Enquest Plc – Open Offer
Corporate action reference: 201601566Please note we must be in receipt of your instruction by 17:00 on 9 November 2016.
This corporate action is an Open Offer.
An Open offer entitles shareholders, who hold on the ex date, the opportunity to purchase more Ordinary shares in the company at a price normally discounted to the market share price, in proportion to their existing holding.
Entitlements from an Open offer are not tradable and therefore an Open offer is only available to existing shareholders.
Within this corporate action you have a series of options of which one is a default. If you wish to select the default you do not need to reply.
If you would like further information about the terminology used in this notification, please visit our Ask a Question site
Record Date: 19 October 2016
Ex Date: 20 October 2016
4 new shares for every 9 shares held.
Option 1: Securities Option
Option 2: No Action (DEFAULT)
IF YOU WANT TO TAKE NO ACTION, OPTION 2, PLEASE DO NOT REPLY.
Please ensure there are sufficient funds available by 17:00 on 9 November 2016. The amount due will be taken from your account within 10 business days of this date. Please be aware that if funds are not available, your CMS account will become overdrawn for a couple of days until, if applicable, your Direct Debit Instruction is cleared and debit interest may be charged.
If you are an ISA or SIPP client your options may differ.