Freetrade ignoring right issue for TPICAP

There is a rights issue for TPICAP share holders.
As of the 27th jan EOD. For every 5 shares owned. There is an option to buy 2 additional shares @1.40. At time of posting that 58p less than market value.

I have approached freetrade customer service several times leading upto to this with no response what so ever. The issue will be on Monday 15th feb.
If nothing is done then freetrade are literally taking money out of my pocket.

Has anyone else got an answer to what freetrade are playing at??

I don’t hold this but FT did provide the option to elect to ITM shares back in Nov.

Not sure if this is something to do with their backlog and capacity.

@Freetrade_Admin - Who can provide Luke with a view on this please?

1 Like

Written by Rob Jackson
Updated over a week ago

As of 9th March 2021, Freetrade cannot support elective Corporate Action events, including Rights Issues, at this time.