RE: Likely Time Frame if T/O15 Mar 2020 14:04
LS - There are various options, depending what route is taken by the BOD
1( Sale of MT RNS will state what the offer is and BOD will decide at a later stage what they will do with proceeds...i.e what Div to pay and when. It will have date, as to when you should have held the shares and until when you must hold the shares.
2) Sale of the Company again will be via an RNS, which will have the offer price and shares will start trading. Shares will start at the offer price or little above, if the Market thinks there will be a counter offer. At this stage one can sell the shares at the current price at that time. Funds will be avail straight away for you to start using them to buy shares or wait 3 days(IG Account Holders), when you can withdraw to your account.
3) If only MT is sold, you will be allowed to hold EUA shares.
I hope this help and if any one think, this is not correct, they are free to post.