Crimson Dynamo 128 Posted November 20, 2013 Share Posted November 20, 2013 Green's shares are available from December 13th or the like. And unless I am mistaken, Laxey get some of those shares, while Sandy Easdale will get the bulk? could it maybe moving early? 0 Quote Link to post Share on other sites More sharing options...
stewarty 1,877 Posted November 20, 2013 Share Posted November 20, 2013 Presumably if it accounts for 5% of the share capital, it will need to be formally announced to the market, so we should find out in due course. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted November 20, 2013 Share Posted November 20, 2013 Could this be Laxey buying Greens shares? I'm sure i read somewhere the other day Laxey had 4.9% or something similar and it didn't include the Green shares yet Green's shares are available from December 13th or the like. And unless I am mistaken, Laxey get some of those shares, while Sandy Easdale will get the bulk? Green broke his lock-in agreement and 'officially' dumped his shares to below the 3% 'notifiable interest' level at the same time as the change of NOMAD to Daniel Stewart, as both were announced on 1 October. See the multiple 1 October announcements here - http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RFC&share=rangers_int As for Laxey, the last notice of their shareholding was only a week ago stating that as of 27 September, Laxey held 4,250,000 shares (6.53%) So.... Given that it was announced 7 weeks ago that Green no longer held 3% or more, then it can't legally be Green's shares which were bought today since it was a large block well over the 3% threshold. As for who did sell such a large block today, it's as someone else already said in the thread and almost certain to be Artemis, Hargreave, Laxey or Blue Pitch, but we do already know that both Artemis and Laxey have been buying up shares to increase their holdings. I'm going to brace myself and prepare for the worst possible news on this one, so that I don't end up shocked if the news isn't what I'd like to hear. 0 Quote Link to post Share on other sites More sharing options...
BEARGER 1,829 Posted November 20, 2013 Share Posted November 20, 2013 Rumours onTwitter (I know) that it's Laxey. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 20, 2013 Share Posted November 20, 2013 Presumably if it accounts for 5% of the share capital, it will need to be formally announced to the market, so we should find out in due course. we may find out who sold but unless 1 person bought we might not find out who bought. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted November 20, 2013 Share Posted November 20, 2013 Rumours onTwitter (I know) that it's Laxey. Buying or selling? 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,168 Posted November 21, 2013 Author Share Posted November 21, 2013 It was Laxey... 0 Quote Link to post Share on other sites More sharing options...
BeardyGuts 6 Posted November 21, 2013 Share Posted November 21, 2013 It was Laxey... Here is the official announcement on AIM for anyone interested : http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11781954 0 Quote Link to post Share on other sites More sharing options...
Super_Ally 0 Posted November 21, 2013 Share Posted November 21, 2013 Laxey bought or sold? Bought is bad new right? Sold could be good news depending on who bought? 0 Quote Link to post Share on other sites More sharing options...
Darthter 542 Posted November 21, 2013 Share Posted November 21, 2013 Laxey bought or sold? Bought is bad new right? Sold could be good news depending on who bought? Looks like they bought.....now owning 11% 0 Quote Link to post Share on other sites More sharing options...
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