Fantastic, PGS take out price is NOT FIXED

FlemmingDK
PGS 18.09.2023 kl 23:38 3048

Just for kind awareness and understanding

The price for PGS is based on a conversion rate, which is mapped towards the stock price value of TGS, the rate is 0.06821

What does that mean.. please see below table... if TGS is having a stock value of i.e. 156, then they buy PGS for 10.65, but if the rate is 170, then the PGS share owner will get a converted value of 11.61 NOK

TGS PGS
154 10,50
155 10,58
156 10,65
157 10,72
158 10,79
159 10,86
160 10,93
170 11,61
Travis-Bickle
19.09.2023 kl 17:06 1417

Kommer vel en konsulentavtale om notering i USA som neste brikke. (mener en telefon venn).....
Blue Cow Group
19.09.2023 kl 16:57 1471

Men det du sier er direkte feil:
" if TGS is having a stock value of i.e. 156, then they buy PGS for 10.65, but if the rate is 170, then the PGS share owner will get a converted value of 11.61 NOK"

TGS kjøper ikke PGS. Uavhengig av om TGS står i 20 eller 200 får du 0,06821 TGS aksjer pr PGS aksje du eier, ikke 10,70kr eller 11,61 eller noe annet fra tabellen din.
edit: 0,06829 to be exact.
Redigert 19.09.2023 kl 16:58 Du må logge inn for å svare
WillyWonka
19.09.2023 kl 15:34 1646

Virker som at shorterne bare gir f haha
VantageVolante
19.09.2023 kl 15:32 1657

Noe short dekket inn igår, men heldigvis er det mye igjen.

Brenn i h.....
Slettet bruker
19.09.2023 kl 08:59 2014

Fearnley har troa

What’s new: TGS and PGS set to merge. Updated TP based on pro-forma figures
Our take: Substantial synergies and strong vessel market point to a good strategic move for TGS. Combined company trades (pro-forma) at 5.4x-4.1x 2024-25 EV/EBIT. Buy reiterated.
• TGS becomes a vessel owner as the company is set to merge with PGS
• Expecting annualized cost synergies of at least USD 50m
• TP lifted to NOK 220/sh based on 2024 pro-forma estimate
FlemmingDK
19.09.2023 kl 08:31 2191

Yes, you are indirectly right, however I am am talking about the exchange value based on different TGS stock prices. Many seems to believe that the value is some 10.07 NOK, yes, correct on given date of announcement, however, that value can decrease. The most realistic scenario is an increase in NOK value over the next period of time.

One again, the exchange NOK value is NOT FIXED
Føre var
19.09.2023 kl 05:49 2618

«The Private Placement attracted strong interest from existing and new Norwegian, Nordic and international high-quality investors and was multiple times covered.«



De hadde vel strengt tatt kunne latt være å gi bort disse
5% ene, de kunne vel ha heller ha plusset på :)

Det lukter i alle fall stigende kurs videre.
Redigert 19.09.2023 kl 06:01 Du må logge inn for å svare
Thesistulling
19.09.2023 kl 01:26 2784

TGS i 200 så er vi der.
Vi går vel for litt mere.
😎
Blue Cow Group
19.09.2023 kl 00:56 2835

Vi blir ikke kjøpt opp, vi fusjonerer. Du får 0,06821 aksjer i det nye selskapet pr PGS-aksje du eier helt uavhengig av kurs.
elnomi
19.09.2023 kl 00:30 2905

Vi gir oss aldri på pris, kr 15 er et minimum.