in IQE plc (IQE) and am arguably doing myself few favours writing this, but given IQE directors also announced recent dealings with Equities First, they too now need to step up to the disclosure plate…
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Comments
alcira16247
Steve
Couldn’t agree more with the points you have raised and the company needs to address this matter immediately to reassure investors to exactly what’s going on with these dubious transactions with Equities First.
By the way, Steve, have you noted :-
Garth Selvey, Chairman of ANGLE, commented: “Andrew has entered into this finance arrangement to bridge the purchase and renovation of a new house”
and
Mr Duncan, CloudBuy…..Transferred Shares to EFH for the consideration of £533,490.30 for use towards part of the purchase and renovation of his new house…..
What a coincidence! Still, I’m just an old cynic, what do I know?