Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.
  • Page:
  • 1
  • 2

Meriden-What's happening (MRD)     

GEOFFREY.R - 29 Apr 2004 21:07

What is happening with Meriden. There are over 7 million buys today ?

moneyman - 10 Jul 2007 18:40 - 12 of 39

Good to see we took a few sellers today and that the price firmed even more towards the end of the day.Maybe our buyer is still in the market as at close they were bidding .14 for upto 5M shares.

Great day and may well continue tomorrow.

Active - 13 Aug 2007 18:57 - 13 of 39

5,479,166 buy at 0.18 pence today!!!! Someone spent 10K on acquiring nearly 6 million shares at 0.18 pence!!! Screen prices closed at 0.10-0.13 pence. I would have thought the screen prices will surpass that in the coming days. Someone has picked up a v.large stake in MRD today!

Active - 13 Aug 2007 18:57 - 14 of 39

http://www.meriden-group.co.uk

Active - 14 Aug 2007 18:52 - 15 of 39

Little tick up on the bid but can only buy 250K online at 0.13p. Not many took note of the 600K odd buy at a premium of 0.15 pence today.

Active - 15 Aug 2007 17:46 - 16 of 39

A 656,700 buy went through at a premium again of 0.15 pence towards close against the screen offer price of 0.13 pence.

Active - 16 Aug 2007 19:05 - 17 of 39


Meriden Dir Change/Subs S'holder


RNS Number:2520C
Meriden Group PLC
16 August 2007


Meriden Group Plc

('Meriden' or 'the Company')

New directors appointment and substantial shareholder

Meriden is pleased to announce the appointment of Richard Charles Payne and
Stephen Howard Black as directors with immediate effect. The Company also
announces that Russell Stevens, the current sole director of the Company, has
resigned with immediate effect in order to pursue other business interests. The
new directors would like to thank Russell for his contribution to the Company
and wish him every success in the future.

The new directors will be looking to implement the Investing Strategy as
detailed in the circular sent to shareholders on the 30 April 2007 with the
resolutions being duly passed at the AGM held on the 8th June 2007.

Richard, aged 46 is a Chartered Certified Accountant and corporate finance
director at Bennett Brooks & Co Limited, Chartered Accountants and Management
Consultants. Richard brings with him over 25 years of business experience with
over 12 years spent in the corporate finance arena.

Stephen, aged 49 is principal of Stephen Black Solicitors a niche corporate law
firm. Stephen brings over 24 years corporate legal experience acting for both
public and private companies.

Richard Payne is a director of Bennett Brooks & Co Limited and Bennett Brooks
Company Secretarial Services Limited and, in the last five years, was a director
of Bennett Brooks & Co (North Wales) Limited.

Stephen Black is a director of SKB Nominees Limited, CSB Nominees Limited,
Hurstdale Services Limited and LAR Eastern Limited. In the past five years,
solely in the capacity of establishing companies for the clients of his legal
practice, Stephen was a director of Danay Limited, V3 PVT Limited, Technology
and Evolution Limited, Carton Craft (Holdings) Limited, Dunham Scaffolding
Limited, Bokent Limited, AMB Holdings Limited, The Coaching Bureau Limited, Cool
Gifts for Kids Limited, Sacha Corporation Limited and Biltoneton Limited.

Richard Payne holds 150,000 ordinary shares in the Company (with an equal amount
of voting rights).

There are no further disclosures required pursuant to schedule 2 (g) of the AIM
Rules.

Meriden has also been advised that European Commercial Trust Limited ("ECTL")
holds 84,500,000 ordinary shares in the Company (with an equal amount of voting
rights) which represents 24.5 per cent of the issued share capital of Meriden.
These shares have been acquired from Russell Stevens who, following the sale of
84,500,000 shares to ECTL, no longer holds any ordinary shares in the Company.

In addition, Mr John Fitzgerald, a director of ECTL, holds 10,000,000 ordinary
shares in Meriden on trust for ECTL. Accordingly, ECTL is interested in a total
of 94,500,000 ordinary shares in Meriden, representing 27.4 per cent. of the
issued share capital of Meriden.

