The deal would see premier oil stakeholders, including debt holders, owning up to 23% of the combined group and Chryasor owning 77%
Premier oils shareholders would own up to 5.45% of the group.
Anyone understand this, the statements conflict.
Of the 23% owned by premier stakeholders, only 5.45% of the new company’s would be premier oils shareholders, the rest of the 23% would be debt holders.
That’s how I understand that statement. May not be correct.
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Ok thanks, no idea how to work out dilution when I don’t know the size of Chryasor.
Then again now premier is debt free this would also compensate. This is an extreme head f…