Amer Overseas Gp Ltd (AOREF) 700.0000 $AOREF Am
Post# of 273242
Posted On: 09/14/2016 3:05:59 AM
Amer Overseas Gp Ltd (AOREF) 700.0000 $AOREF
American Overseas Group Limited Announces Commencement of Tender Offer to Repurchase Any and All of its Series A Non-Cumulative Preference Shares
GlobeNewswire - Mon Aug 08, 1:47PM CDT
American Overseas Group Limited (BSX:AOREF.BH) (Pink Sheets:AOREF) ("AOG"
announced today that it has commenced a tender offer for any and all of its outstanding Series A Non-Cumulative Preference Shares (the "Series A Shares" for cash at a price not to exceed $200 for each $1,000 principal liquidation amount of the Series A Shares validly tendered and accepted by the Company. In order to be purchased in the tender offer, Series A Shares must be tendered (and not validly withdrawn) on or before 11:59 PM , New York City time, on September 2, 2016 (such time and date as may be modified by AOG in its discretion) and accepted by AOG. AOG contemplates that to the extent the holders of Series A Shares decline the tender offer or fail to comply with its terms, the funds set aside for the purchase of their Series A Shares will be applied to other outstanding indebtedness of AOG or its subsidiaries.
American Overseas Group Limited Announces Resignation of Director
GlobeNewswire - Fri Dec 18, 3:30PM CST
American Overseas Group Limited (BSX:AOREF.BH) (Pink Sheets:AOREF.PK) ("AORE" today announced that Steven J. Tynan has resigned as Chairman of the Board of Directors of American Overseas Group Limited and two of its wholly owned subsidiaries, Orpheus Group Limited and American Overseas Reinsurance Company Limited. Mr. Tynan has been a Director of AORE since 1998 and Chairman since 2001. The Board is thankful for Mr. Tynan's service and leadership over the past 14 years. Mr. Tynan will remain a consultant to the Company.
American Overseas Group Limited Announces Dividend on Its Class B Preference Shares
GlobeNewswire - Fri Nov 06, 3:30PM CST
American Overseas Group Limited (BSX:AOREF.BH) (Pink Sheets:AOREF.PK) ("AORE" today announced that the Board of Directors of its wholly owned subsidiary, American Overseas Reinsurance Company Limited ("the Company", declared a dividend on its Class B preference shares of $1,569.00 per Class B preference share. The dividend will be payable on December 16, 2015, to Class B preference shareholders of record on December 9, 2015.
RESULTS OF OPERATIONS THROUGH JUNE 30, 2015 - American Overseas Group Limited Announces Net Income of $7.0 Million and Operating Loss of $9.4 Million Through June 30, 2015
GlobeNewswire - Mon Sep 28, 3:30PM CDT
American Overseas Group Limited (BSX:AOREF.BH) (Pink Sheets: AOREF.PK) ("AOG" or the "Company" today reported consolidated net income of $7.0 million, or $165.63 per diluted share, for the six months ended June 30, 2015. This compares to consolidated net income of $7.0 million, or $254.83 per diluted share, for the six months ended June 30, 2014. On October 28, 2014, the Company acquired Orpheus Group Ltd. ("OGL" for a combination of common stock and senior notes. As a result, the previously reported 2014 consolidated balance sheet, consolidated statement of operations, consolidated statement of comprehensive income, and the consolidated statement of cash flows of the Company have been adjusted to consolidate the operations of the Company with OGL. The results for the first six months of 2015 were impacted by fair value adjustments of $3.4 million and unrealized gains in credit derivatives of $15.3 million. The results for the first six months of 2014 were impacted by fair value adjustments of $11.4 million and unrealized losses in credit derivatives of $2.4 million. Book value per share at June 30, 2015 was $1,532.61.
American Overseas Group Limited Issues Supplement Information and Updated Earnings Release Regarding Net Income and Operating Loss for the Year Ended December 31, 2014
GlobeNewswire - Fri Jul 03, 4:47PM CDT
American Overseas Group Limited (BSX:AOREF.BH) (Pink Sheets:AOREF.PK) ("AOG" or the "Company" today reported consolidated net income of $38.4 million, or $1,797.58 per diluted share, for the year ended December 31, 2014. This compares to a consolidated net loss of $0.3 million, or $16.39 per diluted share, for the year ended December 31, 2013. The 2013 financial statements of AOG have been restated to reflect the fact that AOG and Orpheus Group Ltd. came under common voting control on June 26, 2013, and to include the results of Orpheus Group Ltd. from that date. The results for 2014 were impacted by fair value adjustments of $22.8 million and unrealized gains in credit derivatives of $18.2 million. Book value per share at December 31, 2014 was $1,327.28.
