Member Info for thechancers

easyJet recently announced plans to raise capital from existing investors through a rights issue trading period, which starts on 13 September 2021 (the ex-date of the offer).

This gives you the chance to buy new shares for the reduced price of £4.10 until our deadline date – 21 September 2021 at 4.30pm (UK time). You’ll be able to subscribe to 31 new shares for every 47 shares previously held.

This offer has implications if you have rights positions on the ex-date (13 September 2021) – learn how to get your preferred outcome below.

How this affects your entitlement:

You have a number of options depending on the original trade on your account.

If you have rights booked on your account, you can:

¦ Take up the rights issue by replying to this email (corporate.actions@ig.com) before the IG deadline, quoting your account ID and stating your wish to take up the rights
¦ Take no action and let the rights lapse - this is IG’s default option for clients
¦ Trade out of the rights by logging in to the platform and trading out of the positions accordingly by 4.30pm (UK time) on 21 September
You’ll need to make your decision by 4.30pm (UK time) on 21 September – otherwise your entitlement will lapse by default. If you hold rights on multiple accounts, please reply to this email and state the relevant account IDs on which you wish to take up the rights. You'll also need to do this if your ISA is at the maximum allowance – please confirm that you'd like the new shares transferred to your share dealing account.

If you hold shares in a share dealing or ISA account, please ensure the relevant one is adequately funded with settled cash before the IG deadline date and maintained beyond 28 September – when the new shares will be expected to be booked on your account – or this election will lapse by default and no reminders will be sent. The monetary risk of the trade will remain the same. We’ll also remove all working orders on easyJet before the market opens on the ex-date.

Rights issue cost example

How many new shares can I receive if I had 1000 easyJet shares originally on close of business the day before the ex-date?

¦ You will have 659 rights booked on the account on ex-date 13/09/21
¦ If you take this offer up you will receive 659 new easyJet shares booked at an opening price of £4.10 (subscription price) after pay date (28/09/21)
¦ The cost to take up these rights will be 659 × £4.10 = £2701.90 and would need to be settled cash on the relevant account by the deadline date

Thank you Mary for checking my Sums

Mary, Great information that your giving out and i have been digging for info But with little luck
Last week I bought 100 shares at £8 a share, So i paid £800 plus costs .

I will be taking part in the rights issue since i don't hold much stock, I am just trying to work out the numbers, Would i be correct that i will be offered 65 shares at a total price of £262 making my total holding of shares 165 at a cost of £1062 with a average SP of 646.
Thank you for checking these over, I would imagine that IG will give me the option to buy these on the platform

The up to 10millon deal from December RNS, how much was it really worth.
James draper was really happy with this deal along with other deals that he was setting up.

Many now wish including me that they had listened to TW, we would have been so better off.

Well, If you think Helx is the idiot, What does that say for the drop in SP, All those selling must be mad , Not many buying, Speaks volumes

RichTheNewbie , Maybe you should look back on past interviews that captain disaster did .... I was expecting to see this up to 10 million contact have an effect, but can't see it.

Well the CEO knows how to tell a story.
Not sure why everyone is getting excited regards the numbers **** poor if you ask me and yet share holders are footing the bill.
Gross profit 282,827
Operating loss (3,633,047)

Not good reading and the money will run out again.
Its not the money marking machine that JD said it was going to be , IS IT

So guile, you have never seen or heard from the CEO of a company that your invested in which speaks volumes about yourself. Maybe you need to look at past interviews from 2019 or if you really want to see the CEO, he will be at the next Norwich city match spending your money. He won't even comment on RNSs anymore, Andrew house has banned him from making a fool of himself

Gulie, Maybe you were not invested in December 2019 when he looked after his city mate's the day after the results with the up to 10 million deal.

Last year these were on the 18th August, if the numbers were that good, I think we would have known before now, looking more like Xmas 2019 when he held back as long as possible and what a Xmas that was.

Good luck to anyone buying today, bare in mind what happened after the last time the share price went up after those TR1s , what is more important will be the results update when ever that maybe, maybe these 2 deals are to cushion the blow to any bad trading update, we know how the CEO work's. I need to see the results before I buy anymore shares

Just remember, No comment from Bab****, Normally a company would say that no talks are taking place of a takeover if the SP is going up, we have had nothing from Bab**** which is good to hear, so chance's are , something is going on.

i am still down on Bab**** after getting spiked last year and refused to buy more and i am not selling.

Bottomzup, if you look at today's share price, I would rather believe helx than yourself, looking back at your ramping, I don't think you have matched helx on predictions.
I am waiting for the results and I might just buy my shares back that I sold at 12p

You cannot fault helx , doesn't matter if he holds shares or not, if he was a betting man on guessing the future of the share price, he would be a rich man.

What's disappointing is the CEO , he ramped bids at 30p stating that the share price would be 20 times while at the same time, his fans were asking how he liked his toast in the morning

What ever next, a partnership with marbles. Still waiting for the results

On another note, noted no comment from Captain disaster draper. He must be right peed off hence the low profile. 18 months since he was last seen.

Old saying about tomorrow, it never comes, but delays in results mean a lot of doctoring with the hope of good news, but no good news could wipe a good few % of the opening price.

I cannot see anything positive from the results, but it's always worth a punt if you can find the bottom because there is always someone willing to buy on good news to spike the price up

I was going to buy a few shares this morning, But then listened to JW's latest podcast "Mistakes are only mistakes if you don’t learn from them. Otherwise it’s a lesson"

Looking back over the last 2 years , JD has failed on a number of points and maybe JW is correct about not giving a company a second chance.

The only thing Bids have going for it at the moment is the 10 million from the last placing and a huge dilution to share holders.
My issue , I do like the tech , But to years on and what have Bids got to show for it, Sponsorship for Norwich football team and a few games.
I think i will sit on the sidelines and see what is in the results before placing my bet.
BTW , Have you looked at Bids Investor pages, Looks very amateur now and could not find the info on when the results are due.

Good luck on Results

What day are the results going to be out, do bidstack have a date?

GRH , Maybe the idiots are the ones still holding after seeing the SP go to 22p, Did you sell any of your shares , I guess not !!!!!

PRD is now a pure gamble, You pay your money and take your chance, Listen to no one ramping the stock or you might end up been out of pocket like the ones listening to GRH all the way up to 22p and didn't sell out.