Diskusjon Triggere Porteføljer Aksjonærlister

Funcom matching halt!

reforhandling av gjeld gjør vel mange selskap hele tiden, uten at de må stenge daghandling…?

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Jeg tror det er emisjonen de prøver å få satt nå, noe som er rimelig kurssensitivt.

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Hvis så er tilfelle så skal jeg ikke gjøre noe overilet!
Har vel troen på at det kommer noe godt ut av hva det nå enn er som skjer i dag! Får håpe det ikke drøyer over helga!

Vi kommer til å få en melding før handelen starter igjen så det er egentlig ingen grunn til å spekulere. Selv om vi skulle komme fram til rett svar så vil det uansett ikke være mulig å handle på dette før det meldes til markedet.

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Nå har jo jeg og PDX kjent hverandre i en 4år snart ( eller er det lengre) så jeg tror det går rimelig fint :wink:

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ikke minst hvem og hvor mye…

Hadde en merkelig drøm i forrige uke, var helt vill i drømmen, satt å så ned på ville kurser, var et stykke frem i tid antar jeg, biter er borte, men det var 12,120 eller 20 jeg blander. Offtopic dette, men det var en fin drøm. Litt merkelig, kom utav intet, ikke drømt øko drømmer før, men har hatt deja vu’s før. Hehe, var bare litt morsomt, er en av få drømmer jeg har husket pålenge. Det kom liksom et sug da jeg leste MH meldingen idag. Håp det ikke var drøm om drøm som brast, va som kunne vært, hehe

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Jeg vil faktisk tippe at det ikke kommer noen melding før etter stengetid idag. Merkelig opplegg igrunn. Men forsatt spennende å se hva som skjer.

En emisjon uten noe form for kursdrivende nyheter på lang tid virker lite sannsynlig. Hvis det isåfall er tilfelle, kan det ikke være noe stor rabatt det er snakk om.

På en annen side kan dette ha vært i kortene lenge, vi alle har lagt merke til hvordan developers diary plutselig ble satt på vent. De har nok ikke støtt på problemer med kameraet i så lang tid.

Stillheten i det siste kan minne mye om en mørkeperiode. Jeg vet ikke om du Paddy fikk svar fra Ole når du sendte mail for ikke så lenge siden? Jeg har ihvertfall ikke fått svar på min mail. Andre som sitter å venter på svar på sine spørsmål fra Funcom?

Den siste tiden har vært preget av nyheter uten noe som helst kursdrivende kraft.

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Jeg fikk svar på hva de definerte som sommer ifht release CE av Ole, som var 1. juni til 30 september. Det er vel da naturlig å anta release sent september som passer fint mtp WOW og at det har fått roe seg ned litt.
I tillegg svarte han oversiktlig på antall aksjer tilgjengelig for emisjon som vi diskuterte heftig her en stund :slight_smile:
De andre spørsmålene fikk ikke svar, men ble enkelt og greit ignorert.

En grunn til å holde igjen kan kanskje være at man ønsker å dra inn en stor fisk, dra i land emisjon for så å lansere mer info, videos osv i etterkant, som en gulrot for deltakerne som en instant boost av kursen?

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Tipper det er noen som sitter på informasjon eller de er redd for at info er lekket. (ang emisjon og CE)

Så stopper de handelen hele dagen og kommer med melding i kveld eller tidlig i morgen.

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Min email var også om vår diskusjon om antall aksjer som nå skal utstedes, men ble ignorert selv. Jeg var veldig spesifikk i mitt spørsmål og tok også med hele regnestykket, som omhandlet hvordan de 130m forespurte aksjene er overflødige(i teorien kun 60m av de som er overflødige). I den forstand at det meste i Funcom sin historie som er utstedt som opsjoner har hatt en markedsverdi på 170m NOK, i år er dette tallet 323m NOK. Hvordan dette tallet forsvares, etc.
Som sagt, ignorert.

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Alt i alt er jeg glad for at endelig det skjer noe i Funcom. Bra eller dårlig, uansett kommer vi inn i en fase nå fremover som blir veldig spennende.

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Går ikke ann å legge inn ordre nå jo. Tenkte jeg bare skulle legge litt mer på kjøp nedover sånn i tilfelle det blir panikk.

Er vel en del banker som har en grense på +/- 30 % fra nåværende kurs. Sikker på at det bare ikke er det?

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Jeg får lagt inn ordre,

ob:

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR
INDIRECTLY, TO THE U.S NEWS WIRE
SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AUSTRALIA, CANADA OR JAPAN,
OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR
RELEASE WOULD BE
UNLAWFUL.

The Supervisory Board (the Board) of Funcom N.V.
(Funcom or the Company) hereby announces that it
has raised approximately NOK 52.8 million
(approximately USD 6.34 million) in gross proceeds
through a private placement of 95,970,000 new shares,
each with a par value of EUR 0.04, (the New Shares)
at a subscription price of NOK 0.55 per New Share
(the Private Placement). In order to reduce the
dilutive effects of the Private Placement, the Company
intends to launch a subsequent offering of
approximately 15 million new shares (the Offer
Shares), pending approval of the proposed additional
share issuance authorisation by the Annual General
Meeting of Shareholders on 30 June 2016.

Further, the Company has entered into an agreement
with KGJ Investments S.A., SICAV-SIF (KGJI) for the
restructuring of the Companys (i) USD 7.95 million
Restated and Amended Convertible Loan Agreement dated
13 April 2014 (Convertible Loan), and (ii)
Convertible Bond Loan from 21 December 2011
(Convertible Bond). Pursuant to the agreed debt
restructuring, KGJI will convert USD 7.7 million of
the principal amount owed by the Company under the
Convertible Loan into 42,777,778 new shares
(the Conversion Shares) in the Company at a
conversion price of USD 0.18 per share (the Debt
Conversion).

