DEG 1.01% $1.25 de grey mining limited

Ann: Underwritten $22M Capital Raising, page-281

  1. 13,191 Posts.
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    @fidaeee

    If you held 20,000 DEG on 24/7/2019 (record date) you would be entitled to a rights issue (DEGRA) of 15,625.

    You can either sell your DEGRA by no later than market close this Monday or take up your entitlement and convert your DEGRA to DEG.

    The offer document and personalised entitlement and acceptance forms will be sent to shareholders this Monday 29 July 2019. Follow the instructions on this form carefully and make sure you pay the $781.25 within the specified time. Based on past experience, you should be able to pay for your entertainment by electronic means, i.e. BPay or direct debit.

    From there, the 15,625 DEGRA currently sitting in your CommSec account will be converted to fully paid ordinary shares and added to your existing 20,000 DEG shares on 14/8/2019.

    Cheers!
 
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