Ann: Institutional Entitlement Offer Completion, page-38

your entitlement will be (or will show shortly) as PBHR in your share trading account. This represents your entitlement to the share purchase plan.

e.g. if you had 9 PBH shares, you should have 1 PBHR share in your portfolio now (might take a couple of days for different brokers ro show). This PBHR share represents your eligibility to take up the capital raise offer, thwir are 3 options from here:

1. participate in the capital raise - you will get a form in the mail outlining how to participate, if you want this option, ignore your PBHR and don't sell them

2. Don't participate in the capital raise and sell your rights - because your an eligible shareholder, you are assigned the right to participate in the capital raise, if you do not want to participate in the CR you can sell your Rights like you would sell normal shares. The ticker code for your rights are PBHR.

3. don't participate in the capital raise and don't sell your rights - if you simply do nothing, your rights will be auctioned off to institutions and you'll receive a cheque in the mail with your compensation.