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TUI Rights Issue.
in IG Trading Support - Dealing Questions
Posted
Hi all,
I'm looking for some advice regarding the recently announced TUI rights issue. I'm currently a shareholder, and therefore have been given the option to buy additional shares as a result of the rights issue.
A couple of people have mentioned to me that it is likely I will have to keep hold of those additional shares (should I purchase) for a designated period of time, and would be unable to sell until that time, if I was looking to do so. However, I can't seem to find any mention of this in either the IG communication I received or anywhere else.
Dees anybody have any confirmation as to whether this is true, and if so what the date that I would have to hold the shares to is please?
Many Thanks.
.