"Advises and invests in technology and energy based companies and currently has a 2.5% stake in North Sea oil and gas company Faroe Petroleum.."
http://www.parkmeadgroup.com/parkmeadgroup/

"Mr. Tom Cross has become Executive Chairman. Mr. Cross has been a non-executive director of the Group since October 2006. He will take up office as Executive Chairman on 9 November 2010.
Mr. Cross is founder and Chief Executive Officer of Dana Petroleum plc, which is currently being acquired by the Korea National Oil Corporation in a deal worth approximately $3 billion dollars. He is a Chartered Director and petroleum engineer with extensive energy sector experience, spanning projects in more than 20 countries. In 2005, Tom was elected Chairman of BRINDEX, the Association of British Independent Oil Companies and he continues in that role. He is a Fellow of the Institute of Directors and has served as a Chairman of the Society of Petroleum Engineers and an advisor to BBC Radio on oil and gas affairs."

The Board of Parkmead reports that Mr Brian Wilson and Mr Faysal Hamza are retiring from the Board as Non-Executive Directors with effect from 21 December 2010.

Mr Wilson and Mr Hamza have served Parkmead with distinction, through a period of significant change in the Group, culminating with the successful acquisition and integration of Aupec Limited. They will continue to play a role within the Group in an advisory capacity.

The Board is also pleased to announce the appointment of Mr Philip Dayer and Mr Ian Rawlinson as Non-Executive Directors of the Group with effect from 21 December 2010.

Philip Dayer was a Non-Executive Director of Dana Petroleum plc from 2006 until its recent sale. Mr Dayer has over 20 years of public market and corporate finance experience.
Ian Rawlinson was also until recently a Non-Executive Director of Dana Petroleum plc, serving from 2005 until its sale in 2010.

the last count is what it counts

Do not change the subjec ( are you now ..... ), you were wrong and very difficult to admited it seems,

it is just nature playing on your lots of >>> sawdust

oh yawn yawn yawn .... MRSI must be proud of you, but you should learn how to post some of those abusive cartoons of his too if you're going to follow his instructions properly .... anyway, in a rather obtuse manner, you now seem to admit that harry was telling the truth, which is where we came in

Have you seeing a THICK person on >>>> moneyam

I have >>>>> cynic , is trying to put words in my mouth

I have seeing PIGS flying,
YOU must be of those trying to catch them on the air.

KEEP TRYING

I had a look at the RNS from one week earlier from "Nightwish"

So I can now confirmed that >>> HARRICAT (saying 30.3M shares )- was not up to date with the last Holding from Nightwish

17 December 2010

The Parkmead Group plc
Holding in Company

The Company has today been made aware that Nightwish Investment Limited is interested in 24,149,700 ordinary shares, representing 4.00% of the issued share capital and voting rights of the Company.

It was not just under 3% as I said earlier ( it could be ), but 2.97% as said by the chairman yesterday below >>>>>>>>>>>


Parkmead shares fluctuate as Middle Eastern investor reduces stake
Ian McConnell, Business Editor - 8 Jan 2011

Shares in Aberdeen-based Parkmead Group, which is led by former Dana Petroleum chief executive Tom Cross, gyrated wildly yesterday as the company revealed one investor had reduced its stake.

The shares, which had slid sharply in recent sessions after a strong climb, were showing further significant losses for a while yesterday but they rebounded strongly later to finish up 1.5p on the day at 21p.

Parkmead told the stock market Nightwish Investments, described by Mr Cross as a Middle Eastern investment fund, no longer had a notifiable interest in the company.

Mr Cross emphasised to The Herald that Nightwish had only trimmed its stake slightly. He said Nightwish had reduced its holding from the 20.3 million shares or 3.36% notified on December 23 to 17.951 million shares or 2.97%. A notifiable interest is one which is greater than 3%. And he added: They are obviously sitting on a big profit. It is not surprising they took a little bit off the table.

Parkmead shares, which were trading around 1.6p before Mr Crosss appointment as executive chairman was announced in October, have risen as high as 39.75p since. Mr Cross who built Aberdeen-based Dana over 14 years and made about 57m from the companys 1.87 billion sale this autumn to the Korea National Oil Corporation plans to build a portfolio of oil assets in the North Sea and in north and west Africa at Parkmead.

http://www.heraldscotland.com/business/corporate-sme/parkmead-shares-fluctuate-as-middle-eastern-investor-reduces-stake-1.1078654

ah well, my little dosgsbottom, no matter what you number you choose to select at a given date, there is no question but that Nightwish USED to hold 30m shares and have now got rid of 12m of them - as i said ..... why would they do that if they thought the pot of gold was just on the horizon? ..... therefore, the next question is whether or not there is any good reason why PMG should currently be worth 20p let alone the 30p that it reached about a week ago? ..... in my opinion, a categoric no!

Great start to the day.

it is indeed, but shall merely watch with interest as i truly do not think this is any better than a share for fast trading .... at the moment, all that looks to be supporting it is hype and PI greed

I would expect this bounce to run out of steam, as the fundamentals haven't changed at all. Good trading stock atm, but not really a hold imo.

cynic and HARRICAT

the pair of SODS are from the same family TREE, not idea of NOTHING ( both negatives yes) ( no and nothing )

with which bits of post 82 and 83 do you actually disagree and why? .... or is it that you cannot bear others having a different view from you - just like MRSI

Who is a clever boy?
not the old boy --- cynic -

cielo - 07 Jan 2011 16:07 - 63 of 84
Had the retracement (a very large one), now is time to go to the broker for some 20.75p to 21p to pay

It's just a tradeable bounce, imo (unless another RNS is released). Take it or leave it. Try being less abusive and I will respond to your posts, otherwise I will just ignore you.

re - at the moment, all that looks to be supporting it is hype and PI greed at the moment, all that looks to be supporting it is hype and PI greed


Talking about greed ( you are full of it - cynic - ) now just jealousy, cos you are not holding
maybe you should look at the family tree

Mr. Tom Cross went further than the published RNS to give a detailed figure of Nightwish's holding.

It must mean something,....... like we are working on ABC and if you sell more ( Nightwish ) you will be missing on the potential upside

harry - leave "blue sky" to be abusive to whomever he wishes ..... as i said; he's like MRSI and cannot abide others with a different view .... patently i agree with you, though i probably shan't even try to trade this one ..... meanwhile, it's good to see XEL making us all bundles of dosh!

Early talk somewhere else >>>>>>>>>>> looking for a miracle


08:58 Finally in. czubaboy 1
was promised a miracle by trusted friend.....lets see if we are still friends come the end of the month!!!

09:03 Re: Finally in. rory uk
What was the miracle?

09:50 Re: Finally in. czubaboy
50% upside within 4 weeks! Amen! I had spare 10k so quite happy to leave it all year if it has to be and after seeing what he has put in i feel quite safe.
we shall see,

Receipt of Deferred Consideration
The Company reports that it has today been paid the full deferred cash consideration of 1,969,449.55 owed to it by Mr D Mills pursuant to the Company's disposal of Quayside Corporate Services Limited to Mr Mills in 2007.

Receipt of this payment satisfies in full the consideration due to Parkmead by Mr Mills.

I'm no oiler far from it but this is looking a fabulous investment .

Thomas Cross - Executive Chairman
"The Board has established a Remuneration Committee whose Chairman is Tom Cross"
"The Board has established an Audit Committee, whose Chairman is Tom Cross."

Total control at the top!!!