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Iberdrola SA (IBE) EUR 0.75

Sell:€11.75 Buy:€11.95 Change: €0.08 (0.68%)
Market closed |  Prices as at close on 17 July 2024 | Switch to live prices |
Ex-dividend | Rights Issue

Iberdrola SA EUR 0.75

Type:
Rights Issue
Shareholder action required:
Yes
Status:
Cash due
Details (last updated 9 Jul 2024)

Iberdrola SA recently announced details of a stock dividend to shareholders as at close of business on 3 July 2024 with a cash option, giving you the right to receive additional shares or a cash payment. As a holder of Iberdrola SA shares you have been issued with one right for each share held at the qualifying time.

 

You now have 3 options to consider relating to the rights and these are explained below in more detail.

 

Option 1 - Do nothing – receive additional shares. If you do not return an election by the deadline below and take no action you will receive 1 new Iberdrola SA share for every 34 rights held.

 

Option 2 - You can receive a cash payment. If you elect for this option by deadline you will receive a cash payment of EUR0.351 per right. The proceeds will be subject to a 19% Spanish withholding tax, i.e. you will receive EUR0.28431 per right after tax.

 

Option 3 – Sell your rights. To sell your rights please call us on 0117 980 9800 before end of day on Wednesday 10 July 2024. We’ll only be able to sell them if a market still exists.

 

Elect to receive a cash payment – Act by noon on Monday 15 July 2024

 

Cash proceeds are expected from 1 August 2024 and will be converted to Sterling upon receipt subject to the prevailing exchange rate at that time and our standard currency conversion fees. The new shares are expected to be issued from 5 August 2024.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:€11.75
Buy:€11.95
Change: €0.08 (0.68%)
Market closed |  Prices as at close on 17 July 2024 | Switch to live prices |
Ex-dividend | Rights Issue

Iberdrola SA EUR 0.75

Type:
Rights Issue
Shareholder action required:
Yes
Status:
Cash due
Details (last updated 9 Jul 2024)

Iberdrola SA recently announced details of a stock dividend to shareholders as at close of business on 3 July 2024 with a cash option, giving you the right to receive additional shares or a cash payment. As a holder of Iberdrola SA shares you have been issued with one right for each share held at the qualifying time.

 

You now have 3 options to consider relating to the rights and these are explained below in more detail.

 

Option 1 - Do nothing – receive additional shares. If you do not return an election by the deadline below and take no action you will receive 1 new Iberdrola SA share for every 34 rights held.

 

Option 2 - You can receive a cash payment. If you elect for this option by deadline you will receive a cash payment of EUR0.351 per right. The proceeds will be subject to a 19% Spanish withholding tax, i.e. you will receive EUR0.28431 per right after tax.

 

Option 3 – Sell your rights. To sell your rights please call us on 0117 980 9800 before end of day on Wednesday 10 July 2024. We’ll only be able to sell them if a market still exists.

 

Elect to receive a cash payment – Act by noon on Monday 15 July 2024

 

Cash proceeds are expected from 1 August 2024 and will be converted to Sterling upon receipt subject to the prevailing exchange rate at that time and our standard currency conversion fees. The new shares are expected to be issued from 5 August 2024.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:€11.75
Buy:€11.95
Change: €0.08 (0.68%)
Market closed |  Prices as at close on 17 July 2024 | Switch to live prices |
Ex-dividend | Rights Issue

Iberdrola SA EUR 0.75

Type:
Rights Issue
Shareholder action required:
Yes
Status:
Cash due
Details (last updated 9 Jul 2024)

Iberdrola SA recently announced details of a stock dividend to shareholders as at close of business on 3 July 2024 with a cash option, giving you the right to receive additional shares or a cash payment. As a holder of Iberdrola SA shares you have been issued with one right for each share held at the qualifying time.

 

You now have 3 options to consider relating to the rights and these are explained below in more detail.

 

Option 1 - Do nothing – receive additional shares. If you do not return an election by the deadline below and take no action you will receive 1 new Iberdrola SA share for every 34 rights held.

 

Option 2 - You can receive a cash payment. If you elect for this option by deadline you will receive a cash payment of EUR0.351 per right. The proceeds will be subject to a 19% Spanish withholding tax, i.e. you will receive EUR0.28431 per right after tax.

 

Option 3 – Sell your rights. To sell your rights please call us on 0117 980 9800 before end of day on Wednesday 10 July 2024. We’ll only be able to sell them if a market still exists.

 

Elect to receive a cash payment – Act by noon on Monday 15 July 2024

 

Cash proceeds are expected from 1 August 2024 and will be converted to Sterling upon receipt subject to the prevailing exchange rate at that time and our standard currency conversion fees. The new shares are expected to be issued from 5 August 2024.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
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