Anyone got this message?14 Apr 2024 22:02
Description Consolidation-Issue New Stock
Notes Following the consolidation, shares were removed from accounts on the 10th April 2024.
IMPORTANT NOTE - If you have any questions or queries regarding this event, please send us a secure message and ensure you quote the following in the ‘Subject’ field: CORPORATE ACTION - DeepMatter Group Plc- 9794021
Updated: 12/04/24
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DeepMatter Group Plc has announced a consolidation through which your existing shares will be exchanged for a smaller number of shares. The share price is expected to rise to reduce the impact to the market value of your shares.
Under the terms of the consolidation, your account will be credited with 1 new share in replacement for every 1,000,000,000 shares held.
Please note, no fractional shares will be issued as a result of the consolidation and your shares will be rounded down. Cash proceeds will not be issued for any fractional shares.
Due to your holding being fewer than 1,000,000,000 shares, the rounding down process will result in your entitlement being zero ordinary shares. Therefore, you will cease to hold any shares in DeepMatter Group Plc.
The consolidation is subject to shareholder approval.
To view the notice in full, please contact AJ Bell.
Further updates will be released up on receipt.
Please copy and paste the below FAQ link into your web browser for more information on corporate actions:
https://www.ajbell.co.uk/sites/ajbell.co.uk/files/AJB_Corporate_action_FAQs.pdf
IMPORTANT NOTE - If you have any questions or queries regarding this event, please send us a secure message and ensure you quote the following in the ‘Subject’ field: CORPORATE ACTION - DeepMatter Group Plc- 9794021