American Overseas Group Limited Announces Net Income Of $38.4 Million and Operating Loss of $3.2 Million for the Year Ended December 31, 2014
GlobeNewswire - Tue Jun 30, 4:07PM CDT
American Overseas Group Limited (BSX:AOREF.BH) (Pink Sheets:AOREF.PK) ("AOG" or the "Company" today reported consolidated net income of $38.4 million, or $1,797.58 per diluted share, for the year ended December 31, 2014. This compares to a consolidated net loss of $0.3 million, or $16.39 per diluted share, for the year ended December 31, 2013. The 2013 financial statements of AOG have been restated to reflect the fact that AOG and Orpheus Group Ltd. came under common voting control on June 26, 2013, and to include the results of Orpheus Group Ltd. from that date. The results for 2014 were impacted by fair value adjustments of $22.8 million and unrealized gains in credit derivatives of $18.2 million. Book value per share at December 31, 2014 was $1,327.28.
American Overseas Group Limited Announces New Directors at Its Subsidiaries
GlobeNewswire - Mon Dec 22, 5:19PM CST
American Overseas Group Limited (BSX:AORE.BH) (Pink Sheets:AOREF.PK) ("AOG" or the "Company" today announced the appointment of directors to its subsidiary companies.
American Overseas Group Limited Announces Acquisition of Orpheus Group Ltd.
GlobeNewswire - Wed Oct 29, 4:30PM CDT
American Overseas Group Limited (BSX:AORE.BH) (Pink Sheets:AOREF.PK) ("AOG" or the "Company" today announced the acquisition of Orpheus Group Ltd. (together with its subsidiaries, "Orpheus", formerly the principal shareholder of the Company, for a combination of common stock and senior notes. Following the transaction, the Company's outstanding common shares increased from 27,492 shares to 42,914 shares, net of treasury stock. The Company also issued approximately $43.9 million of senior notes in connection with the transaction.
American Overseas Group Limited Announces Completion of Reverse Stock Split, Effective October 15, 2014
GlobeNewswire - Fri Oct 24, 3:49PM CDT
American Overseas Group Limited (BSX:AORE.BH) (Pink Sheets:AOREF.PK) ("AOG" or the "Company" today announced the completion of the reverse stock split of the Company's issued common shares (the "Consolidation", effective on the Bermuda Stock Exchange close of market in Bermuda on October 15, 2014 (the "Effective Time".
American Overseas Group Limited Announces Commencement of Tender Offer to Repurchase Any and All of its Series A Non-Cumulative Preference Shares
GlobeNewswire - Mon Aug 08, 1:47PM CDT
American Overseas Group Limited (BSX:AOREF.BH) (Pink Sheets:AOREF) ("AOG"
announced today that it has commenced a tender offer for any and all of its outstanding Series A Non-Cumulative Preference Shares (the "Series A Shares" for cash at a price not to exceed $200 for each $1,000 principal liquidation amount of the Series A Shares validly tendered and accepted by the Company. In order to be purchased in the tender offer, Series A Shares must be tendered (and not validly withdrawn) on or before 11:59 PM , New York City time, on September 2, 2016 (such time and date as may be modified by AOG in its discretion) and accepted by AOG. AOG contemplates that to the extent the holders of Series A Shares decline the tender offer or fail to comply with its terms, the funds set aside for the purchase of their Series A Shares will be applied to other outstanding indebtedness of AOG or its subsidiaries. American Overseas Group Limited Announces Resignation of Director
GlobeNewswire - Fri Dec 18, 3:30PM CST
American Overseas Group Limited (BSX:AOREF.BH) (Pink Sheets:AOREF.PK) ("AORE"
today announced that Steven J. Tynan has resigned as Chairman of the Board of Directors of American Overseas Group Limited and two of its wholly owned subsidiaries, Orpheus Group Limited and American Overseas Reinsurance Company Limited. Mr. Tynan has been a Director of AORE since 1998 and Chairman since 2001. The Board is thankful for Mr. Tynan's service and leadership over the past 14 years. Mr. Tynan will remain a consultant to the Company. American Overseas Group Limited Announces Dividend on Its Class B Preference Shares
GlobeNewswire - Fri Nov 06, 3:30PM CST
American Overseas Group Limited (BSX:AOREF.BH) (Pink Sheets:AOREF.PK) ("AORE"
today announced that the Board of Directors of its wholly owned subsidiary, American Overseas Reinsurance Company Limited ("the Company", declared a dividend on its Class B preference shares of $1,569.00 per Class B preference share. The dividend will be payable on December 16, 2015, to Class B preference shareholders of record on December 9, 2015. RESULTS OF OPERATIONS THROUGH JUNE 30, 2015 - American Overseas Group Limited Announces Net Income of $7.0 Million and Operating Loss of $9.4 Million Through June 30, 2015
