I see filings from August 3 and August 5 on their IR page. I do not see filing/announcement regarding conference call Monday. Any link to such filing?
form Page 21 of the tender offer:
Interest of Directors and Executive Officers; Transactions and Arrangements Concerning the Shares
As of July 31, 2015, there were 39,618,322 shares of Company Common Stock issued and outstanding. The maximum number of shares we are offering to
purchase in the Tender Offer, 15,000,000 shares, represents approximately 37.9% of the total number of issued and outstanding shares as of July 31, 2015.
As of July 31, 2015, our directors and executive officers as a group (7 persons) beneficially owned an aggregate of approximately 13.0 million shares, representing
approximately 32.9% of the total number of outstanding shares. This Tender offer is offered to all of our shareholders, including the directors and executives of the
Company, who may tender their shares if so desired.
(2) Mr. Kellogg beneficially holds 6,916,000 common shares, including 5,774,800 common shares held indirectly through I.A.T. Reinsurance Syndicate Ltd.
I.A.T. Reinsurance Syndicate Ltd. is a Bermuda corporation of which Mr. Kellogg is the sole holder of its voting stock. Mr. Kellogg disclaims beneficial
ownership of the shares held by I.A.T. Reinsurance Syndicate Ltd. Mr. Kellogg also holds options to purchase 45,000 shares, which he has received as of
July 31, 2015, as a director of the Company
Page 22 of the tender offer lists insider positions. It appears as though the total shares controlled by Koo and Kellogg is approximately 12.9 million shares. (32.4% of shares outstanding)
hedge @ 1.60 on Oct 15, 2014...unwound the position months ago as was basically dead money as you must realize by now.. Have you figured out how to hedge yet????
CSRE closing set for August 12.
CSRE has returned 2.6% over a 9.5 month period since the date announced.
GBP has declined 2.3% against the US dollar.
S&P 500 has risen 13% over the same period.
A relatively poor return by any measure.
1) It's "stitching" not "stichten"
2) is not a secret takeover defense, was disclosed in MYL's reorganization earlier this year.
3) is fairly common for Dutch public companies.