RR.L 10-to-3 Rights Issue

Does anybody know if Rights issue will be also available through Trading212? If so, who will be eligible? I heard it might be available only UK and passported into, France, Germany, Ireland, the Netherlands, Norway and Spain - see below.


Member States of the EEA (other than the United Kingdom)
In relation to each individual member state of the European Economic Area
(except for the United Kingdom) which has implemented the Prospectus
Regulation (each a relevant member state), no New Ordinary Shares, Nil Paid
Rights, or Fully Paid Rights have been offered or will be offered pursuant to
the rights issue to the public in that relevant member state, except offers of
New Ordinary Shares, Nil Paid Rights, or Fully Paid Rights may be made in that
relevant member state at any time:
• following the notification of the approval of the Prospectus in the United
Kingdom by the FCA to the competent authority in, and passporting of
the Prospectus into, that relevant member state. It is expected that the
Prospectus will be notified to the competent authorities in, and passported
into, France, Germany, Ireland, the Netherlands, Norway and Spain;
• to any legal entity which is a qualified investor as defined in the
Prospectus Regulation;
• to fewer than 150 natural or legal persons (other than qualified investors as
defined in the Prospectus Regulation) in such relevant member state; or
• in any other circumstances falling within Articles 1(3), 1(4) or 3(2) of the
Prospectus Regulation, provided that no such offer of New Ordinary Shares,
Nil Paid Rights, or Fully Paid Rights shall result in a requirement for the
publication by the Company and the Underwriters of a prospectus pursuant
to Article 3 of the Prospectus Regulation other than the Prospectus.
For this purpose, the expression ‘offer of New Ordinary Shares, Nil Paid Rights,
or Fully Paid Rights to the public’ in relation to any New Ordinary Shares,
Nil Paid Rights, or Fully Paid Rights in any relevant member state means the
communication in any form and by any means of sufficient information on the
terms of the rights issue and any New Ordinary Shares, Nil Paid Rights, or Fully
Paid Rights.

First Red Day.

//Bored//

I noticed that today. You reckon big retracement now?

1 Like

Has any of you heard from T212? the deadline for opting in for entitlements under the rights issue will be the close of business on 23 October.

I’ve heard nothing. Anyone else?

Looks like you got your dates wrong to me.

The entry on the LSE about the rights issue seems to show the 23rd of October as the Record Date for Entitlements.

No idea if I’m reading it wrong but what I got is from RR website.

@David
@George

Please can you advise.

The voting to decide whether they go ahead with the RI is on the 27th so surely this is the same date they notify brokers or whoever. Why waste resources building a register for a RI for it only to be denied by the shareholders.

🤷

Have you heard anything?

@Finki

Got this message from Customer Care.
image

2 Likes

Timetable stands

Meeting 27th

Notified shortly after. Watch the RNS output

1 Like

Hi anyone can suggest me about RR right issue

What do you mean???

So Its 11:13 on the 27 October 2020

The Board meeting has come back with an overwhelming yes to the rights issue.

What happens now?

Will T212 contact all shareholders?

I didn’t receive any notification about RR rights. Why is that?

Yeah I haven’t seen anything yet either.

I have not recived anything yet, will it be sent via email or in the app notifications ?

Can someone please merge all RR Rights Issues topics into 1?

I have a notification on the RR page of my app saying “Information for participation in the rights issue will be sent out shortly”. Gonna keep an eye on my E-mails.

Does anyone know the reason for the sudden drop in share price yesterday? Just wondering whether it is diluted following the approval of the rights share?