RE: RE: Jarvis IM21 Nov 2019 10:09
I think no one really understands and many see it as a stock dividend type situation.
However the RNS states:
"Eligible shareholders will be entitled to receive 1 Calidus Share for every 3.451963 New Ordinary Shares registered in their name on the record date, which has been confirmed to be 6.00 pm on 19 November 2019"
so as long as you had shares in your name, at that time, presumably fully settled, then you should receive the distribution
I am not sure any further interpretation can be applied to be honest?