EHL 2.47% 83.0¢ emeco holdings limited

News: EHL Emeco Holdings updates on recapitalisation and merger with Orionstone and Andy'S, page-2

  1. 183 Posts.
    From their merger documents.....
    Number of share will jump to 2,400M from 600M of which 104M is debt for equity swap (821M for EHL creditors)
    Indicative post-Transaction shareholdings


    Recapitalisation Impact on Emeco shareholders
    Shares (millions) %
    Emeco shareholders 600 25%
    Partially underwritten Rights Issue 238 10%
    Emeco creditors 821 34%
    Orionstone shareholders 167 7%
    Orionstone creditors 333 14%
    Andy's shareholder 110 5%
    Andy's creditors 150 6%

    Total 2,419 100%
 
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