[EasyJet Rights Issue]

Thanks a lot. It's a crazy system but I can understand it better now!

[EasyJet Rights Issue]

Appreciate your help @AndaIG. Sorry for the bother then but this is a bit new to me can you confirm my understanding...

At Close on Wednesday I held 1000 shares
During Trading Thursday I sold 1000 shares
During Trading Friday I bought 1030 shares (due to the price fall I picked up more shares)

From your posts I believe that as I held shares on Wednesday I am entitled to participate in the rights share and the amount of 'rights' I am entitled to is 1030 because that is what I currently hold (and will not be selling)

Thanks again for your help

[EasyJet Rights Issue]

Hi @AndaIG

Can I check then. The shares that I owned on Wednesday do not matter with regard to the rights issue. Only the shares that I hold going into trading on Monday will be entitled to the rights regardless on when they were purchased?

Thanks

[EasyJet Rights Issue]

Afternoon all,

I was hoping someone here could clarify some conflicting information I am receiving about the EasyJet rights issue. It was my understanding that if you held a position in EasyJet as at 6pm Wednesday 8th September that you would be able to take part in the rights issue. However I have just received this response from IG support:

Quote

If you hold a Easyjet position on the close of business 10/09/21 then we will book the new rights on your account on the Ex-Date 13/09/21.

This has me worried as I offloaded some of my shares in easyjet yesterday - under the assumption that the timeline provided on EasyJet's corporate site was correct.

Record Date for entitlements under the Rights Issue 6:00 p.m. on Wednesday 8 September 2021

Thanks in advance