A good sound way of wiping the slate clean so that future direction viz buy in and sell out become soooo much more difficult.
I always see this as a cynical move, however, I'll stay positive!
woooowwwww GREAT RNS
Profits up 51%and LOTS more good news in the RNS
''Our vision remains clear: to be the leading global retailer for parents and young children."
RE: Video interview w/ Ashley Mackenzie14 Apr 2016 21:28
what were they doing before this? seems odd they've settled on this course of action. An expensive trip. Hopefully, the true and faithful will be rewarded eventually.
Sincere apologies if this has been explained previously so just redirect me.
I've received C shares and have been given the three options:
Option 1: You can elect to receive cash in lieu of your C Shares. Should you elect to redeem your holding of C Shares you would receive cash at a rate of 0.1p per C Share. Please note that this is our default option. To elect for this option and receive cash in place of your C Shares you need take no further action. If you take no action £46.35 will automatically be credited to your Vantage SIPP on or around 6 January 2016 and no further confirmation will be sent.
Option 2: You can elect to receive Rolls Royce Holdings Ordinary Shares in lieu of your C Shares. You may participate in the C Share Reinvestment Plan whereby your C Shares are redeemed for cash, as in Option 1 above, and the proceeds used to purchase Ordinary Shares through a special dealing arrangement administered by the Share Registrar.
Option 3: You can elect to retain the C Shares. You may retain the C Shares and we will inform you of any future redemption or conversion opportunities in due course.
My question is what are you people dong. Keeping? cashing in or what?
Gratefully