Indie1 Feb 2018 08:42
"Under the Possible Offer, if implemented, a total of 95,500,000 Newfield shares ("Consideration Shares") will be issued to Stellar shareholders in consideration for the issued and to be issued share capital of Stellar and which would represent a 16.4% of the enlarged share capital of Newfield once it has completed its placings and rights offer. Newfield will seek shareholder approval for the issuance of the Consideration Shares to Stellar, with a notice of meeting to be circulated in due course. "
So it will be shares issued to holders - in Newfield.