101,318 New Ordinary Shares
have been issued to VSA Capital at a price of 8.
Once effective, the Company's ordinary shares
will trade under a new symbol to be determined by NASDAQ.
The Company also entered into a Registration Rights agreement with Laurus pursuant to which the Company agreed to prepare and file with the Securities and Exchange Commission a registration statement covering the resale of Ordinary Shares
that are issuable upon conversion of the Note and/or exercise of the Warrants, and/or issuable in payment of principal and interest on the Note.
Following the above purchase, the Company holds 9,614,613 Ordinary Shares
as treasury shares and has 553,252,061 Ordinary Shares
in issue (excluding treasury shares).
Having acquired more than 5% of MGTS ordinary shares
in March 2006, Comstar UTS was required under the Russian Federal Law on Joint Stock Companies to make such an offer to all holders of MGTS ordinary shares
During the post-acceptance period 54,963,574 Ordinary Shares
and 48,583 American depositary shares ("ADS"), each representing one Ordinary Share
, collectively representing 21.
s ordinary shares
are traded on the New York Stock Exchange under the symbol "RIG.
Shareholders will then be in a position to trade their Ordinary Shares
in all of these five new "United Kingdom Holding Companies" on either the London OTC Market or on the USA OTC Pink Sheets Market.
Such payment date and record date correspond to the payment date and record date, respectively, for the dividend on Shire's ordinary shares
The Company offered 6,250,000 newly issued ordinary shares
In addition, approximately 3,150,000 ordinary shares
are being offered in connection with forward sale agreements.
Of the ordinary shares
being offered, Aspen is offering approximately $200 million of ordinary shares
and Wellington Underwriting plc (the "Selling Shareholder") is offering up to six million ordinary shares
, representing 61% of the Selling Shareholder's currently outstanding ordinary shares
(excluding exercisable options to purchase 3,781,120 ordinary shares