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(OPE.L) Optare PLC Buy/Sell
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Summary
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| Date/Time | Headline | Source |
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| 29-10-09 | RNS |
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RNS Number : 5537B Optare PLC 29 October 2009 Optare plc ("Optare", the "Company" or the "Group") Extension of banking facility review date Further to the announcement made on 3 September 2009, Optare is pleased to announce that discussions with its bank regarding the renewal of the Group's banking facilities are at an advanced stage and ongoing. The bank has agreed to extend the facility review date and the Directors are confident that they will be able to renew the Group's banking facilities before 28th November 2009. Existing covenant waivers will remain in place until that date.
Enquiries:
Jim Sumner - Chief Executive
Stephen Keys/Camilla Hume This information is provided by RNS The company news service from the London Stock Exchange END
MSCUWOWRKNRRUAA More |
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| 25-09-09 | RNS |
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RNS Number : 6930Z Optare PLC 25 September 2009 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
of existing shares to which voting rights are
attached: ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which
voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
notification obligation: iii
(if different from 3.):iv
which the threshold is crossed or
reached: v
reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
if possible using
the ISIN CODE
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Total (A+B+C)
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi 12,017,147 of these shares are for a unit trust operated by Marlborough Fund Managers Ltd for who Hargreave Hale Ltd manages the portfolio of investments on a discretionary basis. The remaining balance is held on behalf of other discretionary clients. Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights:
15. Contact telephone number: 01253 754739 This information is provided by RNS The company news service from the London Stock Exchange END
HOLUVUURKARKUAR More |
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| 24-09-09 | RNS |
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RNS Number : 6420Z Optare PLC 24 September 2009 Optare plc (the "Company") Holdings in Company The Company received notification on 24 September 2009 that as of 22 September 2009 UBS AG no longer had a notifiable interest in the Company's current issued share capital. This information is provided by RNS The company news service from the London Stock Exchange END
HOLUSANRKBRKUAR More |
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| 23-09-09 | RNS |
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RNS Number : 5724Z Optare PLC 23 September 2009 Financial Services Authority
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached.
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
Other (please specify):
notification obligation:
Legal & General (Unit Trust Managers) Limited (UTM) Legal & General Investment Management Limited (LGIM)
Legal & General Group Plc (L&G)
(if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached:
reached:
Above 5% to Above 10% (LGIM) Above 5% (UTM) Above 3% (L&G) 8. Notified details:
A: Voting rights attached to shares
if possible using
the ISIN CODE
GBP 0.01
LGIM LGIM
UTM
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
(LGIM) (LGIM)
(UTM) (UTM)
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
Legal & General Group Plc (Direct and Indirect)
(Group) (29,748,333 -12.86% = Total Position)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect) (29,748,333
-12.86% = Total Position)
Legal & General Investment Management Limited
(Indirect) (LGIM(29,748,333 -12.86% = Total
Position)
Legal & General (Unit Trust Managers) Limited
(16,594,403 - 7.17% = UTM)
Legal & General Group Plc (Direct) (L&G) (12,081,430 - 5.22 % = LGAS, LGPL
(LGPL)
Proxy Voting:
N/A
to hold: N/A
voting rights: N/A
13. Additional information:
020 3124 3851 Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in share
A: Identity of the persons or legal entity subject to the notification obligation
(at least legal representative for legal persons)
B: Identity of the notifier, if applicable
(e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information This information is provided by RNS The company news service from the London Stock Exchange END
HOLUOUBRKURKUAR More |
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| Date/Time | Subject | Author | ||
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| Sat 23:30 | ||||
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I think you will be proved wrong, really can't see anyone taking part in a placing without doing due diligence and not being satisfied the banks will agree new terms.
I also would not see directors buying on mass knowing the banks were an issue. The order book has already been discussed; the company want the orders to a manageable level. "If I lose a couple of pence per share” You have lost over 12p a share, selling at a price that tempted £8m investment from institutions. I understand why you may have wanted to sell, but i don't understand the price you did it at, over 60% loss, surely you must have read updates and seen the economic collapse coming? Your 20.5p must have been prior to October 2008. The only way i or most others would have held 100k of shares all the way down to 3p without selling is if i had hedged my position, i.e. shorted it too. Sorry but your posts lack credibility in my opinion. First the placing would be an issue, and then it was achieved; now banks are an issue, even though they are at advanced stages.
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| Sat 18:29 | ||||
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notalf, my investment was bought because I liked the thought of a holding in a bus manufacturer having held shres in Duple and Plaxton prior to their T/O. My sale was, if you like an investment decision rather than allowing sentiment to influence my thoughts and that is why if there is good news re finance and orders then I will be back in. My concern continues to be the rapid reduction in the order book which I fear may be influencing the lenders. I sincerely hope I am wrong for the sake of the 500+ who work for OPE. If I lose a couple of pence per share by not staying in so be it, but a job lost may not be so easy to replace.
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| Sat 14:17 | ||||
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BOWOOD , i just can't believe you never sold at a higher price, you have now sold out at a price major institutions paid for their shares, to me seems mad, but each to his own.
You have lost 13k on a 20k investment with no stop loss or no re evaluation of risk on the way down. I guess i will never understand anyone who invests like that. More | View thread (28) | Respond | Login to Vote up | Login to Vote down |
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| Sat 13:01 |
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I have held these stocks for a while and have recently been to a presentation held by a local authority who have purchased quite a few buses from Optare recently. There is also talk that they went down well at the Bus show in Belgium.
It appears that buyers are very pleased with the product. As for the banking issue I would be disappointed if there was an issue here as this is a viable and now well run company. With a very very bright future. I will be buying more on Monday. More | View thread (1) | Respond | Login to Vote up | Login to Vote down |
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