Hi All,
i just invested so I am not taking part in the SPP, but I just took part in DDR’s plan.
such a lot of confusion around working out how many people would get!
See the thread to get an idea!
if oversubscribed, AXE will probably allow an increase up to a point and then scale back.
DDR had a maximum so that the very large holders didn’t get too much of the pie, which was a nice gesture.
Then there was a minimum, so if you applied for more than that amount, you got the minimum.
You won’t know until you they tell you what you got, since you won’t know who subscribed for what!
Clear as mud?
Rob
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Ann: Share Purchase Plan to accelerate work programs, page-168
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