bosley
- 20 Feb 2004 09:34
kimoldfield
- 14 Nov 2006 16:07
- 22343 of 27111
Notifiable Interest
The Company has received notification in a letter dated 13 November 2006 that
FMR Corp, parent holding company of Fidelity Management & Research Company
(FMRCO), Fidelity Management Trust Company (FMTC) and Fidelity International
Limited (FIL) and its direct and indirect subsidiaries, including Fidelity
Investment Services Ltd (FISL), Fidelity Gestion (FIGEST), Fidelity Investments
Advisory (Korea) Limited (FIA(K)L), Fidelity Investments Management (Hong Kong)
Limited (FIMHK), Fidelity Pension Management (FPM), Fidelity Investments Japan
(FIJ) and Fidelity Investments International (FII), investment managers for
various non-US investment companies and institutional clients, are together
interested in a total of 230,411,685 ordinary shares of 0.1 pence each in the
Company, representing approximately 7.74 per cent. of the Company's issued share
capital.
This shareholding is registered as follows:
Shares held Management Company Nominee/Registered Name
552,056 FISL JP Morgan, Bournemouth
219,487,409 FIL Brown Bros Harriman Ltd Lux
10,372,220 FIJ Brown Bros Harriman and Co
This notifiable interest also comprises the notifiable interest of Mr Edward C.
Johnson III, a principal shareholder of Fidelity International Limited, and
interests held on behalf of authorised unit trust schemes in the United Kingdom.
kimoldfield
- 14 Nov 2006 16:16
- 22344 of 27111
Notifiable Interest
Following the Company's successful firm placing, placing and open offer and the
admission of 1,975,992,559 new ordinary shares of 0.1p each in the Company ('
Ordinary Shares') to the Official List of the London Stock Exchange, the Company
has been informed by certain persons discharging managerial responsibilities
that as a result of their taking up entitlements under the open offer their
interest in Ordinary Shares is as set out below.
The revised interests are based on a total issued ordinary share capital of
2,977,646,824 Ordinary Shares.
Name Position Previous Holding Current Holding Interest
Philip Lovegrove Chairman 4,577,083 7,323,332 0.25%
Ian Balchin Executive Vice Chairman 1,640,000 2,624,000 0.09%
Mike Feast Technical Director 556,979 891,166 0.03%
Bruce Drew Managing Director - Aquasol 7,259,376 10,547,001 0.35%
halfamil
- 14 Nov 2006 16:17
- 22345 of 27111
Anyone remember when the agenda for the EGM was first published they had the audacity to suggesst that there would be a vote to "adequately reward" Wagner and someone else when all these contracts come to fruition. What happened? Was there a vote?
alfalfa
- 14 Nov 2006 16:24
- 22346 of 27111
Lovegrove, Balchin and Feast have taken up their full allocation in the open offer.
Drew has taken up an additional 45% rather than a possible 60%.
Tonyrelaxes
- 14 Nov 2006 16:33
- 22347 of 27111
Nothing about Age of Reason?
Does this imply they still have between 13% and 14% (13.19% was the holding after the sale of 85m shares) as a result of dilution? In which case they did not take up their Open Offer entitlement?
Also Richards & Appleby - they droped from 6.27% to 3.62% on a full take up.
Tonyrelaxes
- 14 Nov 2006 16:41
- 22348 of 27111
Its not over yet!!
White and Balchin out.
bhunt1910
- 14 Nov 2006 16:41
- 22349 of 27111
Stanelco PLC
14 November 2006
Stanelco plc ('the Company')
Directorate Changes
Following a Board meeting held earlier today, Ian Balchin and Howard White have
ceased to be directors of the Company with immediate effect.
Intersting ??
Tonyrelaxes
- 14 Nov 2006 16:44
- 22350 of 27111
Project Foil looking far more meaningful - now for the rest of it.
Oilywag
- 14 Nov 2006 16:50
- 22351 of 27111
Well then, that's no surprise, Howard White departing!
I think about time too as well.
The oily one
kimoldfield
- 14 Nov 2006 16:52
- 22352 of 27111
How much influence does HW have in the USA?
kim
hewittalan6
- 14 Nov 2006 16:52
- 22353 of 27111
Tonyrelaxes,
Why more meaningful???
I'm starting to lose the plot here.
Alan
Sharesure
- 14 Nov 2006 16:54
- 22354 of 27111
4 RNS's in one day, the most significant being the last one. IB and HW do not deserve to be on the Board; just a pity they did not get removed sooner before they lost so much of the Cap. Val. Whether Martin Wagner is the right person to take SEO further is also questionable but no doubt a few institutions are on the case.
Oilywag
- 14 Nov 2006 16:55
- 22355 of 27111
And so much for the story that HW was meeting with an important US contact at Heathrow Airport whilst the EGM was taking place.
What load of bovine manure that was! And I think that most of the top table knew that we knew it was as well.
Although Ian Balchin has left, he has still taken up his full entitlement. Mmmmm.
It will be interesting to see who comes in to replace them. Still have nothing about the appointment of the new Sales & Marketing Director.
The oily one
Tonyrelaxes
- 14 Nov 2006 16:58
- 22356 of 27111
Alan - on reflection I chose the wrong word and am not sure of the correct one here. 'Valid and being carried through' might be better.
This was what was presented to Institutions and reading between the lines suggested changes - some now for all to see.
hewittalan6
- 14 Nov 2006 16:59
- 22357 of 27111
Ahhh. Je comprend.
Bien
alfalfa
- 14 Nov 2006 17:04
- 22358 of 27111
Alan - as I am ever the proofreading pedant - "Je comprends" would be more accurate.
However, I'm buggered if I do yet...
pinnacle
- 14 Nov 2006 17:06
- 22359 of 27111
As I have said before - Schroders and now thankfully Fidelity run the show.
With these two on board make sure your average is as low as you can afford - because once news on new contracts is announced the company will be bought.
Forget 20p plus it is not going to happen - this company will be bought in my opinion - depending on the quality of the contracts announced for arround 10 - 13p.
There is no other scenario when you have these institiuions involved.
Selfishly, I would be delighted with 10p as this investment has been far from enjoyable!!
Oilywag
- 14 Nov 2006 17:06
- 22360 of 27111
Alan I don't understand Froggie!
Allez vous!!
How do you say "lol" in Froggie?
The oily one
hewittalan6
- 14 Nov 2006 17:06
- 22361 of 27111
Thank you for the French Lessons.
They normally cost me about 200 down Soho and i still can't speak the lingo properly.
Alain, le bugger risible
pinnacle
- 14 Nov 2006 17:08
- 22362 of 27111
Looks like all of us are at the computer at the same time!!