Member Info for optimist13

Each room has air conditioning and heating, LCD TV, free wifi access, power sockets, hanging space, storage drawers and a small desk, and are supplied with quality linens and towels. In addition, each room has secure key card access and a personal safe. As part of the proposal, a small social/break out space is also provided for the trainees. Daily housekeeping would be provided by Snoozebox. Snoozebox works across a range of circumstances such as events, construction projects, and in the affordable housing sector, with recent deployments including key worker accommodation at the Ryder Cup in Gleneagles. Bilfinger Salamis UK Managing Director Hayward added: “Bilfinger Salamis UK is constantly exploring all options in terms of developing our business, and we are at the very early planning stages of a project. “Our proposals would present a sustainable solution to this problem, and one which will allow us to expand our Skills Centre course offering to further address the skills shortage issue in the energy industry. “The Snoozebox modules are not dissimilar to oil workers’ offshore accommodation. The proposal sees the facility built on land behind our main building, and in terms of appearance the building will look like many other buildings in this environment. The new accommodation will allow Bilfinger to better run and organise minibus pick-ups to the station and airport for larger groups of trainees.” “A similar set up has been successfully utilised by a training provider in Newcastle, who built a facility onsite to accommodate delegates, so we see no reason as to why the Snoozebox modular accommodation would not be the perfect solution for visitors undergoing training with the business.” “WE BELIEVE THIS IS AN EXCELLENT OPPORTUNITY TO SUPPORT THE ADVANCEMENT OF TRAINING FOR THE ENERGY INDUSTRY IN THE NORTH-EAST OF SCOTLAND. Lorcán Ó Murchú, Chief Executive of Snoozebox commented: “We believe this is an excellent opportunity to support the advancement of training for the energy industry in the North-East of Scotland. “The energy training sector obviously has a demand for temporary, but long-term, affordable accommodation, and Snoozebox modules present a totally self-contained solution.“

Plans submitted for innovative accommodation solution for trainees 16.10.2014 Bilfinger Salamis UK has submitted a planning application for modular accommodation in support of its Skills Centre and safety training, in response to increased demand for its practical courses. The Bridge of Don-based company initially opened its Skills Centre in 2007 as a staff-only facility to ensure all Bilfinger Salamis UK staff had up-to-date training, and could have their competency verified. Over 70% of the Centre’s business now comes from external clients from across the UK, as the energy industry addresses skill shortages, and focuses on having a fully trained and competent workforce. The centre is now the only site in Aberdeen to offer OPITO-approved painting and blasting courses, and also offers a range of working at height courses, confined space training, and offshore “S-Cape” systems training, amongst others. Bilfinger Salamis UK, which provides integrated, multi-disciplined support services and maintenance solutions to a range of clients, principally in the energy industry, trains over 8,500 delegates a year at the Skills Centre, and plans to expand its current training catalogue to include further industry-specific trades training in 2015. However, a shortage of accommodation in Aberdeen, which will be exacerbated with the start of work on the Aberdeen Western Peripheral Route in 2015, means the company is looking at alternative options for those undergoing training. “WITH PLANS TO WIDEN TO SCOPE OF OUR TRAINING WITH ADDITIONAL COURSES, WE ARE FACING A REAL PROBLEM WHEN IT COMES TO FINDING ACCOMMODATION FOR THESE VISITORS, SO WE ARE LOOKING AT ALTERNATIVE OPTIONS.” Bilfinger Salamis Skills Centre manager Wendy Stephan said: “We have a large number of delegates travelling from outside Aberdeen to attend courses at the Skills Centre, with many coming from the central belt, or the north of England. “With plans to widen to scope of our training with additional courses, we are facing a real problem when it comes to finding accommodation for these visitors, so we are looking at alternative options.” Bilfinger Salamis UK has worked with portable accommodation providers Snoozebox on a possible solution for those receiving training. Plans have been submitted to Aberdeen City Council for a modular, system-built facility using 45ft ISO shipping containers which are converted to provide ensuite bedrooms. The proposed facility would initially be open for five years. The accommodation would be based at Bilfinger Salamis UK’s existing site at Greenhole Place, Bridge of Don, and would offer 80 beds for delegates undergoing training at the firm’s Skills Centre, which is located within 10 minutes walking distance. The compact and cleverly designed rooms feature a full-size double bed and a bunk. The rooms are equipped with an ensuite bathroom (shower, toilet and sink). Each

You can tell people in the Pub, or anywhere else for that matter, that you have made an investment in a company on better terms than George Soros. Has to be worth some kudos - or maybe not. Need the RNS now for something else to talk about.

