Member Info for Brightonscot

With the deadline for disclosures well exceeded and the fact PE is very much involved in the process , can we now assume that he has disposed of / or put elsewhere enough shares from the 7,000,000 he previously owned to be below the 1% limit. The curious transaction last week at 2.875p may have a connection ? The constant manipulation of this share with tiny disposals has fooled no-one and PE and his cronies will need to come up with a realistic proposal and I hope that Sterling�s administrators are acting with repute and in the interests of all shareholders.

Also according to Rurelec website there are more than 20 million shares held by HSBC nominee account holdings - granted they may not all be held for the same individual , both i am sure there must be individual holdings greater than 1% within that group. Rurelec needs to be chasing these people up for their disclosures - the registrar will have provided an up to date listing of all the shareholdings . Not sure what effect it will have if a relevant party fails to disclose ? Any ideas ?

So ..waiting for YF Finance and possibly peter Earl. But why are they waiting til the very last minute of the deadline to make these disclosures ? We all know the p[layers involved !

Looks like they are setting the deadline as 3.30 pm tomorrow ! We surely need disclosures from both Sterling Trust and YF Finance ? For some reason they are taking these disclosures to the wire ? Why ? And if PE no longer holds the 7,000,000 shares - was he responsible for the drip drip small share sales that were so common over the past year ? Rurelec�s Share registrar will certainly know !

I am wondering if they interpret by 3.30pm on the 10th working day after the notice as being - day of notice plus 10 working days ? That takes us to tomorrow ( wed . 25th ) at 3.30pm ? I am intrigued to see if Peter Earl still holds the 7,000,000 shares he had when he was a director ?

Interesting to see they are diligent in reporting the change - but LSE has shown the BUYS as SELLS on 16/10 and split over two transactions just after 14.00. - 9686 plus 52,890

I agree . If they were running a short on their own account that must be a conflict of interest imho . But perhaps they are acting as broker for a third party ? Although i think they should disclose who the beneficiary is ?

You need to email the co. Sec. Maria Bravo on. mbravo@rurelec.com

Yes..advised Rurelec today so an RNS will be out sometime soon

Yes..advised Rurelec today so an RNS will be out sometime soon

I seem to recall that PE had 7,000,000 shares ? It will be interesting to see if that is still the case by Monday ? Or perhaps that odd 1,320,649 share transaction has put him below the threshold ?

Should be an interesting week - anyone with more than 1% of the company - thats 5,610,000 shares - needs to make a disclosure within 10 working days ...

Curious to see that the quantity is entered twice ! Does that suggest that one entry should be a �sell� ? And has been disguised ? And are we looking at the offer price !! ???

Somebody ( or company ) believes sufficiently that the offer price will be above 3p enough to hoover up shares @ 2.875p - 1,329,649 shares is a substantial investment ! Any ideas who ? Reported after close of business . Should be an interesting day on Friday ?

Is everyone on holiday ? I think the BOD will be hoping nobody turns up ? No awkward questions about income , expenditure , assets ?

Any other shareholders intending to be at the AGM ? I have emailed all the contacts I had from last year - so please check your inbox / spam folders. I would appreciate shareholders views prior to the AGM and any relevant questions to put to the board.

I have a similar question about all the tiny sells below gbp 100 - seem totally pointless. If its meant to spook LTH with shares in the millions - its not working ! And even a 100,000 sell is pretty insignificant actually . There seems to be a far higher number of small sells on RUR compared to similar sized companies . But if the sellers expect to have any real influence on the share price , they are very much mistaken. LTH such as myself will not be intimidated to sell until we know the outcome of the administration of Sterling Trust - pure and simple !

...however payments have now RESUMED It would be really nice of the BOD to have told shareholders that EDS had agreed some sort of payment plan. The last statement on that subject had indicated that there were still problems in receiving ANY monies from Argentina !

I , too , am planning to attend the AGM if I am available . I wonder if it might be possible to table a resolution along the lines of requiring the BOD to send a monthly update on all our projects. AFTER ALL , what do our employees do all day ? They are EMPLOYEES of the shareholders and yet they behave as though RUR was a private company. I would also put forward a resolution requiring DIRECTORS , or a nominated company employee to answer emails sent to the company by shareholders. A common courtesy in my opinion , yet ignored by RUR ! I am not sure if we need to garner at least 5% of shareholders to put forward resolutions ? I can certainly contribute towards that count .

Interestingly tighter spread ? ARE they anticipating some volume in the market ? RUR is very thinly traded . That's why I really don't understand the small trades. SO MANY ? For such a thinly traded share as RUR with only about 300 long term shareholders. It's not as if any holders with millions of shares are likely to be influenced by a sale of a few thousand bringing the sp down a notch !