Specialist Energy Share Discussion Threads

[bones30] 18/5/2011 15:32

Am I right in saying that MBA one was a small increase.

[partner] 18/5/2011 15:04

2.47pm std life sell,other trades around time buyer.Karl heinz rns now accounting for just over 75% of co in 12 rns.

Ok ignore this post now Karl h as now sold!!!!.

[partner] 18/5/2011 14:55

482,500 std life cleared.seller gone now buys hopefully will push price along.

[partner] 18/5/2011 14:24

Sorry got carried away last night,now 11 rns accounting for just under 73% of co.killik 525k at 82p and mbe 241k at 83p.

[partner] 17/5/2011 20:14

Now 11 rn's,accounting for just over 73% of co.

[bones30] 17/5/2011 16:02

Interesting RNS, re: Maurice Critchley.

See:


All kinds coming out of the woodwork now!

[partner] 17/5/2011 09:20

Looking through rns issued,just over 70% of co covered by 9rns .Would like to know more about mbe and last nights after hours notice of holding 22.74%.

[bones30] 17/5/2011 08:50

No idea. These RNS anns are complicated!

[glyn10] 17/5/2011 08:05

Hi Bones, I was beinning to think the thread had been closed !! You might be right about strock being bought off market. I have no idea if there are any buy/sell limits.

What is the Form 8 OPD ? I seem to have completely missed the obvious with it.

[bones30] 16/5/2011 17:38

Glyn, don't worry - we're watching. There's not a lot to discuss right now.

Was wondering if a lot of the buying is being done off market. Remember there are Southbank holders here so when stock gets tight I wouldn't be surprised if they get a call.

I doubt you can buy substantial amounts otherwise.

[glyn10] 16/5/2011 17:36

more and more buying and zero chat on the thread?

[glyn10] 12/5/2011 08:31

seeinf quite a few peopl topping up but not much action with the sp

[asparks] 06/5/2011 08:32

that tidied up the board a bit!

[tehmac] 06/5/2011 00:40

What do all the above RNS's mean? Also, does the share price often go further than this off the back of takeover talks? Looks like no interest in selling out there from anyone. The only way is up? :)

[jbrss] 05/5/2011 20:46

Massive upside with a downside of back to 75p. If they fall any further i will buy back in.

[porketh] 04/5/2011 13:22

Sorry about the above looking so untidy! Dodgy copy/paste

[bones30] 04/5/2011 13:22

All these positions now being disclosed presumably because of yesterday's announcement.

[porketh] 04/5/2011 13:20

RNS

RNS Number : 9215F
Standard Life Investments
04 May 2011

FORM 8.3


PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")


1. KEY INFORMATION


(a) Identity of the person whose positions/dealings are being disclosed:
STANDARD LIFE INVESTMENTS

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient
N/A

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree
SPECIALIST EN GRP ORD GBP0.01

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
N/A

(e) Date position held/dealing undertaken:
03/05/11

(f) Has the discloser previously disclosed, or are they today disclosing, under the Code in respect of any other party to this offer?
NO


2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE



(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:

ORD GBP 0.01

Interests
Short positions

Number
%
Number
%

(1) Relevant securities owned and/or controlled:


1,083,333




3.05


(2) Derivatives (other than options):









(3) Options and agreements to purchase/sell:











TOTAL:


1,083,333






3.05








All interests and all short positions should be disclosed.



Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).



(b) Rights to subscribe for new securities (including directors' and other executive options)



Class of relevant security in relation to which subscription right exists:



Details, including nature of the rights concerned and relevant percentages:






If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.



3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE



(a) Purchases and sales



Class of relevant security
Purchase/sale


Number of securities
Price per unit

ORD GBP 0.01
FIRST DISCLOSURE
N/A
N/A






(b) Derivatives transactions (other than options)



Class of relevant security
Product description

e.g. CFD
Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position
Number of reference securities
Price per unit
















(c) Options transactions in respect of existing securities



(i) Writing, selling, purchasing or varying



Class of relevant security
Product description e.g. call option
Writing, purchasing, selling, varying etc.
Number of securities to which option relates
Exercise price per unit
Type

e.g. American, European etc.
Expiry date
Option money paid/ received per unit





















(ii) Exercising



Class of relevant security
Product description

e.g. call option
Number of securities
Exercise price per unit














(d) Other dealings (including subscribing for new securities)



Class of relevant security
Nature of dealing

e.g. subscription, conversion
Details
Price per unit (if applicable)














The currency of all prices and other monetary amounts should be stated.



Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.



4. OTHER INFORMATION



(a) Indemnity and other dealing arrangements



Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

If there are no such agreements, arrangements or understandings, state "none"



NONE






(b) Agreements, arrangements or understandings relating to options or derivatives



Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

NONE








(c) Attachments



Is a Supplemental Form 8 (Open Positions) attached?
NO






Date of disclosure: 04/05/11

Contact name: ROBBIE STORRIE

Telephone number: 0131 550 6049




Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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

END

RETFZLFBFEFEBBD

[bones30] 03/5/2011 15:24

JBRSS, would you say this is very very under the radar too?

Feel a bit of an idiot to have sold because of Fukushima, but really didn't know what the market was likely to do.

[jbrss] 03/5/2011 15:23

I agree Bones the upside is massive, i wouldnt be surprised if they get taken out for nearly £50 million so 180p, however I'm looking at the junior gold miners at the moment though lots to be made there

[bones30] 03/5/2011 15:17

JBRSS: I moved out due to Fukushima, but back in today. Wasn't easy to get stock.

I think there's probably a fair bit of upside from here.

[jbrss] 03/5/2011 15:07

Gutted i moved out of here last week due to a lack of activity with the share and other prospects looked better. The fundamentals are great and i should have been more patient with MBE taking chunks of the company.

Anyway good luck to everyone in the share, i'd hold on tight as i would imagine that Ewan and co will be wanting a premimum on current share price for the takeover to happen

[asparks] 03/5/2011 14:09

wot was previous offer price?

[porketh] 03/5/2011 13:51

Interesting move up today. We had similar news a while back, so is this those approached coming to fruition?

Eagrely awaiting more news.