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January 2009


Response to the FSA's consultation on rights issue subscription periods.

The Exchange has responded to the FSA's consultation on shortening rights issue subscription periods. We support the FSA's proposal to reduce the current 21 day minimum subscription period to ten business days. Additionally, we recommend that the FSA harmonises its rules regarding timetables for open offers with the Exchange by moving to a business day approach.

Downloads
CP09/4 – Rights Issue Subscription Periods(pdffile pdf - 49 KB)

 

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