GlobeNewswire - Mon Sep 28, 3:30PM CDT
American Overseas Group Limited (BSX:AOREF.BH) (Pink Sheets: AOREF.PK) ("AOG" or the "Company"
today reported consolidated net income of $7.0 million, or $165.63 per diluted share, for the six months ended June 30, 2015. This compares to consolidated net income of $7.0 million, or $254.83 per diluted share, for the six months ended June 30, 2014. On October 28, 2014, the Company acquired Orpheus Group Ltd. ("OGL" for a combination of common stock and senior notes. As a result, the previously reported 2014 consolidated balance sheet, consolidated statement of operations, consolidated statement of comprehensive income, and the consolidated statement of cash flows of the Company have been adjusted to consolidate the operations of the Company with OGL. The results for the first six months of 2015 were impacted by fair value adjustments of $3.4 million and unrealized gains in credit derivatives of $15.3 million. The results for the first six months of 2014 were impacted by fair value adjustments of $11.4 million and unrealized losses in credit derivatives of $2.4 million. Book value per share at June 30, 2015 was $1,532.61. American Overseas Group Limited Issues Supplement Information and Updated Earnings Release Regarding Net Income and Operating Loss for the Year Ended December 31, 2014
GlobeNewswire - Fri Jul 03, 4:47PM CDT
American Overseas Group Limited (BSX:AOREF.BH) (Pink Sheets:AOREF.PK) ("AOG" or the "Company"
today reported consolidated net income of $38.4 million, or $1,797.58 per diluted share, for the year ended December 31, 2014. This compares to a consolidated net loss of $0.3 million, or $16.39 per diluted share, for the year ended December 31, 2013. The 2013 financial statements of AOG have been restated to reflect the fact that AOG and Orpheus Group Ltd. came under common voting control on June 26, 2013, and to include the results of Orpheus Group Ltd. from that date. The results for 2014 were impacted by fair value adjustments of $22.8 million and unrealized gains in credit derivatives of $18.2 million. Book value per share at December 31, 2014 was $1,327.28. American Overseas Group Limited Announces Net Income Of $38.4 Million and Operating Loss of $3.2 Million for the Year Ended December 31, 2014
GlobeNewswire - Tue Jun 30, 4:07PM CDT
American Overseas Group Limited (BSX:AOREF.BH) (Pink Sheets:AOREF.PK) ("AOG" or the "Company"
today reported consolidated net income of $38.4 million, or $1,797.58 per diluted share, for the year ended December 31, 2014. This compares to a consolidated net loss of $0.3 million, or $16.39 per diluted share, for the year ended December 31, 2013. The 2013 financial statements of AOG have been restated to reflect the fact that AOG and Orpheus Group Ltd. came under common voting control on June 26, 2013, and to include the results of Orpheus Group Ltd. from that date. The results for 2014 were impacted by fair value adjustments of $22.8 million and unrealized gains in credit derivatives of $18.2 million. Book value per share at December 31, 2014 was $1,327.28. American Overseas Group Limited Announces New Directors at Its Subsidiaries
GlobeNewswire - Mon Dec 22, 5:19PM CST
American Overseas Group Limited (BSX:AORE.BH) (Pink Sheets:AOREF.PK) ("AOG" or the "Company"
today announced the appointment of directors to its subsidiary companies. American Overseas Group Limited Announces Acquisition of Orpheus Group Ltd.
GlobeNewswire - Wed Oct 29, 4:30PM CDT
American Overseas Group Limited (BSX:AORE.BH) (Pink Sheets:AOREF.PK) ("AOG" or the "Company"
today announced the acquisition of Orpheus Group Ltd. (together with its subsidiaries, "Orpheus", formerly the principal shareholder of the Company, for a combination of common stock and senior notes. Following the transaction, the Company's outstanding common shares increased from 27,492 shares to 42,914 shares, net of treasury stock. The Company also issued approximately $43.9 million of senior notes in connection with the transaction. American Overseas Group Limited Announces Completion of Reverse Stock Split, Effective October 15, 2014
GlobeNewswire - Fri Oct 24, 3:49PM CDT
American Overseas Group Limited (BSX:AORE.BH) (Pink Sheets:AOREF.PK) ("AOG" or the "Company"
today announced the completion of the reverse stock split of the Company's issued common shares (the "Consolidation", effective on the Bermuda Stock Exchange close of market in Bermuda on October 15, 2014 (the "Effective Time". 
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