EIG Asset Management25 Jun 2022 21:47
So these dudes own approx 37% of the company.
They appointed 2 directors to Harbour, The chairman R. Blair Thomas and G. Stephen Ferris.
They are known as various name as in andypops post below.
"I've only just had time to pick up on your post where you stated: 'My understanding is that EIG hold 36.7% as per the TR1 on 9 April 21. This percentage remains the same following the share consolidation. Therefore the potential overhang is 63.3%.' What a complicated holding that is! The holding is split between seven entities, some registered in the Cayman Isles, some in the UK and some in both, those entities are below: 'EIG Harbour Energy Advisor, L.P.; Harbour Energy GP Ltd.; Harbour Energy, L.P.; Harbour Energy Holdings, Ltd.; Harbour Intermediate Holdings Ltd; Harbour Direct Holdings, Ltd.; Harbour North Sea Holdings, Ltd.' Harbour North Sea Holdings transferred circa 6% to Harbour Direct Holdings at some point after the takeover, if the six other holding companies then had an equal share they would be around the 5% mark bringing into question the 3% or 5% reporting threshold if that is they are now managing their own holdings. I don't believe in coincidences, picking a way through the parent companies, directors and intertwined holding companies is like trying to climb a monkey puzzle tree."
Then we have CIG who may still be selling down from 6.8% but no RNS yet.
Now Im not to sure that EIG will be happy with their investment so far which has to be positive...Doesn't it?
What a web.......