Slim Posted January 2, 2013 Share Posted January 2, 2013 Does the Isle of Man's representative on the board of Pinewood have a personal shareholding in the company, and does he hold any other directorships, especially in government-owned or funded entities? Is your google broke? Appointment of Steve Christian as a Director Pinewood also announces that Steve Christian, ACA (full name James Stephen Christian) will join the Board as an Executive Director from 25 October 2012. Mr. Christian will be responsible for coordinating the investment advice to the Isle of Man Treasury Film and Television Fund. Steve Christian (aged 48) has been responsible for overseeing the development of the Isle of Man's film investment programme since 1995 and has recently completed the financing of their 100th film and television project. He is currently a non executive director of the Isle of Man's largest energy provider The Manx Electricity Authority and is also a director of CinemaNX Limited, Fordex Limited, Agrimark Limited and Gasworks Media Limited. Mr Christian was previously a non executive director of Isle of Man Film Limited. Quote Link to comment Share on other sites More sharing options...
censorship Posted January 2, 2013 Share Posted January 2, 2013 Is your google broke? No. And neither is it broken. Quote Link to comment Share on other sites More sharing options...
Patrick Posted January 2, 2013 Share Posted January 2, 2013 (edited) Posted earlier in this thread, 10000 shares. Steve Christian acquired 10,000 Ordinary Shares at a price of 275 pence per Ordinary Share and, following this announcement, Steve Christian's beneficial holding of Ordinary Shares is 10,000, representing 0.02 per cent. of the issued share capital. Edited January 2, 2013 by Patrick Quote Link to comment Share on other sites More sharing options...
Donald Trumps Posted January 2, 2013 Share Posted January 2, 2013 I'd rather see govt invest in people rather than Steve the c**t Quote Link to comment Share on other sites More sharing options...
manshimajin Posted January 2, 2013 Share Posted January 2, 2013 Posted earlier in this thread, 10000 shares. Steve Christian acquired 10,000 Ordinary Shares at a price of 275 pence per Ordinary Share and, following this announcement, Steve Christian's beneficial holding of Ordinary Shares is 10,000, representing 0.02 per cent. of the issued share capital. Well that means along with Eddie he has been "rewarded" for his invetment - £50 interim dividend (a Santander 1 Year Term deposit would have given £330 for 6 months) and a theoretical maximum £400 increase in the value of his £27,500 share purchase based on todays bid price. Mind you that is significantly better than he achieved on the investment of the MDF! Quote Link to comment Share on other sites More sharing options...
Slim Posted January 2, 2013 Share Posted January 2, 2013 Well that means along with Eddie he has been "rewarded" for his invetment - £50 interim dividend (a Santander 1 Year Term deposit would have given £330 for 6 months) and a theoretical maximum £400 increase in the value of his £27,500 share purchase based on todays bid price. A santander 1 year term deposit wouldn't be available for an institutional investor and wouldn't have any capital gain. Quote Link to comment Share on other sites More sharing options...
manshimajin Posted January 2, 2013 Share Posted January 2, 2013 Well that means along with Eddie he has been "rewarded" for his invetment - £50 interim dividend (a Santander 1 Year Term deposit would have given £330 for 6 months) and a theoretical maximum £400 increase in the value of his £27,500 share purchase based on todays bid price. A santander 1 year term deposit wouldn't be available for an institutional investor and wouldn't have any capital gain. I was referring to investing £25,000. However turn up with £millions Slim and negotiate. I doubt that the bank will close its doors on you. This form of investment won't have any capital losses either (as with all investments - d.v.). I am not disagreeing with you that the Reserves have to be invested in a variety of investment options. But the returns to date are hardly enough to make enough for an Examiner article to trumpet "rewards" are they? Particularly when the MDF is down £21 million through investing in films that have not turned in profits and which according to the government accounts had returns that were overstated in the accounts. Certainly the MDF has not generated the capital gains you mention and our politicians have made very conflicting statements about the flow-on benefits. The basic point with this investment is that like it or not it was 'controversial' - probably due to the conflicting statements referred to above emanating from politicians over the previous 2 years or so and the fact that the OE report indicated the future of the on-Island film industry to be limited. In those circumstances some discussion in Tynwald of which way of using this money would have best benefitted the Island could have been useful. It would either have stopped most of the criticsm or come up with more attractive options for on-Island employment at a time when the economic outlook is less bright than it has been for years. The question was asked, but never responded to by the Government, as to whether the money being transferred to the UK could or should be invested to generate work in new initiatives on the Island and/or to be in a more prudent form of investment in volatile times. For example would the use of the money on the Island have generated more local jobs, VAT, tax and Quote Link to comment Share on other sites More sharing options...
Tourettes Posted February 1, 2013 Share Posted February 1, 2013 It's OK there using the Manx Money to expand the studios, http://www.guardian.co.uk/politics/2013/jan/31/pinewood-studios-submit-plans-expansion Quote Link to comment Share on other sites More sharing options...
Blade Runner Posted February 1, 2013 Share Posted February 1, 2013 I did not realise that on the old plans for 1600 houses, those houses would have been arranged in streets looking like different parts of the world and used for filming "on location" Cool idea and a pretty cool place to live if it had got the OK. Quote Link to comment Share on other sites More sharing options...
Albert Tatlock Posted February 1, 2013 Author Share Posted February 1, 2013 (edited) It's OK there using the Manx Money to expand the studios, http://www.guardian....plans-expansion And not one mention of the IOM, just UK, UK, UK. . Edited February 1, 2013 by Albert Tatlock Quote Link to comment Share on other sites More sharing options...
asitis Posted February 2, 2013 Share Posted February 2, 2013 IF planning permission is granted it MAY create up to 3000 UK jobs ! sorry still not seeing the massive benefit of this to us given the size of our total investment in the film industry !! Quote Link to comment Share on other sites More sharing options...
Matt Bawden Posted February 2, 2013 Share Posted February 2, 2013 IF planning permission is granted it MAY create up to 3000 UK jobs ! sorry still not seeing the massive benefit of this to us given the size of our total investment in the film industry !! More films being made means more money being made with potentially good returns on an investment. Quote Link to comment Share on other sites More sharing options...
cheeky boy Posted February 2, 2013 Share Posted February 2, 2013 Posted this on the other film industry thread http://www.independent.co.uk/news/business/news/a-miserable-future-for-pinewood-unless-residents-accept-the-expansion-of-one-of-the-worlds-busiest-studios-8468161.html 1 Quote Link to comment Share on other sites More sharing options...
carbon selector Posted February 2, 2013 Share Posted February 2, 2013 Whatever happened to the film studios up at Lezayre/Ramsey. I was shown around it once. There had been a fantastic set made and a huge street scene backdrop painted. I thought the place was amazing and would take off but it seemed to me to be manned by people who were only interested in smoking and waiting for the free meals to turn up. And the easy cash. In hand. That place under the right management could have been one huge attraction but it seems to have gone very quiet. What a pity. Quote Link to comment Share on other sites More sharing options...
asitis Posted February 2, 2013 Share Posted February 2, 2013 IF planning permission is granted it MAY create up to 3000 UK jobs ! sorry still not seeing the massive benefit of this to us given the size of our total investment in the film industry !! More films being made means more money being made with potentially good returns on an investment. Thanks I was aware of that but imo in our current financial position" IF" " MAY" and "POTENTIALLY" are not very good reasons to invest long millions of our money which could have been better used again imo in attracting business to the island, and no I don't fall for the bed nights fish and chips business analysis of the benefits ! Quote Link to comment Share on other sites More sharing options...
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