Member Info for knicol46

your new consolidated shares are now worth 1645/30 = 54 new shares @ current price £2.44 = £131 if you held the existing shares on 16 July you would be entitled to 918 nil paid shares which can also be sold @ current price of 94p = £862 (trading under epic code RSLN). Make sure you sell these nil paid rights before 5 August.

Existing shareholders have had thier shareholdings divided by 30 but share price has only been mulitplied by 4! Nil paid shares trade under RSLN epic code

as the shares have risen since the orginal offer was announced the Nil Paid rights price should now be trading at around £1.32 per share not £1.02 :)

On Wed 21 July 2010 the Rights Issue and Share consolidation begins. Assuming 5000 shareholding. 1. Shareholders will have their shares divided by 30 rounded down to give New ordinary shares. The Share Price should also increase by same multiple but theres no guarantee of what this will end up being. The rights issue will also cause the shareprice to drop further. New shareholding will be 5000/30 = 166 new consolidated shares. 2. For the rights issue you will have: 166 (new consolidated shares) x 17 = 2822 nil paid shares. You can either take up the rights to buy more shares: 2822 x £1.50 = £4233 or sell the nil paid rights at the nil paid rights trading price which would be around £2.42 - £1.50 = 92p per nil paid share = giving you 2822 x £0.92 = £2596 (since the deal was made public the share price has risen by around 10p so nil paid share would now be worth around £1.02 per share). The last option is to do nothing and receive the value of any nil paid rights at the end of the nil paid trading period. However theres no guarantee anything would be paid. hope that makes things a bit clearer to anyone :)

The 16.39p dividend would be payable per consolidated shares - 30 OLD shares for 1 NEW consolidated share. "Following the Rights Issue and Share Consolidation, the dividend policy will be to pay an annual dividend of 16.39 pence per Consolidated Ordinary Share." If share price is going up to around £18 after consolidation - dividend is tiny !

Existing share holders are going to lose out big time! OLD shares will be divided by 30! to give NEW shares but the share price is only going to be multiplied by around 4! Massive loss imminent!

The share consolidation will reduce shareholders total shares: 1 NEW share for every 30 OLD however the new consolidated opening price would be increased to around £2.42 as well. RSL will commence trading 8am on either Monday, Tuesday or Wednesday next week.

The share price has been 'temporarily' suspended since Monday 14th June 2010. A potential rights issue looming with further news about the deal to be announced to pay for the purchase of AXA's UK life assurance business. As a shareholder in RSL I know my worth in RSL to be sitting at a massive loss soon.

On 30 Dec 2008 Bella Media was suspended from the AIM market.