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Eirocm admits to plans to refloat "Shock"

  • 22-01-2004 6:36pm
    #1
    vinnyfitz
    Closed Accounts Posts: 805 ✭✭✭


    From RTE tonight

    Eircom has confirmed, for the first time, that it is considering a flotation on the stockmarket.

    In a statement issued this afternoon the company said no decision had been taken by the Board and the timing of any floatation would depend ‘on market conditions and other factors.’

    The news was delivered in a technical notice issued by Eircom seeking the consent of its bondholders to pay a dividend in the event that it re-floats on the stockmarket.

    There has been considerably speculation that Eircom was considering a return to the stockmarket. The company has appointed Goldman Sachs and Citigroup as its advisors. link


Comments

  • #2
    Fallschirmjager
    Registered Users, Registered Users 2 Posts: 3,341 ✭✭✭Fallschirmjager


    recommendation:

    we all buy 10 shares (all of us) and go to each AGM and force them to rollout BB...


  • #3
    Sleipnir
    Registered Users, Registered Users 2 Posts: 5,513 ✭✭✭Sleipnir


    I don't think they're going to sell to joe public, probably just corporations and the like.
    They know they'd get steam-rolled if all their shareholders were their customers too!


  • #4
    Krouc
    Closed Accounts Posts: 76 ✭✭Krouc


    A case fool me once shame on you, fool me twice shame on me for Joe Public.

    They probably want solicitors and comreg to buy the new shares.

    K


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