share purchase plan equality

The terms of the SPP reflect in the case of an oversubscription George Orwell in "that all animals are equal, but some are more equal than others".

Rather than this "first-in-first served basis" of allocation, surely in the event of an oversubscription a far more equitable basis for share issue would be on a pro rata basis on the amount subscribed for by each shareholder?

Does any one believe that all eligible shareholders are going to get the offer documentation at the same time so that they can become contenders for "first-in-first served basis" race?

Suggest you do what I have done, send Focus an email airing your thoughts on their concept of doing the right thing for their shareholders.