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

Full dilution won`t be felt until the 13th June, appropriately enough for the
wary, until then I stick with my short.

This is the 25th RNS this year, averaging 4 a month.
To me, it portriat's a company which is gathering momentum.
Just a another brick in the wall.
cyril

Stanelco PLC
08 June 2005

8 June 2005



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



Howard White appointed Group Managing Director of Stanelco plc



and President of Stanelco's US Operations



Stanelco plc, the radio frequency (RF) applications group is pleased to announce
that it has appointed Howard White as Managing Director of the Company. In
addition Howard has been appointed President of Stanelco's US operations. The
appointments take effect immediately.



Howard White began his career in 1973. From 1982 to 1993, Howard set up a
successful business buying distressed businesses, in ceramics, shoe repair and
printing equipment industries, and orchestrating their turnaround into a
profitable Group of businesses. In 1987, he reversed Taylor Tunnicliff Ltd, one
of the Group companies into a small, fully quoted engineering company, Christy
Hunt plc, and took a 14.5% share. Christy Hunt bought Deritend Stamping plc in a
32million deal. At the enlarged Christy Hunt Group, Howard was responsible for
Group operations, until it was bought out by Triplex Lloyd plc.



Howard joined Stanelco in 1991 as an executive director when it reversed
Stanelco Products Ltd., Merchants Manufactory Estates plc (MMEC) in return for a
40% stake and became an executive director. Howard has also been responsible for
the Chapter 11 reorganisation of Solitron Devices Inc. a NYSE listed company,and
transforming it to profitability.



Ian Balchin, Chief executive of Stanelco plc said:



'We have made this change in the management structure to more accurately reflect
the role that Howard has been fulfilling for Stanelco. Howard in particular has
been instrumental in directing the GREENSEAL(TM) project. We are now geared up
with partners to roll the technology out in the United States as soon as we have
completed the third trial with ASDA dedicated suppliers in the UK.'



- ends -

wilbs

the placing price of 21.15 must be very good news for all holders...but I always wonder why kind hearted posters put the entire wording of a company release on the board rather than a summary with their own assessment which might be helpful to other holders...after all the full release is readily available on many other sites such as uk-wire.

This sounds good !

'We are now geared up with partners to roll the (Greenseal) technology out in the US as soon as we have completed the third trial with ASDA dedicated suppliers in the UK,' he added

tipton11
Good point If I put the Research Page up it would fill the whole screen, so much news today I can't handle it all.

Hi Tipton - I am sure many would agree with you - but personally I dont as I would have missed this announcement. I use this board as my primary source and prefer to see the full text - perhaps I am lazy or just cant be bothered. But this morning - when there were 2 announcements I had only picked up the first and would have missed the second if wilbs had not posted. I accept that a siummary is nice and PaulMasterton is good at that - but I still like to see the full text for myself
regards
Baza

Putting the release on was very useful on a day like today when the news icon comes up by SEO on Moneyam with the first news release but there's no way of knowing that there's been a second later in the day.

wilbs - nice one. Specially like the last sentence from Ian Balchin - as soon as the (we assume) successful 3rd ASDA trial is completed, they start the US roll-out. This gives a well structured sense of purpose and time-scale.

Howard White clearly has an excellent track record in keeping comanies solvent whilst (re)building a business - very useful for such a crucial growth period for SEO (many rapidly expanding businesses fail by trying to grow to fast beyond their cashflow means).

SP holding well at 23+p bid in spite of consistent selling amongst which I detect someone playing the odds on being able to buy in again cheaper after 13th June (is that you Seq.?) - not sure the likelihood of significant fall is any where near high enough to risk being out of the market in this company whose first class management are on a total roll currently.

Very happy to have added on the dip yesterday.

sd

A lot of the sells at 23.05 are in fact buys - cos mine was one of them

Baza

offer price is 22.90 at the moment

On reflection it properly is a good idea to put the whole thing up because I would have missed it as well.

Research Page updated 8/06/2005

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=5042

going back to the original aquisition rns it say,

"Of the total consideration, US$1.23 million has already been paid in cash to EKI
as a non-refundable deposit. A further US$11.27 million is due to be paid on
completion of the acquisition which will be satisfied in cash. A further
US$6.25 million in cash is due to be paid in 12 months and a final payment of
US$6.25 million in cash is due 12 months thereafter. The deferred elements are
not subject to performance criteria. Stanelco is currently considering a number
of options for funding the acquisition, which may include the entering into
arrangements for debt facilities and/or a placing of ordinary shares for cash."


how much is 9 million in $?

Regarding the trials 2 and 3.
2 Hitchens i believe,any sign of there produce on the shelves?
3 Does anyone know who it might?
cyril

Roughly $16.5 million

tipton- agree entirely, the re-posting is a real pain, we can all read.

Did ASDA stop their suppliers ordering Greenseal, because Starpol 2000 was imminent ????

Will there be a flood of orders for Greenseal plus Starpol 2000 from ASDA suppliers, once Biotec is part of Stanelco PLC ????

IMVHO the answer to both questions is yes.

Cheers,

PM

Are we being held back by large 'T' buys ????

Could be the reason for strange prices, and no tick up yet. Lets hope they clear soon !

Cheers,
PM

Sharecast say the placing is done.

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=491558

Stanelco raises 9m to fund Biotech deal
Wed 08 Jun 2005



LONDON (SHARECAST) - Stanelco has raised 9.3m through a placing to help fund the acquisition of Biotech Holdings it announced on Monday.

KBC Peel Hunt placed 44m shares at 21.15p per share, amounting to 9m net after expenses. Ian Balchin, chief executive said, " It is great that we have had such strong institutional support for this acquisition and the company's strategy."

Stanelco is paying EKI $25m for Biotech, payable over the next two years. Biotech is one of the world's leading exponents of starch technology and has a considerable intellectual property portfolio.

Separately, the company announced that Howard White is to become group managing director

Cheers,

PM

NO WE DON'T WANT 20P MYSELF...