RBS Shares Rights Issue

chambta

Had all sorts of info through and can just about make sense of it.

Tempted to buy them at the offered price of £2 but can't seem to find out if I get any recompense for NOT buying them and the right being taken up by someone else.

Anyone who knows the facts be delighted to know!

poppy10_2

http://forums.moneysavingexpert.com/showthread.html?t=914855

debbie42

poppy10 wrote: »

http://forums.moneysavingexpert.com/showthread.html?t=914855

That's the B&B thread. Lots of rights issues around at the moment! There's an RBS discussion here.

My understanding is that if you don't take up the rights, or sell your rights yourself beforehand, then they are sold on your behalf and you get the money from that.

imho

I have just wrote the cheque out for the full amount i am entitled to .They are only £2 a share they have to be worth more than that in 1-2 years .

anna42hmr

i have too, though its less than i thought i would have to pay out due to how i got the shares (sharesave and profit share) as one batch i dont have to pay for the plan owners are selling a certain amount to cover the costs and i get the rest

[Deleted User]

we have taken them up too. Good value and nice to tuck away

ad44downey

imho wrote: »

.They are only £2 a share they have to be worth more than that in 1-2 years .

That's the sort of thing people said about Northern Rock, Marconi, etc. It's £2 too much in my opinion. Good luck

royeee

debbie42 wrote: »

That's the B&B thread. Lots of rights issues around at the moment! There's an RBS discussion here.

My understanding is that if you don't take up the rights, or sell your rights yourself beforehand, then they are sold on your behalf and you get the money from that.

This is the previous thread on the RBS rights issue:
http://forums.moneysavingexpert.com/showthread.html?t=886385