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

Auto - here's one to suit your temperament perhaps. "He who throws mud loses ground."

bhunt1910
No, best i stay away

If you lot are interested

Wal Marts packaging strategy went live today. Details here.

5% globaly on packaging by 2013 counts WM out of decent first orders. Lets hope the burger packaging has more sucess than greenseals looking upto be.

You just beat me to it Alan! Interesting read. From previous release:-

On February 1, 2007, tools and processes will be made available to all of the company's global suppliers. For 12 months, these suppliers will learn and share results within this process. And beginning in 2008, Wal-Mart will measure and recognize the entire worldwide supply base for using less packaging, utilizing more effective materials in packaging, and sourcing these materials more efficiently through a packaging scorecard.

A step nearer?
kim

I think Wal-Mart have the going live date of the website www.marketgate.com/packaging wrong, I believe it is on the 10th. Stanelco had better be one of the suppliers mentioned on the site!
kim

The figures are interesting.
% available for renewable, reduced energy consumption, reduced packaging and reduced waste are all pluses for SEO and the Micro Manufacturing units make sense in the light of the % available for reduced transportation.
Alan

I agree with that Alan. I have listened to the Q & A session; Wal-Mart are certainly putting a high value on local production of materials so the Micro units do fit in nicely. What is also apparent is that if, as we feel sure they will, SEO are to be involved with WM then they will very much have to keep on their toes to ward off competition.
kim

Last chance to accept the 3:5 Open Offer in just under an hour.

I suppose the lack of posts this morning is everyone rushing to Beckenham !

..and then having lunch together?

Talking of lunch anyone know how many of us will be at the EGM.Tony were you compiling a list?

You, me, Baz & Oily. Should be a very quiet EGM !

Actually I would be surprised not to see others I know but who probably prefer not to announce being there - or being associated with us!

Anyone else going and would like to join us for a post mortem drink or lunch?
Let me know your code name (here or tonyrelaxes@hotmail.com ) and there will be name labels for recognition afterwards.

I did ask PM if he was going to attend but he said he was "far to busy at verk",so there we go.

Mad Pad

You have an e-mail arriving very soon.

The oily one

Oily reply sent .I'm off out so if you have anything to say I will pick it up later.

Can't make the EGM due to work commitments and distance, but hope all those attending have a good day. Looking forward to reading the posts from those who are attending.

Stanelco PLC
02 November 2006



NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR
JAPAN.



OPEN OFFER RESULT



2 November 2006



Stanelco plc ('Stanelco' or the 'Company')



On 9 October 2006, Stanelco announced details of a proposed Firm Placing of
1,375,000,000 New Ordinary Shares and Open Offer of 600,992,559 New Ordinary
Shares at 0.8 pence per New Ordinary Share, of which 148,278,000 New Ordinary
Shares were being placed subject to clawback to satisfy valid acceptances under
the Open Offer.



The Open Offer has now closed in accordance with its terms. The Board of
Stanelco announces that valid acceptances under the Open Offer have been
received from Qualifying Shareholders in respect of 461,869,833 Open Offer
Shares. This represents approximately 76.85 per cent. of the Open Offer Shares
offered pursuant to the Open Offer.



As a result of the acceptances received under the Open Offer, the balance of
139,121,895 Open Offer Shares, representing 93.83 per cent. of the 148,278,000
New Ordinary Shares placed subject to clawback, have been allocated to the
institutional investors with whom they had been conditionally placed.



The Firm Placing, Placing and Open Offer remain conditional upon the passing of
the Resolutions at the Extraordinary General Meeting to be held at 11.00am on 6
November 2006 and upon Admission.



The final time and date for receipt of Forms of Proxy in relation to the
Extraordinary General Meeting is 11.00 a.m. on 4 November 2006. Completion and
return of a Form of Proxy will not preclude Shareholders from attending and
voting in person at the Extraordinary General Meeting.


It is expected that Admission will occur no later than 8.00 a.m. on 7 November
2006 or such later date as Teather & Greenwood Limited and Stanelco may agree.

For further information please contact:

Stanelco plc
Martin Wagner, Chief Executive
Sylvia Leavey, Investor Relations
Tel: 44 (0) 2380 867 100

Press: Financial Dynamics
Jonathon Brill/Billy Clegg
Tel: 44 (0) 20 7831 3113

This announcement is for information only and does not constitute an offer or
invitation to acquire or dispose of any securities or investment advice in any
jurisdiction.

Past performance is no guide to future performance and persons needing advice
should consult an independent financial advisor.

The information contained in this announcement is not for release, publication
or distribution, directly or indirectly, to persons in the United States,
Canada, Australia, Japan or the Republic of South Africa. This announcement is
not an offer of securities for sale into the United States. The New Ordinary
Shares have not and will not be registered under the US Securities Act of 1933,
as amended and may not be offered or sold directly or indirectly, in the United
States absent registration or an exemption from registration. There will be no
public offering of securities in the United States. The New Ordinary Shares have
not and will not be registered with any regulatory authority of any state within
the United States.

Teather & Greenwood Limited, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting exclusively for the
Company as sponsor, financial adviser and stockbroker in relation to the Issue
and no-one else in connection with the arrangements described in this
announcement and will not be responsible to anyone other than the Company for
providing the protections afforded to customers of Teather & Greenwood or for
advising any other person in connection with the arrangements described in this
announcement.

This announcement has been issued by Stanelco and is the sole responsibility of
Stanelco.

Defined terms used in this announcement are as used in the prospectus of
Stanelco dated 12 October 2006, which may be inspected at the UKLA's document
viewing facility situated at the Financial Services Authority, 25 The North
Colonnade, Canary Wharf, London E14 5HS.




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


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Investegate reserves the right to publish a filtered set of announcements. NAV, Rule 8 and FRN Variable Rate Fix announcements are filtered from this site.

Result of Open Offer:

Nearly 77% has been taken up.

Remainder taken by institutions equivalent to nearly 94% of original allocation.

By my calculations, there is a discrepancy of 831 shares but this will doubtless come out in the wash.

Anyone entitled to 831 shares - or been given 831 too many ?

Alfa.

So they just squeaked home with about 10m shares of the open offer spare not required to be placed. Hardly a resounding success, but fair enough in the circs of a good many PI's being roundy PIssed off with SEO.

Anyway the full 15.8m raised, so we can now proceed to contract on all those mystery loi's - or should I say lol's?

stockdog - Don't forget that costs are 1.4M so max of 14.4M is available.