Finally, the Board intends to grant up to 5 million
share options to members of the Companys executive
management and other key employees.

The Private Placement:
The Private Placement took place through an
accelerated book building process managed by ABG
Sundal Collier ASA (the Manager) after close of
markets yesterday. The Private Placement has been
resolved based on the Board authorizations to increase
the share capital. The Private Placement was directed
towards certain Norwegian and foreign institutional
and professional investors.

The proceeds from the Private Placement will be used
in connection with development of the upcoming game
Conan Exiles and the two other titles to be developed
this year, related marketing expenses, repayment of
the USD 500 thousand short termloan drawn in April
this year and other general corporate purposes.

Notification of allotment for the Private Placement
will be sent today through a notification to be issued
by the Manager.

The New Shares and the Conversion Shares will
initially be issued on a separate ISIN pending
approval by the Netherlands Authority for the
Financial Markets of a listing prospectus and
publication of the same. Such prospectus is expected
to be approved and published on or around 10 June
2016. Following approval of the prospectus, the New
Shares and Conversion Shares will be converted to the
same ISIN as the Companys existing Shares and thus
listed on Oslo Børs and made tradable.

The Private Placement deviated from the existing
shareholders preferential right for new shares as set
out in Article 97 of Book 2 of the Dutch Civil Code
(Burgerlijk Wetboek) as the Private Placement was not
directed towards all existing shareholders.

The Board and the Manager have explored various
possibilities for raising new capital, however the
range of funding alternatives has been limited by the
Companys existing debt obligations, liquidity
constraints and the current valuation of the Companys
shares. Following due considerations and deliberations
with the Manager, the Board determined that the
Private Placement was the best option for raising the
necessary capital to be used for the development of
Conan Exiles and the other contemplated games and for
other general corporate purposes. The Private
Placement ensures that the Company has sufficient
funds for its operations for at least the coming
twelve month period. Together with the Debt
Conversion, the Companys financial situation is
strongly improved through the Private Placement.

The Board have further decided to propose a subsequent
offering to reduce the dilutive effect of the Private
Placement.

The Debt Conversion and debt restructuring:
The Company is pleased to announce that it has entered
into an agreement with KGJI regarding conversion of
USD 7.7 million of the principal amount owed by the
Company under the Convertible Loan. The Debt
Conversion is made at a conversion price of USD 0.18
per share, implying issuance of 42,777,778 Conversion
Shares.

The Debt Conversion will strengthen the Companys
balance sheet as a significant amount of the Companys
debt obligations is settled. The remaining outstanding
principal amount of USD 250 thousand will mature on 31
December 2016.

Subject to certain customary terms and conditions,
KGJI has also accepted a lock-up undertaking in
respect of the Conversion Shares until the earliest of
(i) 30 days after the release of Conan Exiles and (ii)
31 December 2016, and not to convert its outstanding
debt pursuant to the Convertible Loan and Convertible
Bond prior to 31 December 2016.

Finally KGJI has agreed to vote in favour of changing
the Convertible Bond in an upcoming bondholders
meeting, in which it will be proposed to reduce the
interest rate on the Convertible Bond from 5% to 3.5%
p.a., and to keep the interest accruing until maturity
date.

The Subsequent Offering:
As stated above, the Company intends to initiate a
subsequent offering of approximately 15 million Offer
Shares (the Subsequent Offering) in order to reduce
the dilutive effects of the Private Placement. The
Subsequent Offering will be initiated following the
completion of the annual general meeting of the
Company (to be held on 30 June 2016) and is subject to
the general meeting granting the Board a proposed
authorisation to issue up to 130 million new shares.

The subscription price per Offer Share will correspond
to the subscription price in the Private Placement,
being NOK 0.55 per share. The complete terms of the
Subsequent Offering will be described in the
prospectus to be published on or around 10 June 2016.

The issuance of Offer Shares will be made pursuant to
the abovementioned Board authorisation to issue up to
130 million new shares. However, the Board will not
issue more than 30 million new shares under this
authorisation, of which up to 15 million shares will
be Offer Shares and up to 15 million shares may be
issued for general company needs, including issuance
of shares following exercise of options.

Further information on the Subsequent Offering will be
given closer to the commencement of the Subsequent
Offering.

Grant of options:
As mentioned above, the Board intends to grant up to 5
million share options to members of the Companys
management and other key employees. Such option grant
is subject to approval of the abovementioned board
authorisation to issue up to 130 million new shares.

The contemplated option grant is part of an on-going
option program and does not include grant of options
to the CEO or members of the Supervisory Board or the
Management Board of the Company. The exercise price
for the options will be the volume-weighted average
price of the shares in the Company in the five trading
days following the announcement of the Private
Placement.


ABG Sundal Collier ASA is acting as the Companys
financial adviser and Advokatfirmaet CLP DA and
Weidema van Tol (Netherlands) B.V. are acting as the
Companys legal advisers in connection with Private
Placement, Debt Conversion and Subsequent Offering.

Any enquiries may be addressed to: investor@funcom.com

Badhoevedorp, 26 May 2016
Funcom N.V.

This stock exchange notice is published pursuant to
the disclosure requirements set out in section 5-12 of
the Norwegian Securities Trading Act.

Source Url: http://www.newsweb.no/index.jsp?messageId=402924

Dette var vell ikke akkurat den kursen/antall aksjer som hadde vært greit… årh. Jaja, er i hvertfall finansiert nå da

Dette må da være bra vel? Reddet selskapet og sikret satsingen. Jebsen konverterer gjeld til 1,50 per aksje.

Der traff du nok jo. Er nok det.