Just looking for some advice here. I have been reading through the prospectus for the rights issue in CRH (I am a shareholder and will be affected but I just read the info on their site). My question is as follows:
It seems that the procedure for participating in the rights issue is different depending on whether you hold your shares in certificate form or in CREST. I hold my shares in CREST through a broker (Sharewatch), so I recieve all correspondence directly and Sharewatch don't have my holding in a nominee account.
So just wondering what I need to do to participate. I have not yet checked the correspondence (if any) I have recieved from CRH or what forms need to be filled out
Smiley,
My CRH shares are in share cert form & I got post today on the rights issue, which I haven't fully read. If I dont fork out the E1k to take up the shares provisionally alloted to me what are the consequences? Does this effectively mean I have to pay E1k to retain the "value" of my current holding?