The Panel made a declaration of unacceptable circumstances on 25 January 2019 in relation to applications dated 28 December 2018 from shareholders in Benjamin Hornigold Limited (BHD or target) and Henry Morgan Limited (HML or target)¹ in relation to the affairs of each company (see TP18/80 and TP19/04).  The applications rela

The Panel has made interim orders¹ in response to applications for interim orders dated 28 December 2018 by shareholders in Benjamin Hornigold Limited and Henry Morgan Limited² in relation to the affairs of each company.

Benjamin Hornigold and Henry Morgan are subject to separate off market takeover bids by John Bridgeman Limited.

The Panel has received applications from shareholders in Benjamin Hornigold Limited and Henry Morgan Limited¹ in relation to the affairs of each company.

Details of the applications, as submitted by the Applicants, are below.

A sitting Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings or to hear the applications together. The Panel makes no comment on the merits of the applications.