17 June 2008director interest notice● Neutral
Vantage Drilling CO director John Robert Russell received 1,134,000 shares and a 486,000-share option grant as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 June 2008director interest notice● Neutral
Vantage Drilling CO COO Douglas Halkett received 232,400 shares and a 238,202-share option grant as part of the equity award.
16 June 2008director interest notice● Neutral
Vantage Drilling CO CFO Douglas G Smith received 213,500 shares and a 127,500-share option grant as part of the equity award.
16 June 2008director interest notice● Neutral
Vantage Drilling CO director John C G Oleary received 1,254,000 shares and a 486,000-share option grant as part of the equity award.
16 June 2008director interest notice● Neutral
Vantage Drilling CO Chairman & CEO Paul A Bragg received 2,620,200 shares and a 1,285,250-share option grant as part of the equity award.
16 June 2008director interest notice● Neutral
Vantage Drilling CO director Jorge E Estrada received 1,134,000 shares and a 486,000-share option grant as part of the equity award.
16 June 2008director interest notice● Neutral
Vantage Drilling CO VP & Secretary Christopher G Declaire received 1,244,250 shares and a 646,000-share option grant as part of the equity award.
11 June 2008listing compliance notice▲ GoodMajor
the American Stock Exchange certified Vantage Drilling CO's securities for listing, clearing them to begin trading.
21 May 2008business combination● Neutral
Vantage Drilling filed Amendment No. 6 only to submit a revised legal opinion from Maples and Calder (Exhibit 5.1) and the related consent (Exhibit 23.3). It does not amend the proxy statement/prospectus and carries no new business information.
21 May 2008business combination● Neutral
Vantage Drilling filed Amendment No. 5 to the same registration statement for the Vantage Energy Services and OGIL acquisition. The visible text repeats the deal terms from Amendment No. 4 (the $331.0 million price, the four jackups and the drillship), and the truncated text does not show what changed. The deal is still pending shareholder approval and SEC effectiveness.
19 May 2008business combination● NeutralMajor
Vantage Drilling Company, a newly formed Cayman Islands company, filed Amendment No. 4 to its registration statement for its planned purchase of Vantage Energy Services and Offshore Group Investment Limited (OGIL). OGIL holds contracts for four jackup rigs, a purchase agreement for one ultra-deepwater drillship and an option on a second. OGIL's owner, F3 Capital, would receive $331.0 million plus closing adjustments, made up of 33,333,333 units and a promissory note of about $56.0 million. Vantage Energy Services holders would swap their units, shares and warrants one-for-one for Vantage Drilling's, pending their vote.