Can I receive the Rights Entitlement (RE) and apply for the rights issue even if I sold my shares on or after the ex-date/record date?
Can I receive the Rights Entitlement (RE) and apply for the rights issue even if I sold my shares on or after the ex-date/record date? |
Yes, individuals are entitled to receive the RE if they have sold their shares after the ex-date/record date. The RE will be credited to the broker on their behalf, who will then credit it back to them. |