Member Info for SUFCESSEX

Thanks

As they say

Every days a school day ....lol

Ted, Thanks for the correction

I just was saying the any shares not taken up under the right issue are sold on the open Market buy the underwriters.

Good to see the share rise today for holders.

I was only looking to buy in around the Rights issue prices as I am trying to re- build a my share Portfolio , looking at todays price 866p I see no Capital gains for new investors

If pre Rights Issue to share prices was around 1000p mark, personally I cannot see me investing here as, I must add the 30% dilution into consideration. after the Rights issue IMHO 700p is new 1000p old money.

I am happy to stay in cash for a few months and wait for better prices on the FTSE 100 stocks

They say 7 days in polities is long time, well; they should buy shares .

Good luck all :-) I wish you all well

Depends on the rump

If the underwriters are left with buying rights shares at the rights price and the share price is above 645p

They will be looking to sale the unwanted shares, it's pure profit and they are getting double bubble in fees and capital gains on the underwritten shares.

I would wait for the FTSE to slip a little to below 7800 before buying IMHO

Personally I would wait at least till ex-dividend here before considering start building a position IMHO

Its going to be a long Summer folks IMHO time on our side ....

Getting exciting on here now

Longtimeinvestor is now taking on Pokerchips .... love it

IMHO All three: Longtimeinvestor / Fleecy/ Pokerchips are all good posters to have on any Board

Don't you mean 7 quid ;-)

Ex -dividend will take 50p off the price IMHO

Ok honestly

Interested buyer here , dividend is a side play not interested. TBH as the price will drop accordingly

I will buy in here in if the price is right 600p

FTSE 100 is to hot for the moment for any gains here...

Have played a blinder here with the rights issue

Have managed to find raise on yearly highs

I feel this could possibly go below the Rights Issue price over the next few months, as we know Summer months can be a tough time holding shares. IMHO

I add the word ''Rump'' to add to any confusion here ..lol

Mr-O

Are looking at buying back ?

Next few weeks / months will be interesting

I will be looking in here regularly

Maybe 500p to 700p buy here in September time IMHO

I just looked at the shares in issue around 3.250,000,000

So the Rights issue is adding adding another 1,085,448,980 more shares today

That's massive amount and they pulled this of at the yearly highs hence the rush before the Summer sell off IMHO

RNS this morning

National Grid plc ("National Grid" or the "Company") announces that, pursuant to the Rights Issue announced on 23 May 2024, 1,085,448,980 New Ordinary Shares will be admitted, nil paid, to listing on the premium segment of the Official List of the FCA and will be admitted, nil paid, to trading on London Stock Exchange plc's main market for listed securities at 8.00 a.m. today.

The Record Date for entitlements under the Rights Issue was the close of business on 20 May 2024. Provisional Allotment Letters have been posted to Qualifying Non-CREST Shareholders (other than, subject to certain limited exceptions, Qualifying Non-CREST Shareholders with registered addresses, or who are resident or located, in any of the Excluded Territories). CREST stock accounts of Qualifying CREST Shareholders (other than, subject to certain limited exceptions, Qualifying CREST Shareholders with registered addresses, or who are resident or located, in any of the Excluded Territories) are expected to be credited with Nil Paid Rights in as soon as practicable after 8.00 a.m. today.

Capitalised terms used but not otherwise defined in this announcement shall have the meanings set out in the Prospectus, which is available on the Company's website at: www.nationalgrid.com.

QUOTE

I will carry on posting the buyback updates

UNQUOTE

Good Man :-)

Also received mine at HSBC :-)

Just won £100

Save it for Bingo

Hahahaha

Thanks hardup for this you Legend

We are lucky to have you in this board

No wins yet at Mecca bingo Southend :-)

Beer going down well

Hi Chips

No not included the 1.84p Dividend next week :-)

Hi Sean, I thinking of selling 50% and hoping to buy back lower again when she goes lower again , I really don't want to be caught out again here :-)

And I have finally Broken even on my Lloyds Banking Group shares after 4.5 half years

Massive buy at 63p in December 2019 after the Conservative victory led by Boris only to see Lloyds Banking Group share price tumble to low the 20s due to Covid within 3 months / cancelled Dividends

With topping up and re-investing any spare cash I had managed to bring my average down to 55.50p

Now I got some big decisions to make going forward from now :-)

One certainty I don't want to be sitting on a losing trade for another 4.5 years blimey

See Patience is a virtue fellow Black Beauty investors , shares go down , shares go back up :-)

Going to Bingo tonight for a few beers with the Mrs and will give her the good news :-)

Sorry must be a pain to hold a " short long term not " bigger "

Bloody auto spell