RE: Hyve shares RI explanation in layman terms5 Jun 2020 07:39
Hi WG213,
Thank you for your post(s). Rather useful.
Quick couple of questions:
My broker is IG - they’ve confirmed their RI deadline is 8 June.
I have expressed interest to take up my rights, which they have acknowledged.
1. When will they allocate these rights to me and will they simply deduct my payment from cash I have on my account?
2. Am I correct in understanding if you have say 1,000 new shares through your rights, that will cost £690?
Thanks.