Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I agree with you dactions, I have been a share holder for over 4 years now and showing a large loss on my holdings. I would like to have a large option for under £1 per share this would help me lower my break even point.
Hi fastduckharry, The major shareholders are,
Lion trust 9.84%
Aberdeen inv 9.84%
Blackrock 9.41%
Kerry group 7.90%
Octopus 6.95%
Jupitor assoc 6.75%
Argon ass 5.75%
Close Bro 4.87%
in Total the institutions own 74.84% of the company
Hope this answers your question
Hi more info on Obotritia they are located in Potsdam Germany and as at 2020 employ 547 staff ( in Dec 2015 they employed 10)
The company holdings are listed as, % of Holdings in that company
53.5% HLEES Highlights Events 8.57%
14.5% RQEL Reneuron 10.75%
12.86% Creditshelf AG 8.40%
9.37% Sportstot AG 20%
3.26% Achiko AG 2.04%
The company does seem to have a high proportion of its assets in Highlight Events and I agree with Epsilon and Philbanks Reneuron is a strange mix to have in this company. May be they bought in the Woodfords fire sale at a good price.
Hi the large holders at 5th jan 2021 were, Schroders 9.284%, Obotrita 10.76%, Octopus 6.72% ,Wales life 5.3% & Richard Griffiths 5.03%.
The large holders at 25th Aug 2021 are Obotrita 10.75% Richard Griffiths 7.99%, Octopus 5.88%, Rosetta Cap 5.65% Arix Cap 5.27%, Evans Sir Chistopher 2.96%, E vans M 1.57% Oday 0.70%.
It would appear the Schroder holdings, I think this was the last of Woodfords holdings and Wales Life have both sold out.
This site is far from complete I purchased 8000 shares at 1.063 at 9 0clock today but it does not show on this site yet.
It all over Uncle Sam has won and is now the owner of St Modwens. I have been a share holder since the 1960s and I find it a sad day. I only hope the new owners take care of the employees who have built this company over the years.
The vote could be at the AGM or by Corporate Action not yet decided but there will be a vote. Interesting that the shares are trading well above the offer price of 542p the market is expecting another bid or better offer.
This is not all over They have only received irrevocably commitments for 6.59% for the offer. That is 5.22% from the Clarke family and 1.37% from the directors. The largest shareholders have not yet committed to the deal, and who is to say another offer may not appear.
J O Hambro Capital Management who own 9% of St Modwen are saying that the Blackstone offer is to low and will vote against the offer. They say they would rather work with the existing management to create value.
Hi Chloe, Just a potted history on St Modwen, Redman tools started life at Gregorys Bank Worcester making Machines to produce bumpers for the car trade , they floated on the stock market in the early 1960s. Then they took over Heenan Froude in the late 1960s and developed that site as Industrial start up site. Stan Clark wanted to gain a Stock market quotation in the early 1970s and found the best way to do this was to join forces with a already Quoted company. He joined forces with the then Redman Heenan co and became Chairman. The changed the name to St Modwen.
Stan Clark looked after the shareholders with days out to Uttoxeter Races once a year and his family were large share holders in the company. Just remember we still have a vote on this takeover if we do not like the way it is going.
Schroder reported in January2021 that they had sold Reneuron shares to Rosetta . It looks like they only sold 5.6634% and retained 3.6206%. I do not understand the delay in reporting this sale which happened in Mid January 2021.
I know the RNS is only required to say that Scodroders are below 5% but it gives the impression that they have sold out of Reneuron and this will tend to drag the price down. I think also that this was the last of the Woodfords holding.