{
 "as_of": "2026-11-06",
 "cmr": "uk-cm-kg/LSE/MACA",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# MAC ALPHA LIMITED (LSE Main Market: MACA) — research page\n\nAs of 2026-11-06 · uk-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is MAC ALPHA LIMITED, listed on the LSE Main Market under ticker MACA, ISIN VGG5869Z1045, LEI 254900LOBYWJWYSAB947. Its security type is Corporate, its segment is SSX4, its sector is Open End and Miscellaneous Investment Vehicles [302050], and its jurisdiction is British Virgin Islands (VG). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 7 filings in the twelve months to 2026-11-06, across 5 filing days. The median gap between filing days is 76.5 days. The latest filing is dated 2026-10-30 and is of type corporate_action, 7 days before the record date. The exchange median is 4 days of cadence gap, 29.0 filings and 3 days of latency across 892 issuers. The sector median is 14 days of cadence gap, 20 filings and 8 days of latency across 31 issuers.\n\n## Auditor\n\nThe auditor of record is Baker Tilly. The location is not on the record. Auditor changes are not on the record.\n\n## Events and halts\n\nThe record does not carry listing, delisting, name change, domicile change or segment move events for this market, as no lifecycle type map is in place for this register. The halt flag is listed, not halted.\n\n## Orderability\n\nFor the elective professional client category, the outcome is not determinable, because the rule states a product scope and the subject's record carries no instrument class to place within it. For the eligible counterparty category, the outcome is not determinable, for the same reason. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1.\n\n## Coverage\n\nNo research houses were found on the issuer's own investor-relations page.\n\n## Open research\n\nNo openly published research notes were found.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe vintage is not sealed for this market, and no issuer years are sealed. The live record began on 2026-09-11. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n10 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (identity.exchange)\n- https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/MACA (identity.isin)\n- https://find-and-update.company-information.service.gov.uk/company/FC043038 (identity.jurisdiction)\n- https://api.gleif.org/api/v1/lei-records/254900LOBYWJWYSAB947 (identity.lei)\n- https://www.londonstockexchange.com/stock/MACA/mac-alpha-limited/company-page (identity.sector)\n- https://mcp.uk-cm-kg.ai/events/LSE/MACA (the disclosure lines)\n- https://marketsecurities.fca.org.uk/officiallist (the halt flag)\n- https://www.marwynvalue.com/~/media/Files/M/Marwyn-Value-IR-V2/financial-reports/marwyn-annual-report-and-fin-stmnts-2025.pdf (the auditor)\n- https://mcp.uk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.uk-cm-kg.ai/record/LSE/MACA (the record)\n",
 "market": "UK",
 "node": "uk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-11",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the UK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "Tavily regex",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.marwynvalue.com/~/media/Files/M/Marwyn-Value-IR-V2/financial-reports/marwyn-annual-report-and-fin-stmnts-2025.pdf",
    "state": "sourced",
    "value": "Baker Tilly"
   },
   "auditor_firm_id": {
    "market": "UK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "UK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "uk-cm-kg/LSE/MACA",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 892,
     "median_cadence_gap_days": 4,
     "median_filings": 29,
     "median_latency_days": 3,
     "name": "LSE Main Market"
    },
    "sector": {
     "issuers": 31,
     "median_cadence_gap_days": 14,
     "median_filings": 20,
     "median_latency_days": 8,
     "name": "Open End and Miscellaneous Investment Vehicles [302050]"
    }
   },
   "by_type": {
    "ch_confirmation_statement": 2,
    "ch_other": 1,
    "corporate_action": 1,
    "financial_statement": 1,
    "regulatory_announcement": 2
   },
   "cadence_median_gap_days": 76.5,
   "filing_days": 5,
   "filings": 7,
   "latency_days": 7,
   "latest": [
    {
     "category": null,
     "date": "2026-10-30",
     "source": "https://www.investegate.co.uk/announcement/rns/mac-alpha-limited-npv-di---maca/total-voting-rights/9849139",
     "title": "Total Voting Rights",
     "type": "corporate_action"
    },
    {
     "category": null,
     "date": "2026-10-27",
     "source": "https://www.investegate.co.uk/announcement/rns/mac-alpha-limited-npv-di---maca/annual-report-fpa-drawdown-warrant-amendment/9844419",
     "title": "Annual Report, FPA Drawdown & Warrant Amendment",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-06-25",
     "source": "https://www.investegate.co.uk/announcement/rns/mac-alpha-limited-npv-di---maca/change-of-director-details-external-appointment/9636204",
     "title": "Change of Director Details & External Appointment",
     "type": "regulatory_announcement"
    },
    {
     "category": null,
     "date": "2026-03-17",
     "source": "https://www.investegate.co.uk/announcement/rns/mac-alpha-limited-npv-di---maca/interim-financial-statements-to-31-december-2025/9478779",
     "title": "Interim Financial Statements to 31 December 2025",
     "type": "regulatory_announcement"
    },
    {
     "category": null,
     "date": "2026-01-23",
     "source": "https://find-and-update.company-information.service.gov.uk/company/FC043038/filing-history/MzUwMTE0MDE3MmFkaXF6a2N4/document?format=pdf&download=0",
     "title": "appointment at registration of person authorised to represent",