Meriden also announces that its registered office has been changed to St Georges
Court, Winnington Avenue, Northwich, Cheshire CW8 4EE.

For further information, please contact:

Richard Payne, Executive Director Tel 01606 721300

Jonathan Wright, Seymour Pierce Tel 0207 1068000




This information is provided by RNS
The company news service from the London Stock Exchange

END

Active - 16 Aug 2007 19:05 - 18 of 39

LONDON (Thomson Financial) - Meriden Group PLC said chairman Russell Stevens
has resigned effective immediately to pursue other business interests.

TFN.newsdesk@thomson.com
ash/slj

COPYRIGHT

Active - 16 Aug 2007 19:05 - 19 of 39

Could not even buy 100 quids worth of shares in the afternoon. IMO strong rises are on their way on today's news!

Active - 17 Aug 2007 19:19 - 20 of 39

Another nice little rise today but the real offer price is 0.16 pence for a decent quantity. Had some buys come through at 0.16p against the screen offer price of 0.14 pence. Slowly reaching the price of 0.18p where someone picked up 5.80 million shares on Monday! The explosive rises IMO are just round the corner!

Active - 18 Aug 2007 12:44 - 21 of 39

New management details being updated on Website:

http://www.meriden-group.co.uk/team.php

Active - 18 Aug 2007 18:59 - 22 of 39

1. New management have taken taken over
2. They have acquired a v.sizeable holding by buying in the market and buying Mr Russell Steven's holding
3. A target must have been identified by the new management for them to acquire and use the AIM listing
4. Someone sniffing around for more shares - 5,479,166 buy at 0.18 pence on Monday - that was a massive premium as the screen offer price was 0.11 pence on that day.
5. Market Makers very reluctant to sell any stock at all at current screen offer prices - charging 0.16 pence for anything over 50,000 shares.
6. IMO, Mr Crosby did v.much the same with NCS and soon after a reverse takeover was announced. If such developments happen here then these could go bezerk to the 1-2 pence levels.

Active - 19 Aug 2007 20:46 - 23 of 39

There was alot of interest in the AIM listing which was mentioned in the Final Results announcement in March. That has now materialised with the new management taking over. Next stop is a new business through a reverse takeover to be announced!

'Having reviewed the potential opportunities for the remaining listed shell of Meriden Group Plc I have been actively searching for businesses which will relaunch the Company as a broad based business services group. I am hopeful that my discussions will be successful having had a significant amount of positive feedback from these. Should suitable opportunities be found then this will enable the Company to continue into the foreseeable future and hopefully provide an increase in value for shareholders, having seen the investment values
dramatically drop over the last 18 months'.

Active - 20 Aug 2007 10:15 - 24 of 39

500,000 buy has come through at 0.17 pence from an hour ago. A big premium to the displayed offer of 0.14 pence.

Active - 20 Aug 2007 14:52 - 25 of 39

0.12-0.15 pence, L2 is positive at 4 v 3.

Active - 20 Aug 2007 19:42 - 26 of 39

Level 2 closed at 4 v 3. There might be 3 market makers on the 0.15p offer but they don't want to sell at that price, et al the 500,000 buy at 0.17 pence today. The price is getting like a coiled spring and IMO there is some strong activity coming.

Active - 21 Aug 2007 09:05 - 27 of 39

500,000 buy has come through at 0.17 pence from before open.

0.15-0.17 pence, Level 2 is 2 v 1. Looks like its finally about to start rising heavily!

Active - 21 Aug 2007 11:12 - 28 of 39

0.16-0.18 pence. Level 2 has improved and is 2 v 2 now. WINS have joined HOOD on the bid. A delayed buy has come through for 200,000 shares at 0.19p - premium again!

Active - 21 Aug 2007 15:24 - 29 of 39

125K buy has come through at 0.20 pence from an hour ago. Premium for 125k! Further tick-ups!

sned - 21 Aug 2007 15:27 - 30 of 39

is the spread likely to thin? been watching for it but no luck ....

Active - 21 Aug 2007 16:02 - 31 of 39

L2 improved again and is 1 v 1 now. 0.18-0.19p. V.tight spread now!
  • Page:
  • 1
  • 2
Register now or login to post to this thread.