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Tom Joad

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Tom Joad

Re: Tamhas post# 6175

Thursday, 10/26/2017 1:15:26 PM

Thursday, October 26, 2017 1:15:26 PM

Post# of 6624
re: subscription rights, Schwab

You read Schwab right but Schwab got it wrong. Also, Arcam's language is consistent with offering a total of 4,109,286 ordinary shares when they say that 5 subscription rights allows one to buy 1 new ordinary share. The original notice reads-

· Shareholders receive one (1) subscription right for each ordinary share held as of the record date. Five (5) subscription rights entitles the holder to subscribe for one (1) new ordinary share in the Rights Issue.
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