Member Info for mimbrit

There were around sixty trades in the first hour with an average value under £20.

Who was signalling what to whom?

I do beg his pardon, he’s only 59 so you can surely expect another £2m to be ‘needed’ before retirement. Absolute disgrace.

He’s 69 so I wonder how many more £300+k infusions he needs before bowing out gracelessly.

SWLC - Peel Hunt REDUCED their holding to below the 10% radar within days of declaring above, if UKOG’s AIM Rule 26 information is correct; make of that what you will.

Recently UKOG figures have been unreliable; they had to correct a £1.8m error in the interim accounts and are yet to correct a similar ‘blunder’ in their AUDITED annual accounts. Nobody seems too bothered or surprised about those…

Thanks Tenbag, I think I get what the prefix should be but the invitation says expired

Tenbag - how does one join?

Dan - same username on X

Brilliant research, Dan, well done.

Do you have a throwaway email I could send you a few ideas please?

Ocelot, that 18.25bn is the old figure prior to the 15bn placings - it is now 33.25bn.

The percentage numbers are right for 33.25bn

UKOG updated the major shareholders on its website yeasterday and Peel Hunt have dropped below their 10% notifiable threshold.

Cantor, Halifax and Interactive Brokers out of list (although I think the latter's previous entry was confused with Interactive Investor) - Puma and Vidacos in.

Overall major retail percentage without Peel and EBT similar.

Thanks, Ocelot, I must have missed that.

Thanks, Ocelot, but I meant when the TR1 was issued for the 4% threshold, not the recent one.

Peel Hunt already had a holding of 823,205,241 shares or 4.51% of the then 18,249,134,666 shares in issue.

Could anyone please pinpoint when they crossed that threshold please, as I couldn’t find it myself?

Thanks.

I’m confused why Zulu presents as Sunsteppe and Wolfson Energy and look forward to hearing more Dan; thanks for delving into it.

https://www.facebook.com/photo.php?fbid=587944903555135&id=100070188908425&set=a.242243754791920

https://www.oecd.org/content/dam/oecd/en/publications/reports/2025/03/towards-a-renewable-hydrogen-strategy-for-mongolia_9286ac08/15122489-en.pdf

As for Wolfson Capital, I trust there is more substance than this…

https://www.wolfsonmn.com/

A few important takeaways…

“It will pave the way for delivery of a hydrogen-ready pipeline network which is expected to be delivered over the next DECADE and make a major contribution to the UK’s decarbonisation efforts.”

“ By repurposing existing infrastructure, we will connect hydrogen production, storage, and demand, helping to deliver flexible electricity, decarbonise industry, and protect jobs in some of the UK’s most energy-intensive regions.”

“This funding is essential to determining the technical work needed to build hydrogen infrastructure, in order to understand how a hydrogen network can be operational in time to meet government net zero plans.”

So no immediate rush to drive the JCB to the cabbage patch then, and no visibility of any income for UKOG imho.

ARROW MARINE MANAGEMENT LIMITED

Company number SC592053

He’s so busy “undertaking consulting work for various clients” that the accounts are overdue…

Exciting website, though - https://arrowmm.co.uk/

According to the company website, Peel Hunt already had a holding of 823,205,241 shares or 4.51% of the then 18,249,134,666 shares in issue so this notification doesn't look quite complete - it's still a large purchase and I guess not notifiable until complete if a T20.

The August 11th summary differs wildly from the 30th June holdings declared in the annual report which is tad strange given that the shares were in suspension on both dates.

The company's interims had to be revised downwards by £1.8m due to a schoolboy accounting error, and the same error exists to the tune of another £1.7m in the audited annual accounts, as yet without correction.

Today's notification is, of course, from Peel Hunt and not the company but I am not sure what figures to believe any more, especially claims on here about £2.3bn government 'funding'.

A bit more honesty would be good please.

I'm not sure I mind which bits of good news arrive as long as there are no 'buts' attached as usual!

Matad has a Financial PR - FTI Consulting - who will probably be on a retainer.

However, the company has consistently issued RNSs which could bolster the share price but often let it down with caveats. This may come from Mike Buck’s own caution but FTI don’t seem to have a bag of glitter in which to roll the turdy bits of news.

“Disappointed” and “frustrated” are rarely friendly to any share price.

Oh, Ocelot, so you’re happy with company projections of income, opex, capex, profits etc from these new projects which diverge from their existing business (and Sanderson’s apparent expertise)?

The business case looks a bit flimsy so far, in the wrong place and with competition that don’t exhibit UKOG’s financial fragility.