As far as I can see, FMS has never had an spp, ie. share purchase plan. All its share issues, - six since 2003, - have been non-renounceable rights issues.
The difference is that with a rights issue, you know at the outset exactly how many shares you are getting. The more popular SPP plans are often cut back, which ties money up for weeks, and also the post-SPP price is not theoretically calcuable.
FMS has also received money from exercise of its exchange-traded options last year. $11m.
predictions, page-7
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