CUCKOO LINE

Seems a long 10-15 days , assume its the slow boat from China?

Some of us bought Bluebell because we actually wanted it, wasn't aware and don't really care that it shot up and down in value!

P class 178 did at least one test run with a nameboard Nettle attached.

According to rapido website 137 official retailers including several box shifters

Snap from Derails, seem they have sold a lot and are going to be busy !

Don't knock it , if it gets a youngster into model railways surely that is good, better taste will evolve as they get more involved.

Now if you can do a diecast cast in orange material I guess you might want a patent !

Just need a special train working to visit from the South!

Shouldn't they have been like the old Triang exploding wagon ?!!!

I,m still waiting for that LBSCR K in BR scheme

Bourbon biscuits with mine ! Can we nominate Derails for next years retailer of the year ? Around here Royal Mail seem to deliver their parcels even when nothing else arrives or is delivered, they most have a magic way with RM.

A £300 M revenue company, in a somewhat different league and I also believe still expanding.

Agreed it works ,it was the functionality I was questioning which seems retrograde from thier previous site

Anyone tried using this ? I am struggling to navigate it, seems a retrograde step to me. Can,t seem to find the filters like the old site.

Looks more like he thought time for another challenge, doesn't seem to stay anywhere more than 5 years, possibly not unreasonable for such a role as easy to get into a rut and creative things to do in a particular role.

I think you will find he still has significant power. He is Chairman and oversees the implementation of strategy and direction. Executive means they are responsible for the nitty gritty day to day running but they are responsible to the board and operate within the boundaries set by the board.

Unless there is somebody out there who has or knows where to find the drawings !

But if you make a good impression at a company thevsize of Hornby and have some good achievements to add to your cv then opportunities will open up. GoodbwishesvMontana and all you,ve done at Hornby, maybe we,ll see you back in a more senior role someday.

RNS Number : 3280F Hornby PLC 07 July 2023 7 July 2023 Acquisition of a Minority Interest In Warlord and Extension of Loan Facility Hornby Plc, the international models and collectibles Group, is pleased to announce that it has acquired a 25% share in Warlord Games Limited ("Warlord"), based in Nottingham, for cash consideration of £1.25 million. Hornby has the option to acquire a majority stake in Warlord on or around the second anniversary of this initial acquisition and then to acquire any remaining shares in Warlord on future anniversaries. Warlord was founded in 2007 by two former Games Workshop employees and is now one of the world's leading producers of principally historical tabletop wargames, miniatures and accessories. Warlord hold the licences to produce games and miniatures for the much-loved TV series, Dad's Army and the galaxy's greatest comic, 2000 AD. Warlord manufactures primarily in the UK and sells to over 600 distributors and stores around the world via their sales teams in the UK, Europe and the Americas. Warlord also operates a successful direct-to-consumer operation via their website: https://warlordgames.com. Warlord will continue to be managed by its existing Directors and the Company believes that this transaction creates a number of opportunities to accelerate growth of the business further still. Olly Raeburn, CEO of Hornby, said, 'We are absolutely delighted to be able to join forces with Warlord Games, whose business we have always admired. We very much look forward to working with the team there to maximise the potential of the business and use their significant experience and expertise for the benefit of the wider Group.' John Stallard, CEO and founder of Warlord, said, 'We are very much looking forward to working closely with Hornby as we have been big fans for many years. We see this as a huge opportunity to continue to build Warlord long into the future, as well as to contribute in any way we can to the future success of Hornby and its stable of iconic brands as there are innumerable opportunities and synergies in sales, marketing and production.' The acquisition is being funded by an increase in the Phoenix loan as detailed below. Loan Facility Phoenix UK Fund Limited, the Company's subordinated lender, has agreed an extension to the term and the amount of its existing secured credit facility (the "Facility"). The Facility is being extended from £9 million to £11.25 million and the term extended by 12 months to 31 December 2024. Other than the extension to the loan term and amount, the terms of the Facility remain unchanged. All advances made under the Facility become due and payable in December 2024 with interest charged at 5 per cent. plus SONIA on funds drawn and the higher of 1 per cent. or SONIA on undrawn funds. The Company will have the option to draw down on these funds to capitalise on the positive momentum in the business and increase investment in our future development plans. In addition, the extension is in order to fund the acquisition of Warlord as set out above. Related Party Transaction Phoenix Asset Management Partners Limited ("PAMP") is interested in 121,662,481 ordinary shares of 1 pence each in the Company, representing 71.63 per cent. of the issued share capital of Hornby. Given that PAMP manages Phoenix UK Fund Limited, a substantial shareholder in the Company, the extension of the Facility is a related party transaction pursuant to Rule 13 of the AIM Rules for Companies. The Independent Directors consider, having consulted with Liberum Capital Limited, the Company's nominated adviser, that the extension to the size and term of the facility is fair and reasonable insofar as the Company's shareholders are concerned. -ends- Enquiries: Hornby plc Olly Raeburn, CEO 01843 233 500 Kirstie Gould, CFO Liberum Capital Limited, Nominated Advisor and Broker Andrew Godber 020 3100 2222 Edward Thomas This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END ACQNKOBPABKKQOK

Bluebell stock some model railway stuff in the Sheffield Park shop

It never had a brilliant selection, aimed more at the remainder stock to sell off, although it was starting to sell a wider selection towards the end.

About half the lost was Corgi goodwill impairment (2.9 million). Any ideas what this is about ?

So no AI Clever to replace Design Clever then !

Website says they are closed today, back tomorrow

But you could have Lion visiting at any time from the 30s for a special function !