InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,532.00
(
0.64%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.58
(
-0.14%
)
Bitcoin
65,645.75
(
1.04%
)
Post# of 214
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

ls7550

Send PM Follow Ignore
Followers 15
Posts 2723
Boards Moderated 2
Alias Born 01/05/2004

ls7550

Re: karw post# 37

Monday, 06/09/2008 2:29:35 AM

Monday, June 09, 2008 2:29:35 AM

Post# of 214
I have subscribed to the RBS rights issue and hope for the best.

You and the majority, so faith and hopes look high

LONDON (ShareCast) - Royal Bank of Scotland (LSE: 91ID.L - news) has got its rights issue away, with 95.11% of shareholders backing the bank's £12bn cash call, it revealed today.

It received valid acceptances in respect of 5.82bn shares for the 11 for 18 rights issue at 200p a share it announced in April. The deadline was 11am last Friday.

The rights issue was fully underwritten by Goldman Sachs (NYSE: GS - news) , Merrill Lynch (NYSE: MER - news) and UBS (Virt-X: UBSN.VX - news) who will now have to find buyers for the remaining 299.38m shares.

Stocks/Bonds/Managed Futures

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up