Hi all,

The directors, Maria and Rainer had a conference call with Stephen Edge yesterday to clarify the possible next steps to make it possible for UCOL shareholders to get mortgages to settle their unit purchases.

Attached are notes of that meeting.

You are invited to 25 Pacific St on Monday 21 December at 7,30pm, particularly if you are in this position personally, to discuss what has been happening, to share the information people have gathered from their various sources, particularly with banks, and to think about how we work through this. Earlier on Monday, at 2pm,there will be a meeting with Simon Milne, from McMillan & Co

There will not be any formal decisions made on Monday night - for that we need a full shareholders meeting with adequate notice, etc.

I will set up Zoom for those who cannot be present but would be able to Zoom in. 

Let me know if you will be coming in person, or if you want to Zoom.

Anne