I exercised my last batch of SAYOC last week in anticipation of this rights issue.
For those wanting to exercise their SYAOC options @exercise price of $0.02 ea...
- Obtain the 'Exercise of Option' pdf from Computershare (they will email one to you). They say it can take up to five days, but I received mine the same day.
- Complete the form (Name, Address, HIN, number of options to be exercised, dollar amount)
- Transfer the required funds to Sayona bank account (Contact Sayona office for EFT details)
- Email completed form with payment advice to Sayona
- Sayona will advise Computershare of the request to exercise, once the money has arrived in their account
- The new FPO (Fully Paid Ordinary) shares will appear in your portfolio
- In your Commsec portfolio you will need to adjust the average price manually (Select 'Edit' on the Portfolio page)
Please note that NetBank (Commonwealth) will put a 24 hour delay on transfer of funds if you have not transferred to that recipient previously.
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