LON 0.00% 13.0¢ longtable group limited

LON - Chart, page-9

  1. 858 Posts.
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    Yep. You’ll get a Share Purchase Plan booklet in the mail with all the details. Typically the terms allow you to subscribe for certain levels of shares - eg $2k, $5k, $15k. The company will usually scale back if the total subscribed for exceeds their cap ($2m for LON). The terms of the scale back will be described in the SPP booklet, but typically if you held a large number of shares on the record date you will get allocated more. It’s not always done this way - sometimes they just give the same number to each participant in the SPP.

    And just to reiterate, you had to have held shares before the announcement of the raising in November. New shareholders after that announcement aren’t eligible to participate
 
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Currently unlisted public company.

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