SMN 0.86% 58.5¢ structural monitoring systems plc

Ann: Entitlement Offer Forms, page-42

  1. 4,618 Posts.
    lightbulb Created with Sketch. 1823
    If you were Allocated Shares you could have sold up to the limit of that Allocation without being an insider. Granted that would only be 1/12 of your holding.
    I could still be wrong, but I keep my view that the Offer will be unlikely to be fully subscribed. In such a circumstance at least some of your applied for Shortfall shares, if not all, would be granted.
 
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