- What CA notifications are sent and from what source, and who do they go to? We send CA notifications for anything impacting the clients' holdings such as : fund mergers and demergers, fund closures, open offers, rights issues, mergers and acquisitions, bonus issues, share class conversions, share consolidation and splits, liquidations, etc. We do not send notifications for CA that do not have a material impact on the client such as name changes.
- We would raise a Freshdesk ticket to the adviser/ platform to let them know of the corporate action as soon as we have received the notification.
- What do they look like and do they contain a list of impacted clients/investors? You can see an example of a CA notification below and we would always attach a list of the clients that hold that particular instrument.
Good afternoon,
We have received a notification from Aston Martin Lagonda Global Holdings Plc regarding fundraising. On 15 July 2022, Aston Martin Lagonda Global Holdings plc (the “Company”) announced its intention to raise approximately £653 million by way of a strategic investment of £78.0 million by The Public Investment Fund and a rights issue, the proceeds of which are expected to be approximately £575 million (together, the “Capital Raise”).
The Capital Raise is subject to shareholder approval at an upcoming general meeting to be held at 10.00 a.m. on Thursday 8 September 2022. The Notice of the General Meeting, included in the shareholder circular published by the Company on 22 August 2022 (the “Circular”), is now available on the Aston Martin Lagonda website under the "Shareholder Meetings" tab on www.astonmartinlagonda.com/investors/shareholder-information. The terms of the offer under the Rights Issue will be set out in the Prospectus which is expected to be published on or around 5 September 2022.
The Capital Raise is subject to shareholder approval at an upcoming general meeting to be held at 10.00 a.m. on Thursday 8 September 2022. The Notice of the General Meeting, included in the shareholder circular published by the Company on 22 August 2022 (the “Circular”), is now available on the Aston Martin Lagonda website under the "Shareholder Meetings" tab on www.astonmartinlagonda.com/investors/shareholder-information. The terms of the offer under the Rights Issue will be set out in the Prospectus which is expected to be published on or around 5 September 2022.
Please see attached list of clients impacted.
Please see the attached official notification for more details.
- How to IFA Firms inform Hubwise of any specific actions that impacted investors decide to make? via Freshdesk- by responding to the ticket we raised to them.
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