for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

As much as many here (including myself on present information) would resist a T/o I doubt if we have any influence. It will depend on AgeoR, although diluted, and whoever bought up the 1,375,000,000 shares within the Firm placing alread paid for.

What if one Institution took the lot, 46% of the new total - Calyon? - they would not have to declare it until after the shares are Issued (EGM).

It would be interesting to know who bought the Firm Placing - and AoR's intentions but we would not get to know these for the timebeing.

I wouldn't support a takeover either but we do need a new Board of Directors for this company.

that's for sure.............

I dont think the institutions would be supporting this Rights Issue if that wasnt happening.....

Certainly HW's role seems diminished - especially as the USA office appears not to be functioning.
Also no mention of Stephanie Morgan-Fisher in the Prospectus (unlike the BioTec Acquisition document) so presumably she, and her Share Options, no longer figure.

Halifax have finally pulled their finger out, and I'm in.
Alan

hewittalan6
Post or Email.

Did it on line in the corporate actions section of my account.
Alan

Patisear,

I posted yesterday. The Halifax sent out and e-mail notification of the corporate action. You must log onto their website and look it up in you "manage account" section.

hewittalan6/garyble
Thanks.
I got mine Tues. 00;04 am.
I was just wondering if there was a problem.

Nat Wests' arrived in post yesterday.(From ISA office)

Jarvis Brokers info just arrived. Applications by post only.

Odd thing,
A (large) tranche of shares I bought on 09/10/2006 have been included in my offer!!
I thought the record date was 06/10/2006.
Not complaining, you understand, just puzzled.
Alan

Alan - You may have missed my posting of several days ago.

The Record Date was end of 6th October 2006.

The Ex(cluded from)-entitlement date was 10th October 2006.

The Record Date is simply the date that the registrars use to check their lists and notify folks who are not going to be notified by their brokers.

The Ex-Date is always set a couple of days later and means that any shares bought from that date onwards are not qualifying holdings.

Thus, any shares held at close of business on 9th October 2006 qualify for the Open Offer entitlement.

Hope this helps.

Alfa.

Thanks for that Alfa.
understanding simple things has never been my strong point, ask anybody!!
Alan

Alfa/Alan I bought 25k on the 10th, just before the RNS, they have been included in my entitlement; I sold them on the 16th Ex Rights. Just thought I'd throw that in to confuse you further!!
kim

Just to confirm Halifax accounts; click on manage account, follow the links; dead easy. I'm in.

been told its going sub 1p again...

WHO -GOD???

kim - I would be truly astounded if that were the case - but pleased for you nonetheless.

May I suggest you check the date of your trade.

The RNS was actually released on the 9th October, providing an opportunity to purchase as many qualifying shares as you liked up to the close of business on that date - if you were aware (and I certainly wasn't).

The prospectus clearly states that the Ex-Date is the 10th October, i.e. only shares held prior to that date were qualifying shares.

Curious.

Alfa.