Nice work Jeremy. Very compelling and extremely well articulated letter and arguments exposing the self-interested actions of a majority shareholder, and those of his cronies and associates who are hoping to maintain their present advantages by currying favor in supporting those actions. Thanks for the research and work this took.
haha thanks Jehu. it doesnt have to be sophisticated. a simple expression of disgust, along with maybe one or two basic reasons, and saying you will not tender your shares, shoudl be sufficient. if you are able, i would counsel everyone to send physical letters as well, not just emails. they are much harder to ignore…
i looked into this but that costs $8.5k given the length of the appendix. i am not really looking to spend that kind of money when I can get it distributed fairly easily through other means (Twitter, etc)
As a Dutchman and the owner of 724 shares Hunter Douglas, I am ashamed of this public display of greed by a fellow Dutchman.
Sometimes it is not only about what is lawfully possible but also what is right. The Sonnenberg’s have lost the ability to distinguish between both.
I am a long term holder of 400 sh of Hunter Douglas NV and I support your position 100%. As a small minority holder I greatly appreciate your standing up in opposition to this tender offer. Be assured that I refuse to tender my shares at this grossly inadequate offer. Please continue to fight for our rights as minority shareholders and maybe Mr Sonnenberg will be thwarted in this blatantly unfair action. Minority shareholders: Stand up and be counted!
Great letter. This is one of th emost outrageous corporation actions I have ever seen. Please share the email or snail mail addresses of the people at the company who should get a letter from me.
Jonathan – many thanks for your support. Please write to the CFO, Leen Reijtenbagh, at the following email, asking to confirm receipt and forward email/letter onwards to the independent committee of the BoD. You can also (if you wish) send a physical letter (as I did) to the below address. thanks!
Nicely written, Jeremy. I can only imagine how much time, effort, and research went into this. Good luck!
thanks Sahba…yes it took quite a while!
Thank you, Jeremy. I will also be sending my own letter as you have suggested.
awesome thanks Chris!
I will be sending one too. Thank you Jeremy.
sounds great thanks jehu
Nice work Jeremy. Very compelling and extremely well articulated letter and arguments exposing the self-interested actions of a majority shareholder, and those of his cronies and associates who are hoping to maintain their present advantages by currying favor in supporting those actions. Thanks for the research and work this took.
thank you Doug – it certainly took quite a bit of time putting together! let’s hope it has a positive impact for us all…
Thanks Jeremy. I will borrow liberally from this when drafting my own letter.
please do! thank you
Notif
Hi Jeremy, how sophisticated our letter should be? in one hundred years I would not manage to produce something even similar to yours..
haha thanks Jehu. it doesnt have to be sophisticated. a simple expression of disgust, along with maybe one or two basic reasons, and saying you will not tender your shares, shoudl be sufficient. if you are able, i would counsel everyone to send physical letters as well, not just emails. they are much harder to ignore…
Sometimes you do things Jeremy and I just have this urge to stand up and start clapping, even if I read it when I’m in the local bodega
haha thanks man. take a video next time, i wanna see you losing it in the bodega!!
Jeremy, do you see any hidden risk in this class of preferred shares? Thank you
no
no i dont think so
Would recommend sending to wire services (businesswire, prn) if you haven’t already, more likely to be picked up by FT/WSJ and other mainstream news
Have a sizable stake in this as well – r
i looked into this but that costs $8.5k given the length of the appendix. i am not really looking to spend that kind of money when I can get it distributed fairly easily through other means (Twitter, etc)
yes, this will cost $8k to publish as a PR newswire so Idecided not to fork out that kind of outlay at this stage
Jeremy,
Great letter. Just penned a quick email to the CFO to add to the “weight” of correspondence hitting the management team.
Thanks again.
thanks Steve – much appreciated. let’s all get the right outcome together here!
great, thanks Steve. much appreciate the support!
Got a pretty swift reply…
Thank you for your e-mail. We will forward this to the Board/Independent Committee.
As a Dutchman and the owner of 724 shares Hunter Douglas, I am ashamed of this public display of greed by a fellow Dutchman.
Sometimes it is not only about what is lawfully possible but also what is right. The Sonnenberg’s have lost the ability to distinguish between both.
dear Bart – thank you for your perspective. i totally agree. hopefully justice can be done in this case.
Great letter Jeremy. I sent one a few days back too. Hopefully a positive outcome will materialize for all of us!
great to hear – thanks for following up!
Dear Mr. Raper:
I am a long term holder of 400 sh of Hunter Douglas NV and I support your position 100%. As a small minority holder I greatly appreciate your standing up in opposition to this tender offer. Be assured that I refuse to tender my shares at this grossly inadequate offer. Please continue to fight for our rights as minority shareholders and maybe Mr Sonnenberg will be thwarted in this blatantly unfair action. Minority shareholders: Stand up and be counted!
thank you for your note Chris. Let’s keep fighting the good fight!
Great letter. This is one of th emost outrageous corporation actions I have ever seen. Please share the email or snail mail addresses of the people at the company who should get a letter from me.
Jonathan – many thanks for your support. Please write to the CFO, Leen Reijtenbagh, at the following email, asking to confirm receipt and forward email/letter onwards to the independent committee of the BoD. You can also (if you wish) send a physical letter (as I did) to the below address. thanks!
l.reijtenbagh@hdnv.nl
HUNTER DOUGLAS EUROPE
Piekstraat 2
3071 EL Rotterdam
Netherlands