EXT excite technology services ltd

Ann: Non-renounceable Entitlement Offer Documents, page-18

  1. 12,510 Posts.
    lightbulb Created with Sketch. 323
    re: Ann: Non-renounceable Entitlement Offer D... Hem

    The EX date is the day you have to hold till. So you can sell your shares on Sept 1, or Sept 2, and you will STILL get the entitlements, because you will only come OFF the record AFTER THREE FULL days ... which will be 5PM on Sept 7.

    But why on earth would you sell unless you absolutely have to??? EXT will be going much higher than current prices.

    Anyway, just an explanation of the difference between the EX-date, and the RECORD-date

    cheers
 
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