Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Cqs Rig | RIG | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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36.25 | 36.25 |
Top Posts |
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Posted at 29/6/2018 16:31 by markfrankie sold rig today, will be back again |
Posted at 04/2/2015 23:01 by markfrankie Did a small punt on RIG (transocean) this week, anyone else an international trader here ? |
Posted at 17/7/2014 06:17 by steelwatch 17/07/2014 7:00am NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM CQS RIG FINANCE FUND LIMITED At the request of the company trading on AIM for the under-mentioned securities has been cancelled from 17/07/2014 7:00am. |
Posted at 16/7/2014 10:57 by steelwatch Well, there it is. All over: |
Posted at 16/7/2014 08:22 by steelwatch 16 July 2014 NOTICE 16/07/2014 7:30am TEMPORARY SUSPENSION OF TRADING ON AIM CQS RIG FINANCE FUND LIMITED At the request of the Company trading on AIM for the under-mentioned securities has been temporarily suspended from 16/07/2014 7:30am, pending an announcement. Ordinary Shares of no par value, fully paid (B1GVK03) (GG00B1GVK032) |
Posted at 21/5/2014 08:36 by ianbrewster Article on Citywire |
Posted at 20/5/2014 06:07 by steelwatch For release on 20 May 2014 CQS RIG FINANCE FUND LIMITED (the "Company") (a closed-ended investment company incorporated in Guernsey with registration number 45805) The Board announces that it has been informed by the Company's largest shareholders, CQS (UK) LLP, CQS Asset Management Limited and CQS Cayman LP, who together hold 65.54 per cent. of the share capital of the Company, that they would support a shareholder voluntary liquidation of the Company. Accordingly the Board will be making arrangements to convene an extraordinary general meeting of shareholders to consider proposals to cancel its admission to trading on AIM, to place the Company into members' voluntary liquidation and thereafter to realise the Company's assets and facilitate the return of available cash to shareholders. A circular containing full details of the proposals and setting out the timetable for the return of capital will be posted to shareholders in due course. |
Posted at 16/1/2014 15:17 by steelwatch rns TODAY:Suspension of CISE listing CQS Rig Finance Fund Limited (the "Company") announces that, as a consequence of the notification by CQS (UK) LLP, CQS Asset Management Limited and CQS Cayman LP on 10 January 2014 that their shareholding in the Company had increased to 65.54 per cent., the Company does not satisfy the requirements of the listing rules of the Channel Islands Stock Exchange ("CISE") to have at least 25 per cent. of the Company's securities in public hands. Accordingly, the Company's ordinary shares ("Ordinary Shares") will be suspended from trading on the CISE at the request of the Company with effect from 8.00 a.m. on 17 January 2014. With effect from 5 August 2013, shares admitted to trading on AIM are now permitted ISA investments, however prior to such date the Company's Ordinary Shares were only able to be held in ISAs by virtue of their CISE listing. Accordingly, to avoid the on-going administrative and compliance costs in connection with the CISE listing it is the Board's intention that an application will be made to the Channel Islands Securities Exchange Authority Limited for the cancellation of the listing of the Company's Ordinary Shares on the CISE and a further announcement will be made in due course. The admission of the Company's Ordinary Shares to trading on AIM will be unaffected by the suspension and subsequent cancellation of the CISE listing. |
Posted at 06/12/2013 18:09 by steelwatch Final Dividend ProposedFurther to the Company's policy to pay regular cash distributions in the form of semi-annual dividend payments and to target dividends equivalent to an annual yield of 5 per cent. of the Net Asset Value ("NAV") per Ordinary Share at the start of each financial year, the Board has today proposed a final dividend of 0.87 pence per Ordinary Share in respect of the financial year ended 30 September 2013. Together with the Company's interim dividend of 0.87 pence per Ordinary Share paid on 7 August 2013 and assuming approval by shareholders, this would represent total dividends for the year of 1.74 pence per Ordinary Share, equivalent to a yield of approximately 5 per cent. on the opening NAV per Ordinary Share of 34.72 pence on 1 October 2012. Subject to approval by shareholders, the final dividend will be paid on 9 April 2014 to holders of record at 14 March 2014. The Ordinary Shares will go ex-dividend on 12 March 2014. |
Posted at 19/10/2012 16:06 by steelwatch Scanning through, it appears to me that CQS Cayman's preference is for the offer not to be accepted:For these reasons, CQS Cayman views the purchase of Ironsides' stake in CQS Rig Finance Fund as a positive outcome for the CQS Rig Finance Fund and Shareholders as a whole (notwithstanding that the purchase of Ironsides' stake results in the Offer being required under the Code, due to CQS Group's resultant shareholding exceeding 30 per cent. of the issued share capital of CQS Rig Finance Fund). The CQS Group continues to believe in the long-term future of CQS Rig Finance Fund and that CQS Rig Finance Fund will benefit from having a wide and like-minded shareholder base. Further, CQS Cayman has continued confidence in the opportunity presented by the rig finance asset class in which CQS Rig Finance Fund focuses its investment strategies and, therefore, intends that CQS Rig Finance Fund should remain: (i) a public company, (ii) listed on the CISX, (iii) admitted to trading on AIM, and (iv) following its existing investing policy and dividend policy. However, CQS Cayman wishes to assure Shareholders that, in the event that (contrary to its intentions in making the Offer) acceptances are received which, when taken together with the interests of CQS Cayman and the other members of the CQS Group, would exceed 75 per cent. of the issued share capital of CQS Rig Finance Fund and the Board of CQS Rig Finance Fund considers that it would not be in the best interests of Shareholders to keep CQS Rig Finance Fund listed on the CISX, nor for its Shares to continue to be traded on AIM, CQS Cayman would likely take steps to delist, to cancel the admission of its Shares to trading on AIM and to wind-up CQS Rig Finance Fund in order to ensure that Shareholders would not be in the situation of remaining as minority Shareholders in an unlisted private vehicle. |
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