Just having a look at the company website, didn't know or had forgotten that George Soros had a stake in the company. When you add up the II and director holdings, that does not leave a lot of free float. Significant Shareholders Identity and holdings of significant shareholders As of 9 July 2014 Snoozebox had been notified of the following holdings comprising more than three per cent of the issued share capital of the company: Shareholder name Number of shares Holding % Hargreave Hale 28,258,258 13.34 Standard Life Investments 20,705,157 9.77 Ignis Asset Mgt 19,834,54 9.36 Cartesian Capital Partners 14,718,192 6.95 FIL Investment International 13,380,450 6.32 UBS Global Asset Mgt 11,933,116 5.63 Soros Fund Mgt 10,000,000 4.72 Henderson Global Investors 8,173,300 3.86 Edwards Securities 6,526,25 3.08 The total number of shares in issue is 211,840,727 This page was last updated on 28 July 2014

Rick - I assume the 60k purchase is yours. Well done, my average is 13.00p, for my sins I have been here for a long time. Dare I say, in the 60p range. 31/10/2014 11:30 60,040 @ 10 31/10/2014 11:19 4,078 @ 9.5 31/10/2014 09:26 10,966 @ 8.7

paying over the ask now. The MM's don't have any shares!

Courtesy of Observer on another thread: This is still selling well below the stated 12p net asset value............... I am pretty convinced there is some very good news in the pipeline here and insiders have wind of it. The financial situation is improving rapidly, extracts from the interims below..... 'Achieved consistently high occupancy levels with room rates ranging from £160 to £330 per night' '£2.6m improvement in pre-exceptional EBITDA loss reduced to £1.6m from an adjusted £4.2m in the same period last year' 'Central overheads (administrative expenses) reduced by £1.7m, to £2.4m from £4.1m in 2013' 'Cash balance at 30 June 2014 of £11.7m and net asset value of £24m' Net asset value is 12p a share alone, the company is only valued at £16m currently, the share price does not reflect the progress made or the strong financial position. My guess is the share price could be north of 20p within 3 months.

still below the last placing and warrants price. A long way to go yet before we get to a sensible valuation

Don't think the MM's have any cheap shares left. A nice little RNS now would do wonders for the share price.

There you go, a delayed buy has just gone through for 133,020 shares at 8.88p - interesting price 888

Here is the ling for the Snoozebox trades on ISDX http://www.isdx.com/forcompanies/ourcompanies/companydetail/default.aspx?securityid=1812665

Trades seem to be going through ISDX this morning, it may be no more than that.

Are we about to hear some news I wonder. Certainly plenty of thing going on in the background.

I think it is highly we will receive a trading update along with the launch of the next generation hotel. Obtaining the £15.6 million debt financing has given added security to the company and a positive update would see the share price past 10.00 pence which would then trigger some of the II's warrants at 10.00p giving further funds to the company for expansion. To me the shares represent excellent value anywhere below the last placing price.

From another thread: Surprised this has not been RNS'ed yet? This contract alone could be worth about £1.5m to ZZZ over 5 years and utilities 80 older hotel units. Subject to planning permission. http://www.heraldscotland.com/business/company-news/contractor-teams-up-with-snoozebox-to-build-hotel-for-oil-and-gas-workers.25612003

And still cannot buy on line at 8.75p!

Do you know where they will launching the next generation hotel next month. Can'y buy any shares on line at the moment!

I am sure the company would like investors to take up the warrants to give them some additional flexibility, so I would expect a raft of news before the warrants expire on the 15 December: "The Warrant Instrument constitutes warrants to subscribe for up to 110,000,000 Ordinary Shares at the Placing Price. The Placing Warrants must be exercised by 15 December 2014, failing which they will lapse."

buy 8.50 pence v sell of 8.21 pence. Last placing and warrants were at 10.00 pence. Now expecting a bumper announcement to coincide with the official launch of the new generation hotel in November.

moving up....leaky AIM again!