RE: share issue18 Sep 2020 09:06
Hi, for every 9 shares you currently hold, 5 new shares have been reserved/allocated to your account, known as the offer, and might be shown in your account with a code and separate listing to your present holding. If you wish to take up this offer, you will need to have enough funds in your account (12p for every new share), by the stated date (25th from memory?), or give your broker payment details ready, and also give your broker written confirmation by this date that you wish to take up the offer. I cannot say how your broker works, but in my case I got an email explaing the offer details and instructions of what to do if I wish to take up the offer, and a form attached which I need to fill in and return. Your broker might have a different method? I hope this helps, but if any queries, give your broker a call. (Quickly!).