UMG 0.00% $4.98 united malt group limited

Ann: United Malt successfully completes Share Purchase Plan, page-13

  1. 326 Posts.
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    My understanding on this is as follows:

    1)minimum allocation 264 shares,
    2) max 7895 shares you can get, provided you held the same at record date and applied for,
    3) remaining pro-rata applicants will receive a number of New Shares that at least maintains their percentage shareholding in United Malt as at the Record Date (but again subjected to max $30k) eg. You held less but applied for more will fall in this category but will get proportional scaled back allocation as it's oversubscribed.
 
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Currently unlisted public company.

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