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Falcon Energy plans 1-for-10 bonus warrant issue

Tuesday, November 19, 2013 - 06:00

FALCON Energy Group yesterday proposed a 1-for-10 bonus warrant issue of up to 82,453,751 free warrants for shareholders. Each warrant can be exchanged for one ordinary share in the marine and oilfield services firm at an exercise price of 43 cents - a premium of 8.86 per cent over the weighted

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