anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

Morning all.

Had a busy few days so not been around much, lots to catch up with. Plenty of posts to catch up on!

SWW, heres the RNS you mentioned about directors buying in the placing.

Sterling Energy PLC
19 November 2004



Sterling Energy plc ('the Company')

Substantial Shareholder


The Company was today informed that following their participation in the placing
announced by the Company on 9 November 2004, which became unconditional today,
the following, all being directors of the company, have increased their
respective holdings in the ordinary shares of 1 pence each ('Ordinary Shares')
as detailed below. All of the Ordinary Shares were subscribed for at the placing
price of 17 pence.


Director No. of shares Total no. of Percentage of
subscribed for shares held the enlarged
in the placing pursuant to the issued share
placing capital
Elizabeth
Butler 20,000 349,550 0.3%

Alan Levision 60,000 60,000 0.004%

Graeme Thomson 60,000 15,699,558 1.13%

Richard
O'Toole 60,000 22,543,818 1.62%

Harry Wilson 74,000 27,770,092 1.99%

Peter Wilde 20,000 620,000 0.04%

19 November 2004

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

seawallwalker,

I have just checked on the news page and this article is there timed at 9.08 this morning.

Ian

This is going to happen boy's I can feel it in my water. I've already topped up once. Don't think the guv' would let me do it again.

MS

MS,,pic up from 54 to 66,in 2 days!!

Sorry wrong thread.

They issue 570m new shares and the directors take less than 300k of them costing under 50k. Mickey Mouse!

Iain. I have been scanning all morning looking for these.

I appreciate I may have missed them, but wonder how when there were so easy to see.

Never mind, we got there in the end!

Thank you for showing an interest.

What did you have for breakfast?

I just polished off brunch, hot egg sandwich.

Mmmmmmm..........

I like cartoons.

seawallwalker,

If you just go to the news section and enter the epic code, you will see it is the most recent announcement.

Regards

Ian

Elizabeth Butler - 20,000 - 349,550 - 0.3%
Alan Levision - 60,000 - 60,000 - 0.004%
Graeme Thomson - 60,000 - 15,699,558 - 1.13%
Richard O'Toole - 60,000 - 22,543,818 - 1.62%
Harry Wilson - 74,000 - 27,770,092 - 1.99%
Peter Wilde - 20,000 - 620,000 - 0.04%

Director Holdings

A lot of sells going through. Can any one confirm if they are sells.

MS

28 sells since the market opened.

Time for lunch!

busy day on the thread...directors takeup is small but there may have been limits imposed because of the high demand from institutions. that is my take on things....

Good point proptrade!

I note their total holdings amount to in excess of 10 million at 17p per share.

Nearly as much as me!

lol

Since outside shareholders were not given the opportunity, they couldn't take up too much could they? More a case of flying the flag by buying a nominal amount. Most of them don't need much more in any case.

thought it was an obvious one that nobody else had pointed out!

anyway, nice to see a bit of moneyam input on the thread

They are after food and drink tips! (Moneyam)

I must be a bit dim today not to have seen the rns's.

Bad night though!

Wife had wind.................

Just looked up your last email prop, about summed it up didn't it?

Whats everyone doing at the week end. Me, well painting the hall and replacing the skirting. Indian takeaway Sat evening oooo can't wait.

MS