Melrose's shareholders approving Melrose's acquisition of Elster for purposes of the United Kingdom Listing Authority listing rules and approving Melrose's rights issue of Melrose ordinary shares in the United Kingdom and the admission of such rights issue to trading, nil paid
, on the London Stock Exchange;
The Cyprus Securities and Exchange Commission has approved the Marfin Popular Bank prospectus for the issue and listing of 976,335,208 nil paid
rights available only in Cyprus, Greece and the United Kingdom.
West Midland automotive components group Wagon (WAGN) has further delayed dealings in nil paid
rights issue that had been due to start on Tuesday.
On small holdings, it can often make sense to take up the rights allocation to avoid the cost of paying a broker to sell nil paid
rights in the market.
Dealings in 134,722,122 new ordinary shares in nil paid
form will commence on
This announcement does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to acquire, the Rio Tinto plc Nil Paid
Rights, Rio Tinto plc Fully Paid Rights, Rio Tinto Limited Rights, Rio Tinto plc Provisional Allotment Letter, Rio Tinto Limited Entitlement and Acceptance Forms or New Rio Tinto plc Shares or New Rio Tinto Limited Shares offered by any person in any jurisdiction in which such an offer or solicitation is unlawful.
Officer and a Director of the Company, sold 23,477 nil paid
4 mln nil paid
rights when trading begins at the price of EUR 0.
With some investors recently reported as aggressively selling bank shares to force the price down, a cheap way to lock in any gains they have made is to buy the nil paid
Alternatively, the nil paid
rights could be sold and/or existing positions in Ultraframe could be realised through the open market.
It is expected that Nil Paid
Rights will be credited to the stock
The securities offered in the Rights Issue, including the nil paid
rights, the fully paid rights, the provisional allotment letters and the new Ordinary Shares, have not been and will not be registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.