game on, page-40

Hi Bustermove18, it's really a follow-on from an earlier discussion here where it seemed that existing holders were likely to face scaling back of their spp entitlement. Then a bunch of small trades appeared which looked like somebody attempting to get numerous spp allocations, so that looked like existing holders would get even greater scaling back of their applications. SRI have now said that spp entitlement will be confined to ONE holding only per subscriber (where they can determine this), and that multiple holdings under one name won't get multiple allocations. And SRI don't have to give applicants a reason for deciding their entitlement.

In summary, if the multi's are denied more than ONE allocation the playing field has been levelled for ALL applicants (not tilted in favour of recent multi-holders).

I guess it doesn't so much benefit existing holders as it removes some of the potential scaling back of existing holders' applications (hope that's not too confusing!) :)