Johnston Press Share Discussion Threads

[shirley83] 26/7/2018 14:04

Bid increasing

[cricket] 26/7/2018 13:31

shorters have a choice, risk getting annihilated or exit below 10p with some profit, we can see many are doing just that! Despite a helping hand from the bod rns.

[nicholasblake] 26/7/2018 13:23

I expect the best deal will be 2bn new shares at say 5p and a fair chunk (STG120m plus) of debt left outstanding. The choice between that and prepack will be down to the shareholders.

[nicholasblake] 26/7/2018 13:17

More like 2bn shares at 5p to reduce debt and pension scheme liabilities by STG100m.

[cricket] 26/7/2018 13:16

Wolf around that level would not surprise me.
custos will not be screwed over and he has paid that price for some JPR shares
Shorters offering 5.7 to close when stated price 5.12.

[hungry growling wolf] 26/7/2018 13:12

so refinancing at 20p?

[cricket] 26/7/2018 13:00

all the shorters were expecting an announcement on pre-pack, that RNS does not even mention that as an option!
the bod here is your worst enemy and have been for many years!

[cricket] 26/7/2018 12:59

this will wave 2

[hungry growling wolf] 26/7/2018 12:58

No pre pack

[cricket] 26/7/2018 12:57

there's the disgusting bod rns clearly the pre-pack is now out of the window, hence the rats closing asap.

[hungry growling wolf] 26/7/2018 12:56

Maybe 1bn shares at 20p

[hungry growling wolf] 26/7/2018 12:55

here we go or " refinancing"

looks refinancing could be coming , hence the spiking

[hungry growling wolf] 26/7/2018 12:54

Johnston Press PLC Statement re Share Price Movement
26/07/2018 12:53pm
UK Regulatory (RNS & others)

Johnston Press (LSE:JPR)
Intraday Stock Chart
Today : Thursday 26 July 2018

Click Here for more Johnston Press Charts.
TIDMJPR

RNS Number : 9055V

Johnston Press PLC

26 July 2018

26 July 2018

JOHNSTON PRESS PLC

Statement re Share Price Movement and Press Commentary

The Board of Directors of Johnston Press plc ("Johnston Press" or the "Company") notes the rise in the Company's share price today and confirms that it knows of no operational or corporate or other reason for the price movement.

The Company continues to explore a number of strategic options for the restructuring or refinancing of its bonds and confirms that no agreement on these potential options has been reached. The Company received a letter from Custos Group AS on Friday 20 July, and notes the press commentary on this over recent days. The Company confirms that it is not in receipt of any plan or proposal from any party for a refinancing or restructuring of its debt. Further announcements will be made as appropriate. As stated previously, any proposal that results from these discussions will remain subject to negotiation and consent of relevant stakeholders, and there can be no certainty that a formal proposal will be forthcoming.

For further information please contact:

Powerscourt

[nicholasblake] 26/7/2018 12:51

How about no prepack but 2bn new shares issued to refinance PART of bond principal?

[complex machinery] 26/7/2018 12:35

That was a monstrous spike for a biggie :).

I think that German shorter lost one billion and actually committed suicide

[cricket] 26/7/2018 12:33

The words 'refinancing of Johnston Press' has the scum running for cover here....
Hopefully VW part 2.

[complex machinery] 26/7/2018 12:31

from 3p to 20p , could be 600%.

Don't be surprised