Afren PLC (AFRE.L)
* Current investors to hold 11 pct stake post recapitalisation
** Afren Plc's shares fall as much as 26 pct & top pct loser on FTSE 250, after the indebted oil producer says existing shareholders to hold only about 11 percent stake post recapitalisation
March 13 - Oil producer Afren Plc said it has reached in-principle agreement to address short and longer-term funding needs and recapitalise its capital structure.
- Founder of oil producer Afren Plc , Ethelbert Cooper, is planning to change the company's capital structure with a new partnership involving a consortium of Chinese investors, the Financial Times reported.
March 5 - Founder of oil producer Afren Plc , Ethelbert Cooper, is planning to change the company's capital structure with a new partnership involving a consortium of Chinese investors, the Financial Times reported.
* Afren, Game Digital, Oxford Instruments out of FTSE 250 (Adds detail on reshuffle, background)
March 4 - Oil producer Afren Plc has defaulted on its 2016 bonds, missing an interest payment as it negotiates with lenders for a rescue deal that could dilute the interests of its shareholders.
March 4 - Debt-laden oil producer Afren Plc said it would not pay $15 million of interest due on Feb. 1 under its 2016 notes in order to preserve cash until a review of its capital structure is completed.
March 2 - Debt-laden oil producer Afren Plc said it had been given another payment extension by some creditors, a day after the Sunday Times reported that China's Fosun International Ltd was backing a takeover bid for the company.
* Concern over board independence at Afren (Adds detail on Sports Direct, Afren, Micro Focus stakes)