Member Info for Maucha

Great, shares that are up 20.59% but this is not CPI.L. so what is the relationship between these and CPI.L. Does this mean Capita shares will sky rocket when markets open in London...forgive my skepticism!

max19 is correct. I would be concerned if the money wasn't taken. The shares should be added to you account prior to the nil paid shares trading as ordinary shares which is 8am on this Friday 25th!

Well it's been regressing this week but I hope it steadys up. It flew past the 130 mark so well but this will be tested now...and our thoughts were racing to 150...damned shares play mind games with us!! :)

Well definitely agree re the 100p merchants but I feel you are getting a bit giddy and the truth lies somewhere in the middle at least for the foreseeable future

MattTheBrave & Abkaz: My broker is just after logging my instruction to exercise my rights for 1950 new shares, my first rights issue, exciting stuff!

Abkaz - Your current shares have been diluted by the rights issue so buying the shares for me is a no brainer. The other sound alternative action is to sell the rights. You will buy the new shares for 70p and the shares are currently trading at 132p so the rights are each worth 62p. Check with your broker, my letter states the following regarding ISAs: If you are an ISA holder who has already fully subscribed for this tax year, please bear in mind that you can no longer make additional cash contributions. Therefore, if you wish to take up the offer, and your account does not contain sufficient cash, you can only do so under our nominee name, hence a valid nominee account must be open. If you do not currently have such an account please contact us to open one prior to our instruction deadline. If you are an ISA holder who has not subscribed in the previous tax year, please note that you are required to complete a further ISA application form in order to make additional cash contributions.

I have no idea but contact your broker/share dealing service. I need to give my crowd instructions to exercise the rights by the 21st, someone else here is by the 22nd so don't hang around!

I have no idea but contact your broker/share dealing service. I need to give my crowd instructions to exercise the rights by the 21st, someone else here is by the 22nd so don't hang around!

Cheers chaz44, just check and it's Monday 21st so I will exercise those rights this week.

jazz_01 What about option 3...sell the rights. The rights alone to the new shares are currently trading at 56p so letting the rights lapse, you might get some cash back but you could sell these valuable rights now!

Ah no surely it's the 24th May....."The latest time and date for acceptance of and payment in full for the New Shares by holders of the Nil Paid Rights is expected to be 11.00 a.m. on 24 May 2018". Does that not mean we have until then? Even though I wouldn't leave it to the last day!

Thanks HeresHopin, yeah they showed up on my account a short time after. The shares and rights are ticking away nicely!

Hope this is now visible on your share dealing account!

I'm with Jarvis IM and the same applies, no price and no CPIN showing in the look up. I would contact the share service but I don't intend to sell the rights. I won't be able to exercise the right online but I can do so by e-mail instruction to them directly.

patelmo, glad to hear some positivity, in short supply around here!

Of course the share price is diluted and if people cannot calculate their position, they should not be buying shares. I know at the current price 122p, I am exactly at the same position as had I sold the tranche at 200p (to the penny). I know some people here are hoping to buy in at 100p or lower but there is a chance that the price will rise also. At my buying price, I am still in profit so we will see how things pan out. As long as Capita survives, I think I will be okay.

That's a very good approach to take and clearly it suits you. I sold some shares last week and took profit but I held on to the majority. Unlike you, I wanted to participate in the rights issue rather than watch from the sidelines with no skin in the game. The lowering the average comment, I think, refers to people who have invested at a higher price and want to average down the cost per share. Of course, I could sell all the shares and take a profit but I hope for an increased ROI in the short-term and I don�t expect to have most of my capital tied up for years although I want to keep some shares for the longer term. I certainly can�t see another recovery stock at the moment as an alternative to Capita.

Uksteveg, thanks. I've a Jarvis IM account so nothing showing so far but I know it will and I don't intend selling any of the rights...so I'm fairly relaxed.

Thanks HeresHopin, I bought in a relatively low price and I have taken some profit already so things are ticking along nicely.

@HeresHopin, don't worry about the typos, thanks for the information as I also hold Capita shares even though I'm fairly certain I will take up my rights in full, it's good to read up on this as there is not a huge amount of specific Capita info available (unless I'm looking in the wrong place). How long do you think before the Rights usually show on a share dealing account?