bosley
- 20 Feb 2004 09:34
garyble
- 13 Nov 2006 15:24
- 22311 of 27111
Tony,
Would be a minimum of 17 Institutions & PIs if no other RNSs are required.
StarFrog
- 13 Nov 2006 15:29
- 22312 of 27111
Tony - not too sure, but I think a change to notifiable holdings must be made within 7 days. Somebody wiser than me out there could probably put us straight.
Tonyrelaxes
- 13 Nov 2006 15:47
- 22313 of 27111
Gary & Star - Thanks
Seems an unlikely high number - more announcements probably due then.
patel04
- 13 Nov 2006 16:18
- 22314 of 27111
how long wait for RNS
jaguar121
- 13 Nov 2006 16:23
- 22315 of 27111
Sky News ,
right now the environmental minister is talking about the packaging problem
StarFrog
- 13 Nov 2006 16:37
- 22316 of 27111
Tony - not necessarily. I think (again somebody could put us straight) that if an investor already holds more than 3% and increases that holding to (say) 4%, then they are under no obligation to inform the company and therefore no RNS is issued. The criteria is simply if the increase/decrease crosses the magic 3% threshold.
greekman
- 13 Nov 2006 17:03
- 22317 of 27111
Starfrog,
Re the holding 3% and then increasing holdings. No notification required.
But can put out info if sufficient increase to effect the shares sp.
CLPerry
- 13 Nov 2006 17:43
- 22319 of 27111
Any comments on the buy of 27,764,721 shares @ 1.86p at 17:10 surely an RNS must follow this purchase.
Colin a long time holder and avid reader of this very informative thread
pinnacle
- 13 Nov 2006 17:49
- 22320 of 27111
The 27m plus is I believe a sell and matches the one earlier this morning.
This is why the price is lower.
Someone has made a fast profit!
ALCHEMY
- 13 Nov 2006 18:02
- 22323 of 27111
Driver, what is a X trade? could you explain please.
stockdog
- 13 Nov 2006 18:53
- 22324 of 27111
willing buyer/willing seller matched off market so no risk to broker who does it for an undisclosed fee (zero?) charged to one of them not in the price - e.g. a fund wants to sell its holding to a sister fund; a husband to a wife to balance their portfolios/tax situation etc.
at least, that's what I understrand. others can coorect me if I'm wrong.
explosive
- 13 Nov 2006 19:23
- 22325 of 27111
Nice to see an upturn in the sp. May the board keep quiet whilst were heading in the right direction.
Tonyrelaxes
- 14 Nov 2006 06:55
- 22326 of 27111
Back to Notifiable Holdings...
Irrespective of those Instittutions taking up the Firm Placing, there should be more RNSs following the Refunding because 3 of the holders listed in the Prospectus would now have dropped below 3% - even taking up their full entitlements.
greekman
- 14 Nov 2006 07:16
- 22327 of 27111
Tony,
Unless they have purchased more via the open market.
As no RNS I think that is most likely.
Tonyrelaxes
- 14 Nov 2006 07:29
- 22328 of 27111
greekman
For Fidelity perhaps but LR Nominees and TDWaterhouse Nominees were not their own shares but us PIs - and we were not able to partake in the Firm Placing.
greekman
- 14 Nov 2006 07:30
- 22329 of 27111
As we all know, articles such as the 2 below are telling us nothing new,BUT they do show that it is not just continual pressure being put on the supermarkets, it shows that this pressure is intensifying. All parties know that the green issue is there to win customers (supermarkets) and votes (politicians).
http://environment.guardian.co.uk/waste/story/0,,1947184,00.html?gusrc=rss&feed=1
Too much packaging? Dump it at checkout, urges minister
Shoppers were urged yesterday to take direct action to force supermarkets to cut the excessive and wasteful packaging that goes direct from the shop shelf to the household bin. The environment minister Ben Bradshaw advised food shoppers to leave excessive wrapping at the tills and to report the stores to trading standards in an attempt to cut the amount of unnecessary plastic sent to landfill sites.
http://www.inthenews.co.uk/money/news/buisness/supermarkets-urged-cut-waste-$457569.htm
The government has warned the UK's supermarkets that they must do more to reduce the amount of waste that is generated from "unnecessary and excessive packaging".
Following a meeting with the country's top grocery chains today,local environment minister Ben Bradshaw said that while efforts by retailers to reduce waste were welcome, further action was needed to encourage consumers to follow their lead.
greekman
- 14 Nov 2006 07:38
- 22330 of 27111
Tony,
Sorry but I don't understand what that has to do with the less than 3% issue.
Those that did take up the placing ( as you say not us PI's ) could have increased their holdings via a normal open market purchase, so even allowing for dilution could with the increase purchases remain plus 3%.
As I understand it shares held via nominee accounts do not have to declare their holdings amount. So no RNS required from either LR Nominees and TDWaterhouse Nominees accounts.