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Old 29th Jun 2013, 10:03
  #2702 (permalink)  
Beafer
 
Join Date: Jan 2013
Location: UK
Age: 73
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Dilution notice details - who was on the board?

So lets get this right,
Peel airports who have all of these head councillors on their board of directors at DTVA, gave the same councils a dilution notice in 2011 stating that if the same councillors didnt give Peel more millions, Peel would then take shares off the councils! (Public) which happened.

Something sounds very wrong about these deals and demands. It looks like Peel are benefitting to the tune of many millions, and the public are losing out.

Bob Cook leader of Stockton council is also listed as a director and they are the lead council who deal with Peel.

A Darlington council spokesman at the time of this press article stated "we do not intend to recomend to invest" (which meant they would hand over shares to Peel)
Fears for future of Durham Tees Valley Airport - Gazette Live

Someone is getting very rich out of all of this and the airport valuable land which the councils (public) USED to own just over ten years ago is now nearly all owned by Peel.

£4.3m demanded by Peel or give us your shares (2011)
Peel serve councils ‘dilution notice’ on Durham Tees Valley Airport : Durham Tees Valley Airport News Stories

From what I can see it was all with the help of councillors who are also directors on the board of Peel at DTV.

I think the police need to look at this case as you can not serve 2 masters.
Forget watergate, its going to be DTVGATE.
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