easyJet Rights Issue September 2021

When will T212 notify me of my entitlement under the rights issue posted on 9th Septemebr 2021 ?
6. Expected timetable of principal events
Board meeting to approve the Rights Issue and the Prospectus Wednesday 8 September
2021
Record Date for entitlements under the Rights Issue… 6:00 p.m. on Wednesday 8
September 2021
Approval of the Prospectus by the FCA … Thursday 9 September 2021
Announcement of the Rights Issue… Thursday 9 September 2021
Publication of the Prospectus… Thursday 9 September 2021
Date of dispatch of Provisional Allotment Letters or CSN Forms
of Instruction (to Qualifying Non‐CREST Shareholders only)…
Friday 10 September 2021
Admission and dealings in the New Shares, nil paid, commence
on the LSE and Existing Shares marked ex‐Rights…
8:00 a.m. on Monday 13
September 2021
Nil Paid Rights credited to stock accounts in CREST (Qualifying
CREST Shareholders only)…
As soon as practicable after
8:00 a.m. on Monday 13
September 2021
Nil Paid Rights and Fully Paid Rights enabled in CREST… As soon as practicable after
8:00 a.m. on Monday 13
September 2021
Latest time and date for receipt of instructions from Qualifying
Non‐CREST Shareholders in respect of Cashless Take‐up or
disposal of Nil Paid Rights under Special Dealing Service…
5:00 p.m. on Friday 17
September 2021
Recommended latest time and date for requesting withdrawal
of Nil Paid Rights or Fully Paid Rights from CREST (i.e. if your Nil
Paid Rights or Fully Paid Rights are in CREST and you wish to
convert them into certificated form)…
4:30 p.m. on Tuesday 21
September 2021
Expected date for the sale of the relevant Nil Paid Rights in
relation to Cashless Take‐up or sale instructions under the
Special Dealing Service…
By Tuesday 21 September
2021
Latest time and date for depositing renounced Provisional
Allotment Letters, nil paid or fully paid, into CREST or for
dematerialising Nil Paid Rights into a CREST stock account (i.e. if
your Nil Paid Rights or Fully Paid Rights are represented by
Provisional Allotment Letters and you want to convert them to
uncertificated form)…
3:00 p.m. on Wednesday 22
September 2021
Expected settlement of dealings in relation to Cashless Take‐up
or sale instructions of Nil Paid Rights under Special Dealing
Service…
By Wednesday 22
September 2021
Latest time and date for splitting Provisional Allotment Letters,
nil or fully paid…
3:00 p.m. on Thursday 23
September 2021
Expected date of despatch of cheques in relation to proceeds of
Cashless Take‐up or disposal of Nil Paid Rights under Special
Dealing Service…
By Thursday 23 September
2021
Latest time and date for acceptance, payment in full and
registration of renounced Provisional Allotment Letters…
By 11:00 a.m. on Monday 27
September 2021
Expected date of announcement of results of the Rights Issue
through a Regulatory Information Service announcement…
By 8:00 a.m. on Tuesday 28
September 2021
Dealings in the New Shares, fully paid, to commence on the
LSE…
By 8:00 a.m. on Tuesday 28
September 2021
New Shares credited to CREST stock accounts (uncertificated
holders only)…
As soon as reasonably
practicable after 8:00 a.m.
on Tuesday 28 September
2021
Nominee Service accounts credited with New Shares… Tuesday 5 October 2021
Expected despatch of definitive share certificates for New
Shares in respect of the Rights Issue in certificated form (to
Qualifying Certificated Shareholders only) and premium
payments (if applicable) in respect of Nil Paid Rights not taken
up…
By Tuesday 12 October 2021
Expected despatch of Nominee Service statements for New
Shares in respect of the Rights Issue…
By the end of October 2021

3 Likes

Hey, :wave:

We are waiting for confirmation from our execution intermediary about the event. Once we have such, this will be the first thread to update on the matter.

When it comes to similar events, we are informing eligible shareholders via a notification that includes all essential details. There’s a piece of additional information in the article here from our Help Centre.

1 Like

cant see it in the text, but what is the proposal. Is it the usual offer to buy shares equivocal to what you already hold?

Sorry if this is posted somewhere else.

31 for every 47 owned.

Sold at 410p

I think

1 Like

if you have maxed out your ISA allocation can you take up the rights issue shares on your investing account?

What’s going on T212? This rights issue was well publicised. Why haven’t you sorted this out yet? There is only 3h of open left!

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Any idea on what is happening here? Have yet to have any update from Trading212 regarding the shares issued.

You are correct. The full listing can be seen Fully underwritten rights issue - 07:25:01 09 Sep 2021 - EZJ News article | London Stock Exchange

You will need to free up funds to buy the shares offered to you. You will be offered 31 shares for every 47 you own at 410p. This will be rounded down to the nearest whole number of shares if i’ve read the submition correctly.

Did anyone get an update, did you get to take part in the rights issue? I never got an update.

Do we not have until Friday ?

Latest time and date for receipt of instructions from Qualifying Non-CREST Shareholders in respect of Cashless Take-up or disposal of Nil Paid Rights under Special Dealing Service…

5:00 p.m. on Friday 17 September 2021

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I hope so!

There was also the 27th mentioned as well.

SOOO, has anyone had an update yet? notification of rights issue posted to them from Trading 212?

Still no sign. Any idea when we will get this notification? Other brokers were ready to go at 8am yesterday.

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Anyone had an update yet? Is it too late to take part in the rights issue? What’s going on, every other broker had this sorted out…

Would like an update too please? also, I don’t own 47 shares. I only have 20. Does this mean I dont have an option in this scenario?

Thanks

Scott. You should get offered 13 shares. How? (20/47)*31 rounded to the whole number of shares. According to the prospectus you will only get whole shares as part of the rights issue.
Lets hope T212 make an announcement soon.

1 Like

Thanks for the explanation :+1:

I’d like to add to this position even if its in small amounts :grin: my average is p480.5 currently, every little helps :slight_smile:

Anyone got any opinion on whether this is worth it?

Taking into account dilution you’re still getting a discount?

Hey, everyone :wave:

We just received a green light for the event. Shortly, we’ll send a notification about the rights issue to all eligible shareholders.

@Holdon, the transfer of rights between accounts is not supported by the platform, as of yet. Be that as it may, you’ll still have the chance to participate in the event based on the number of shares held on the record date in your ISA.

What’s more, even if you’ve exceeded your ISA allowance, proceeds from this event will not count towards it.