massive news.
so who had 24m shares to sell?
looking through changes in substantial shareholder notices, no one did.
according to these notices the following parcels are held:
JP Morgan Chase 14,770,000 at 5 march
UBS 10,901,878 at 8 feb
MM&E capital 7,390,496 at 30 jan
then looking at the target's statement on 25 jan 07, the following shareholders also exist:
Anglo Pacific 16,725,989
RAB Energy Fund 7,490,000
now i didnt see the transaction(s) but were there 1 or 2? looking at the title of the thread, it looks like 2 trades if the first was 12,000,000.
as per target's statement 25 jan 07, OMC share capital was:
144,680,060 shares
9,790,000 options
so the above holders have 57,278,363 between them, or 37% of the share capital.
a combination of 2 or 3 of the above may have sold to one of the others, or to denision. did anyone see the exact trade numbers??
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12m shares crossed this morning, page-5
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