Kistos Holdings (KIST)

Sector:

Investment Firms

107.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 205.00p
  • 52 Week Low: 102.00p
  • Currency: UK Pounds
  • Shares Issued: 82.86m
  • Volume: 77,375
  • Market Cap: £88.66m

Kistos to buy Tulip Oil Netherlands for €220m

By Iain Gilbert

Date: Friday 12 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Energy investor Kistos said it was buying Tulip Oil Netherlands for €220m.
Tulip Oil Netherlands owns an operating interest in the Q10-A offshore gas field and interests in other fields in the Dutch North Sea, Kistos said the purchase would be a combination of cash, shares and assumption of an existing bond instrument issued by Tulip along with the issue of a new debt instrument.

Kistos will also issue warrants over €5m of ordinary shares at a premium of 30% to the price of any equity placing to Tulip and a contingent consideration of up to €163m will be payable on certain development milestones.

The group expects to carry out an equity placing with existing and new investors in connection with the acquisition and stated it was working with debt advisors in Norway to explore options for its new debt instrument.

As of 0850 GMT, Kistos shares were flat at 165.60p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Kistos Holdings Market Data

Currency UK Pounds
Share Price 107.00p
Change Today -2.00p
% Change -1.83 %
52 Week High 205.00p
52 Week Low 102.00p
Volume 77,375
Shares Issued 82.86m
Market Cap £88.66m

Kistos Holdings Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
15.46% above the market average15.46% above the market average15.46% above the market average15.46% above the market average15.46% above the market average
37.59% below the sector average37.59% below the sector average37.59% below the sector average37.59% below the sector average37.59% below the sector average
Price Trend
84.42% below the market average84.42% below the market average84.42% below the market average84.42% below the market average84.42% below the market average
98.12% below the sector average98.12% below the sector average98.12% below the sector average98.12% below the sector average98.12% below the sector average
Income Not Available
Growth
4.54% below the market average4.54% below the market average4.54% below the market average4.54% below the market average4.54% below the market average
11.66% below the sector average11.66% below the sector average11.66% below the sector average11.66% below the sector average11.66% below the sector average

Kistos Holdings Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
17:08 10,000 @ 107.00p
15:41 690 @ 106.00p
15:40 910 @ 106.00p
14:54 2,700 @ 106.64p
14:16 13,314 @ 106.80p

Kistos Holdings Key Personnel

CEO Peter Mann
CFO Richard Slape

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