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General Category => Shares => Topic started by: Patrick on November 16, 2015, 10:38:06 am

Title: Taste rights issue
Post by: Patrick on November 16, 2015, 10:38:06 am

Anyone know anything about this. I can't seem to find the sens.

Title: Re: Taste rights issue
Post by: Mr_Dividend on November 16, 2015, 10:45:42 am

of the top of my head...

You could get 25 new shares at R3 each per 100 held.

Title: Re: Taste rights issue
Post by: czc on November 16, 2015, 11:36:07 am

These seem relevant:

http://www.sharedata.co.za/sens.asp?id=260937   16 Nov 2015   Taste - results of rights offer
http://www.sharedata.co.za/sens.asp?id=259202   16 Oct 2015   Taste - Finalisation Announcement
http://irhosted.profiledata.co.za/taste/senspopup.aspx?id=258903   13 Oct 2015   Taste - Starbucks, Arthur Kaplan & Rights offer

Quote

in terms of which Taste offered a total of
75 464 476 new Shares (“Rights Offer Shares”) at a subscription price of 300 cents per Rights
Offer Share in the ratio of 25 Rights Offer Shares for every 100 Shares held in Taste at the close
of business on the record date for the Rights Offer, being Friday, 30 October 2015.