RE: Ignoramus25 May 2018 13:13
I don�t understand the �cashless transfer� bit but if you exercised your nil paid rights, meaning you paid 70p for each right to a share, then these are fully paid rights and that number of shares will be added to you account. You will have the original shares and additionally the new allocation of shares. So lets say you had 1,000 shares and you have exercised your right in full, you will have an additional 1,500 shares so you total share holding will now be 2,500. All shares now have the same status.