RE: Decisions25 Oct 2019 10:38
Awesome, we should be picking up over the next couple of weeks I think...
I had this from my broker the other day - charges hopefully negated but CAI growth, I note the advise record date. I wonder if there is some vagueness about record date to try to stop people trying to time things? I guess we could see a big sell off three days prior if peeps were so inclined?
Keras Resources Plc
Demerger
Subject to approval, the company has announced a demerger. Under the terms, Keras Resources Plc shareholders on the register as at 26 November 2019 will receive 1 new Calidus Resources share for every 3.44229 existing shares held.
Once the new Calidus Resouces shares have been issued your account will be updated accordingly. Please note that the shares will be listed on the Australian Stock Exchange, thus it may take up to around 8 weeks for us to receive custody. Once they have been issued to your account the holding will be subject to the following overseas rates and charges:
Trading Commission (minimum of £75 per trade):
First £10,000 of consideration: 1.25%
Next £90,000 of consideration: 0.375%
Balance of consideration over £100,000: 0.275%
Annual Custody Charge: £30 per line of stock
Movement Charge (applied to all movements, including purchases and sales): £50
Full details of the charges can be located online.
Please do not hesitate to contact us if you have any queries.
Kind regards,