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Rolls Royce Rights Issue
Comments
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I will probably just buy the full allotment of 1573.1
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I'm in the same boat with RR and just trying to get my head around it. At the moment I have 3719 paid up shares, with the offer to purchase 12396 nil paid shares at 32p per share.
If I elect to sell just my nil paid shares (Option 2), I'm presuming that they will only sell the 12396 shares, and I still keep the original 3719 shares? That will then reduce my original financial investment in RR by whatever I can get for the nil paid shares?
Is that right?1 -
I managed to miss the deadline for making a decision and so have defaulted to option 3 - do nothing and wait for rights to be sold in bulk.Does anyone know if / when this has happened, and whether I'll get anything?I only had rights to 225 shares - I'm expecting somewhere between nothing and not a lot!0
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Barely two weeks since the offer closed. Sit back and await a cheque. You'll receive something!0
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I got my new share certificate yesterday so you should not have long to wait.0
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