Director/PDMR Shareholding

RNS Number:0131V
Millfield Group PLC
01 December 2005

Millfield Group plc ("Millfield" or the "Company")

Directors' Shareholdings

Millfield was informed today that, following its announcement of interim results
this morning, the following directors bought shares in the Company:

Director Shares Price % of issued Date of Shareholding Total % of
Purchased class acquisition and following issued class
purchased date of purchase of
notification shares

Paul Tebbutt 75,000 26p 0.06% 01/12/2005 1,380,126 1.17%
Mike Duncan 75,000 26p 0.06% 01/12/2005 175,000 0.15%
Bryan Beeston 95,000 26p 0.08% 01/12/2005 1,553,816 1.31%


Enquiries

Millfield Group plc
Iain Leighton, Company Secretary 020 8680 5200


Llewellyn-Slade PR Limited
Mark Llewellyn-Slade - 01444 242792
Francis Higney - 0207 7336557


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

YES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

ONWARDS AND UPWARDS!!!!!!

5.9mil buy x 2 gone through as late trades.. nice one

Bid gone down to 27p - even better !

oops wrong thread sorry, I meant ORM ;-)

Katcenka... are you for real ?

i am a computer, do you mind!!!

LOOKS AS THOUGH MILLFIELD MAY BE IN A SIMILAR BOAT TO BERKLEY BIRCH.
FSA IN TOUGH NEGOTIATIONS WITH MILLFIELD REGARDING CAPITAL ADEQUACY.
YOU ARE WELCOME TO RE-READ MY POSTING NO.16
VIRTUALLY ALL FSA. FIRMS SELLING FINANCIAL PRODUCTS ARE BUILT ON SUCH A FRAGILE BASE THAT COMPLETE COLLAPSE CAN OCCUR.
I FEEL IT IS A REAL SHOCKER THAT LIFE OFFICES CAN POUR MANY MILLIONS OF CAPITAL INTO F.S.A. FIRMS IN ORDER TO TRY TO ENSURE CONTINUANCE OF POLICY FLOW. HARDLY GIVES THE IMPRESSION THAT AN IFA FIRM IS INDEPENDENT
MILLFIELD SHOULD PRODUCE IMMEDIATE AND FRANK STATEMENTS OF THEIR STEPS TO (HOPEFULLY) FULL SOUND FINANCIAL HEALTH

..why do you say "TOUGH" negotiations?..have the FSA said that?..if they havent, then why put such a slant?

mpw777 seems like you could be shorting this co. lot of negatiVes for a holder.

i just hope no one has pulled off the treble that is WITH MONEY ON:

MILLFIELD HIGHBURY LANGBAR

mpw777
dont you answer specific questions?

johnostrich posting no. 32

i have thrown away last weeks copies of FINANCIAL ADVISER and Money Marketing ...... but if i recall correctly there was an article therein with regard to the need of Millfield to resolve capital adequaces with the FSA.. The need to do so is for various reasons . certainly it is not a good omen as the financial structure of a firm of financial advisers is invariable fragile - and will never be otherwise.

i have an excellent knowledge of the independent financial services field from various angles ....some of depth. clearly i have no inside knowledge of MILLFIELD

i recall well many disasters ....do you recall BURNS ANDERSON of 15 or so years ago. if not have a good read of the current BERKLEY BIRCH. the independent financial services field will never be strong because sadly it exists on (broadly) a con on its clients. that comment is not on a flippant basis it is from a source of a great depth of experiance

johnostrich posting no. 32

i have thrown away last weeks copies of FINANCIAL ADVISER and Money Marketing ...... but if i recall correctly there was an article therein with regard to the need of Millfield to resolve capital adequaces with the FSA.. The need to do so is for various reasons . certainly it is not a good omen as the financial structure of a firm of financial advisers is invariable fragile - and will never be otherwise.

i have an excellent knowledge of the independent financial services field from various angles ....some of depth. clearly i have no inside knowledge of MILLFIELD

i recall well many disasters ....do you recall BURNS ANDERSON of 15 or so years ago. if not have a good read of the current BERKLEY BIRCH. the independent financial services field will never be strong because sadly it exists on (broadly) a "con" on its clients. that comment is not on a flippant basis it is from a source of a great depth of experiance

I think this chart says it all.

mpw
i jsut wanted to check why you used the word "tough" adn i see you had no specific reason to use the word. Capital adequacy discussions can take many forms, and be for many reasons, of course, but its indicative of someones position on a stock if they add their own personal bias to something without specific reason.

and as for IFA firms being a "con" on their clients, i hope no IFA reading this decides to pursue you for any libel as i imagine youd find such a sweeping generalisation hard to justify

lets get back to real issues on this please, obviously fsa discussions are relevant and dampen the recent good news trading statement, nothing more nothing less until resolution one way or other.

johnostrich one main con is that almost each and every one are not "independent" this can be easily shown in almost every case in that the adviser does not show in writing and explain clearly to the client that the so called (expert) (independent) financial advice is from a quite narrow field of products offices and 'unit trust' entities.
the Financial Services Authority bars the adviser from offering advice outside that quite narrow field ...that is not made clear
(a) a huge amount of money ends up in with profits or equity/property type bonds which pay commission up to 7% or so for advice which is not skilled and the simple of forms is completed. in addition there is direct and indirect anuual charges which substantially erode values. wouild one pay a 7% fee to a stockbroker.
even if one goes direct to the life office to purchase the bond the same initial and annual costs are incurred
(b) if you yourself have one or more unit trust holdings i suggest you chuck those for a suitable exchange traded fund which can be purchased from a stock broker at a virtually nil initial and annual cost. the so called adviser will never ever suggest an exchage traded fund because he is not allowed to do so ...and in any event there is no commission
(c) rarely ,if ever , have i seen an IFA creating circumstances so a client can exploit the annual capital gains tax allowance

Be assured i could list other examples up to (z) and well beyond. many IFA,s are sincere and honest .....but there knowledge and experiance is very limited and that is coupled with the narrow field of advice allowed and that the whole advice field, of neccessity is commission driven

give me an example of your own sphere .. and , if i spot it on the thread , i shall tell you the "con."..........the comment will be on a pro bono basis!!!

little woman posting no. 35
what your graph does not show is that Millfield absorbed INTER ALLIANCE . this was the merging of two disaster entities ....when that happens an ever greater disaster is almost bound to arise. but, as you say "little woman" 'the chart says it all' !!!!!!!! ----the greater disaster did arise

little woman posting no. 35
what your graph does not show is that Millfield absorbed INTER ALLIANCE . this was the merging of two disaster entities ....when that happens an ever greater disaster is almost bound to arise. but, as you say "little woman" 'the chart says it all' !!!!!!!! ----the greater disaster did arise

Its also not your thread... No one person owns a thread...

mpw
i agree that lots of IFAs may not be doing a great job, but im sure that applies to virtually every industry - (you imply that whatever anyones "sphere" youll find a con (music by the way) so you effectively accept that)...my point to you was regarding your blanket generalisation, because i know there are good IFAs out there, jsut as there are good and bad stockbrokers, solicitors, accountants, doctors etc etc....(and by the way, over 30 years ive seen plenty of stockbrokers trade client money unnecessarily to generate commission as well so it goes on everywhere).
In any event, im not sure how this impacts on the share issue. Plenty of people prefer commission to fees, so i dont see it as a "con"...and while you may individually disagree with the logic of a client using an IFA on that basis, it still happens and so is a valid, trading industry...im sure one could argue for excample that using a travel agent is equally a "con", and yet millions do and so the decision of any individual investor to consider the share should be based on the travel agents likely fortunes not the principle of dealing with them or not. To pursue your point that EVERY industry has its own "con" and that thats a reason not to invest, can only logically mean that youll never invest in any industry!!..cant have it both ways

its actually my thread ;-)