RE: IAG Barclays17 Sep 2020 09:07
Just off the chat facility. Barclays are using the price in Euros plus a conversion rate and a 5% contingency which will be returned IF the exchange rate remains fixed on conclusion. This simply means in order to buy your allocation, you need to raise even more cash which you may or may not get back. Be aware but please feel free to contact them since I have advised that they should be updating and clarifying the variance in the purchase price AND they should be confirming that it is not matching but a 3 for 2 existing shares. All in.... Barclays have not delivered this at all well!!!