INVESTOR WARNING - DAVICTUS PLC ... ( DVT )

Another newly listed acquisition company that was originally in the hands of Shailen Gajera and Roslina Binti Ibrahim. Davictus PLC listing prospectus - click here

Roslina Binti Ibrahim is involved again.  She was a director of Davictus PLC from the day of its incorporation on the 5th Feb 2015 and guess what she resigns on the 19th Jan 2016, just 10 days before the company gets its listing on the London Stock Exchange.

Shailen Popatla aka Shailen Gajera is back too - Shailen is the original founder and majority shareholder of Davictus PLC. 

"On 8 June 2015, the existing Ordinary Shares were transferred by Minerva Nominees Limited and Minerva Services Limited, and 1,249,998 new Ordinary Shares were issued and allotted, to Shailen Popatlal as consideration for an investment of £125,000 in the Company."

"On 20 October 2015, the Company carried out a capital reduction that reduced its stated capital account by £2.00 by special resolution of the sole Shareholder at that time, in accordance with the Companies Law, with the funds being returned to Shailen Popatlal, as the sole Shareholder at that time, in cash."

"On 8 December 2015 a single Ordinary Share was transferred by Shailen Popatlal to Minerva Nominees Limited. The 1,250,000 Ordinary Shares held by Shailen Popatlal and Minerva Nominees Limited were subsequently transferred (in two transfers, one by Shailen Popatlal and one by Minerva Nominees Limited) to Robert Pincock for a consideration of £125,000 on 19 January 2016 and 26 January 2016. As a result of these transfers 1,250,000 Ordinary Shares are owned by Robert Pincock as at the date of this Document."

Quotes are from the listing prospectus.

So, the company is now owned by Robert Logan Pincock and if you think that name sounds familiar then you would be right.  It looks like Robert Logan Pincock is the younger sibling of Mark Logan Pincock who is the current CEO of ARIES TELECOMS PLC along with CO.Director Roslina Binti Ibrahim.

Final point to note, the Head Office for Davictus PLC is located at Paneagle Holdings Berhad which is owned by Zulizman Zainal Abidin and again he too is named in all the legal proceedings for fraud against the shareholders of Vasseti Zavarco PLC. Zulizman is also the professed owner of ARIES TELECOMS.

"On 11 January 2016, the Company entered into an agreement with Paneagle Holdings Berhad (“Paneagle”) pursuant to which Paneagle has agreed to lease commercial and office space to the Company for a period of one year from the date of the agreement."

Quote are from the listing prospectus.


Again Investors ...

BE WARNED !!!