Paragon Offshore plc (fka PGNPQ)

[PinkBu]

Commons receive 65% of reorganized company if the current plan is confirmed:

Docket# 0318
http://www.kccllc.net/paragon/document/list/4208

4.8 Class 8: Parent Interests.
(a) Treatment: On the Effective Date, the holders of Parent Interests shall retain their Parent Interests, subject to dilution on account of the Parent Ordinary Shares to be issued in accordance with this Plan. After the issuance of the Parent Ordinary Shares, the Parent Interests shall comprise in the aggregate sixty-five percent (65%) of the total outstanding ordinary shares of Reorganized Paragon without regard to the Management Incentive Plan
Securities.