HMC 0.79% $6.41 hmc capital limited

I'm sorry I didn't quite understand the timetable if you could...

  1. 224 Posts.
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    I'm sorry I didn't quite understand the timetable if you could elaborate:

    Record Date for the Capital Distribution Tuesday, 24 November 2020
    Implementation Date - Capital Distribution of Units to
    Securityholders
    Thursday, 26 November 2020
    Allotment Date - Issue of Units to investors under the Offer Thursday, 26 November 2020

    So if we buy/own HMC shares on or before 24 Nov 2020, HMC share holders will get issues DNR 'shares', to account for the reduction in price of HMC as some of the assets have transferred across to the DNR?


 
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