     "type": "ch_confirmation_statement"
    }
   ],
   "latest_filing_date": "2026-10-30",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/MACA",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "LSE Main Market"
   },
   "isin": {
    "read_by": "LSE instrument reference record (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/MACA",
    "state": "confirmed",
    "value": "VGG5869Z1045"
   },
   "jurisdiction": {
    "read_by": "Companies House REST API (company profile) (jurisdiction field) · adjudicated by Claude",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://find-and-update.company-information.service.gov.uk/company/FC043038",
    "state": "filled",
    "value": "British Virgin Islands (VG)"
   },
   "lei": {
    "read_by": "GLEIF name-exact",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/254900LOBYWJWYSAB947",
    "state": "filled",
    "value": "254900LOBYWJWYSAB947"
   },
   "name": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "MAC ALPHA LIMITED"
   },
   "sector": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/MACA/mac-alpha-limited/company-page",
    "state": "sourced",
    "value": "Open End and Miscellaneous Investment Vehicles [302050]"
   },
   "security_type": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "SSX4"
   },
   "ticker": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "MACA"
   },
   "website": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/MACA/mac-alpha-limited/company-page",
    "state": "sourced",
    "value": "www.mac-alpha.com"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "UK",
  "node": "uk-cm-kg",
  "numbers_hash": "sha256:f055b02d4d251bbd1f1fd261775f07936c6dc0b7f49b0d19dd206df8c5ded991",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "elective professional client",
    "eligible counterparty"
   ],
   "outcomes": {
    "elective professional client": {
     "determinable": false,
     "reason": "the rule states a product scope and the subject's record carries no instrument class to place within it",
     "signal": null
    },
    "eligible counterparty": {
     "determinable": false,
     "reason": "the rule states a product scope and the subject's record carries no instrument class to place within it",
     "signal": null
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.uk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.uk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/uk/product-governance-fca-prod-sourcebook/r1",
   "section": "uk.aio.v16"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.uk-cm-kg.ai/record/LSE/MACA",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://marketsecurities.fca.org.uk/officiallist",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:f055b02d4d251bbd1f1fd261775f07936c6dc0b7f49b0d19dd206df8c5ded991",
 "path": "/uk/LSE/MACA",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is MAC ALPHA LIMITED, listed on the LSE Main Market under ticker MACA, ISIN VGG5869Z1045, LEI 254900LOBYWJWYSAB947. Its security type is Corporate, its segment is SSX4, its sector is Open End and Miscellaneous Investment Vehicles [302050], and its jurisdiction is British Virgin Islands (VG). Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 7 filings in the twelve months to 2026-11-06, across 5 filing days. The median gap between filing days is 76.5 days. The latest filing is dated 2026-10-30 and is of type corporate_action, 7 days before the record date. The exchange median is 4 days of cadence gap, 29.0 filings and 3 days of latency across 892 issuers. The sector median is 14 days of cadence gap, 20 filings and 8 days of latency across 31 issuers.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Baker Tilly. The location is not on the record. Auditor changes are not on the record.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record does not carry listing, delisting, name change, domicile change or segment move events for this market, as no lifecycle type map is in place for this register. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For the elective professional client category, the outcome is not determinable, because the rule states a product scope and the subject's record carries no instrument class to place within it. For the eligible counterparty category, the outcome is not determinable, for the same reason. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's own investor-relations page.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The vintage is not sealed for this market, and no issuer years are sealed. The live record began on 2026-09-11. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "10 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer"
  },
  {
   "for": "identity.isin",
   "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/MACA"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://find-and-update.company-information.service.gov.uk/company/FC043038"
  },
  {
   "for": "identity.lei",
   "source": "https://api.gleif.org/api/v1/lei-records/254900LOBYWJWYSAB947"
  },
  {
   "for": "identity.sector",
   "source": "https://www.londonstockexchange.com/stock/MACA/mac-alpha-limited/company-page"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/MACA"
  },
  {
   "for": "the halt flag",
   "source": "https://marketsecurities.fca.org.uk/officiallist"
  },
  {
   "for": "the auditor",
   "source": "https://www.marwynvalue.com/~/media/Files/M/Marwyn-Value-IR-V2/financial-reports/marwyn-annual-report-and-fin-stmnts-2025.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.uk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.uk-cm-kg.ai/record/LSE/MACA"
  }
 ],
 "title": "MAC ALPHA LIMITED (MACA) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}