We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Rights Issue when shares are held in a SIP
danielinto
Posts: 46 Forumite
Hi,
I work for Abbey and today it has emerged that Santander are going to arrange for a rights issue.
Does anyone know how this would affect any fee shares, partnership shares and dividend shares that I hold withing a Share Incentinve Plan?
Would I be able to take part in the rights issue and buy more shares at the 4.5 euro price that has been announced? Can I do this net of income taxt (ie. buy more partnership shares with money out of my payslip at this price)
Any comments on how this works would be very appreciated.
Thanks
I work for Abbey and today it has emerged that Santander are going to arrange for a rights issue.
Does anyone know how this would affect any fee shares, partnership shares and dividend shares that I hold withing a Share Incentinve Plan?
Would I be able to take part in the rights issue and buy more shares at the 4.5 euro price that has been announced? Can I do this net of income taxt (ie. buy more partnership shares with money out of my payslip at this price)
Any comments on how this works would be very appreciated.
Thanks
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards