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Online Share Trading

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Claw-back offer

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Frequent Contributor
What does this claw-back offer mean for the average investor? I see that I can get some shares at a slight premium (today's price)if I agree to this offer, but will it still be so on the exercise date? I can't see any advantage for me taking up this offer. Can some kind soul explain it for me please...
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4 REPLIES 4
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Not applicable
For your purposes, it is just a different way to raise capital by selling more shares. In this case, however, there is no NPL ( I think), so you can't sell your right to purchase more shares. You either take up the offer to purchase (at a discount to the current price) or you accept the dilution (of about 10%).
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Valued Contributor
correct, no NPL so you can't sell the right to buy ..
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Frequent Contributor
Thank you Simon. I think I will monitor the price nearer to the acceptance (or not) date.
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Frequent Contributor
Thanks also, Skaaptjop..
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