RBS rights issue-clues please?

Apologies if this has been discussed,ive been away for a few weeks and came home to find an email from my on line broker about this. On checking my portfolio i have my original 2000 RBS shares listed but also

1222 something elses which are apparently tradeable. I do not wish to put my hand in my pocket so what are my options? can i just sell these 1222 other items? i think on last checking they were just under 50p each..

ta

jo

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none
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Bitstring , from the wonderful person none said

Yes, you can sell the rights you don't want.

Reply to
GSV Three Minds in a Can

Thanks for the info,,they are currently at 37p last checked. If i do nothing will they be sold on my behalf after the closing date? If i dont sell them myself what will happen?

ta

Reply to
none

Bitstring , from the wonderful person none said

It'll tell you that if you bother to read the literature that you've been sent. Normally yes, they'll be sold.

Reply to
GSV Three Minds in a Can

You'll receive a cheque in the post

tim

Reply to
tims next home

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