Ann: Notice to ineligible CPS holders, page-3

Surprised at the lack of response to your query.
Firstly CPS (convertible preference shares) is BENPD (BBSW + 5%) and CPS4 is the new offering BENPG (BBSW + 3.75%). BEN is inviting CPS holders to participate in a “reinvestment offer” wherein holders of CPS as at record date
13 Oct 17 are invited to reinvest some or all their CPS in CPS4. Closing date for that offer is 1 Dec 17.
Up to 24 Nov 17 (last trading date) you can sell CPS and forego the final dividend.
BEN has also announced that all CPS holders as at 28 Nov 17 (dividend record date) who do not participate in the “reinvestment offer” will be redeemed on
13 Dec 17 (optional exchange date) for $100 per CPS and notwithstanding whether CPS holders reinvest or not, on 13 Dec 17 CPS final dividend will be paid.
This is a clear, timely and well managed reinvestment offer by BEN for their CPS holders.
Pity SUN are clouding their similar offer; see my SUN post re SUNPC/SUNPG offer.