TAIHUA Plc - Open Offer
Corporate action reference: 201601278
A new corporate event has been announced on the above security for which you have a holding.
Please note we must be in receipt of your instruction by 17:00 on 9 September 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: 22 August 2016 (17:00)
Ex Date: 25 August 2016
1 new share for every 3.00300641 shares held
Subscription price per new share: GBP 0.0263
Option 1: Securities Option
To reply to this event, please use the below link stating which option you would like to take.
Option 2: No Action (DEFAULT)
IF YOU WISH TO TAKE NO ACTION, OPTION 2, PLEASE DO NOT REPLY.
Please ensure there are sufficient funds available by 17:00 on 9 September 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.
Overseas residents should consult their professional advisers as to whether they require any governmental or other consents or need to observe any other formalities to enable them to participate in the offer.
By accepting the offer, you will be representing to us that local laws and regulatory requirements have been complied with, including the obtaining of any governmental, exchange control and other consents that may be required and the payment of any issue, transfer or other taxes or duties due in that jurisdiction.
Please note that this page does not constitute investment or tax advice. If you are unsure of what option to take, or if you are in any doubt as to your tax position, please contact your financial advisor.
If you are an iISA or SIPP client your options may differ.