# Petrofac (PFC) Open Offer

**URL:** <https://community.trading212.com/t/petrofac-pfc-open-offer/52155>\
**Category:** 📊 Investing\
**Created:** [October 27, 2021, 1:56pm UTC](https://community.trading212.com/t/petrofac-pfc-open-offer/52155 "2021-10-27T13:56:21Z")\
**Posts on this page:** 8\
**Page:** 1

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**Author:** ![JCB](https://avatars.discourse-cdn.com/v4/letter/j/b77776/32.png) [@JCB](https://community.trading212.com/u/JCB)\
**Post date:** [October 27, 2021, 1:56pm UTC](https://community.trading212.com/t/petrofac-pfc-open-offer/52155/1 "2021-10-27T13:56:21Z")

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Petrofac (PFC) have announced a Firm Placing, Placing and Open Offer:

[https://www.londonstockexchange.com/news-article/PFC/petrofac-limited-completion-of-bookbuild-for-firm-placing-and-placing/15188099](https://www.londonstockexchange.com/news-article/PFC/petrofac-limited-completion-of-bookbuild-for-firm-placing-and-placing/15188099)

Can existing PFC holders expect to receive communications on this shortly?

Many thanks.

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**Author:** ![Bogi.H](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/bogi.h/32/23576_2.png) [@Bogi.H](https://community.trading212.com/u/Bogi.H)\
**Post date:** [October 29, 2021, 8:30am UTC](https://community.trading212.com/t/petrofac-pfc-open-offer/52155/2 "2021-10-29T08:30:51Z")

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Hey, 👋

As of this moment, we’re still awaiting further information from our intermediary on how they plan to handle the event. As soon as we receive more information, we’ll make sure to update you accordingly.

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**Author:** ![Jamal0209132](https://avatars.discourse-cdn.com/v4/letter/j/77aa72/32.png) [@Jamal0209132](https://community.trading212.com/u/Jamal0209132)\
**Post date:** [November 1, 2021, 12:55pm UTC](https://community.trading212.com/t/petrofac-pfc-open-offer/52155/3 "2021-11-01T12:55:46Z")

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Any news? All the other major trading platforms have notified their clients of the share placings, why is trading212 taking so long?

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**Author:** ![Dao](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/dao/32/20739_2.png) [@Dao](https://community.trading212.com/u/Dao)\
**Post date:** [November 1, 2021, 12:59pm UTC](https://community.trading212.com/t/petrofac-pfc-open-offer/52155/4 "2021-11-01T12:59:45Z")

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@Jamal0209132 for exactly the reason listed above. T212 have to wait for IBKR to contact them about each event regarding options.

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**Author:** ![B.E](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/b.e/32/12286_2.png) [@B.E](https://community.trading212.com/u/B.E)\
**Post date:** [November 2, 2021, 3:15pm UTC](https://community.trading212.com/t/petrofac-pfc-open-offer/52155/5 "2021-11-02T15:15:26Z")

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Afternoon everyone 👋

In a few minutes, all eligible shareholders will receive an in-app notification with a participation offer regarding the upcoming Rights Issue (Open Offer) of Petrofac Ltd. All of the necessary details surrounding the event will be available there, however, we remain at your disposal if you have further questions.

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**Author:** ![wvaidasw](https://avatars.discourse-cdn.com/v4/letter/w/4491bb/32.png) [@wvaidasw](https://community.trading212.com/u/wvaidasw)\
**Post date:** [November 15, 2021, 10:24am UTC](https://community.trading212.com/t/petrofac-pfc-open-offer/52155/6 "2021-11-15T10:24:28Z")

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Good morning,  
Could you please tell me when Petrofac open offer shares will be added to our account?

Thank you.

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**Author:** ![B.E](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/b.e/32/12286_2.png) [@B.E](https://community.trading212.com/u/B.E)\
**Post date:** [November 15, 2021, 2:50pm UTC](https://community.trading212.com/t/petrofac-pfc-open-offer/52155/7 "2021-11-15T14:50:00Z")

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Hey @wvaidasw👋

The due shares will be allocated to each eligible shareholder account within the span of the next few days. I’ll make sure to update the thread in due course.

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**Author:** ![B.E](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/b.e/32/12286_2.png) [@B.E](https://community.trading212.com/u/B.E)\
**Post date:** [November 16, 2021, 10:14am UTC](https://community.trading212.com/t/petrofac-pfc-open-offer/52155/8 "2021-11-16T10:14:30Z")

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The due shares from the rights issue have been distributed to all eligible shareholder accounts.✅
