open offer7 May 2019 17:22
Just thought I should point out the difference between an open offer and a rights issue.An open offer is similar to a rights issue but it is only possible to take up or let an open offer entitlement lapse.Whereas it is possible to trade or transfer a rights issue entitlement in addition to taking it up or letting it lapse.We as sxx share holders are being have received an open offer.