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They changed them into LNCO - Escrow Shares

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Iam_in   Tuesday, 04/04/17 05:03:35 AM
Re: TMilzSr post# 544
Post # of 546 
They changed them into LNCO - Escrow Shares

with another ISIN ( in Germany wkn no.)

and now they are frozen until 'something will happen.'

( in Franfurt they were tradable till 03/02/2017
after 1-2 days they were changed into Escrow Shares)

quote:

" Notes: January 27, 2017, the United States Bankruptcy Court for the Southern District of Texas entered the order confirming the Plan of Reorganization of Linn Energy, LLC and Its Debtor Affiliates. The Plan became effective on February 28, 2017. Pursuant to the Plan, on the effective date all previously issued securities in LINEQ and LNCOQ that were listed and outstanding immediately prior to the Effective Date were cancelled and extinguished. Holders of interests in LNCOQ may receive a nontransferable escrow position to the extent necessary to facilitate any distributions that may become available in the future on account of such interests in LNCOQ..... "

full text:

http://www.quantumonline.com/SearchDD.cfm?tickersymbol=LNCO&sopt=symbol



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