I emailed the FT team to ask if they would be able to support the offer and here’s their response :
"Unfortunately, at present, Freetrade is not operationally set up to support Rights Issues, Open Offers and similar events which involve subscribing to more shares. We also do not offer Proxy voting.
"Really sorry to disappoint you on this.
"We are working to allow this in the future but do not have a timeframe to share on this right now.
"We do currently support voting on some takeovers and tender offers. Our Corporate Actions team will reach out to you with an election form for any event you may be entitled to participate which we are able to facilitate.
"For more information on this, please check our Terms & Conditions (here - section 24.1).
“Again, really sorry to disappoint here, let me know if you have any questions!”
Would be a few unhappy investors were one of the more commonly held stocks to launch a rights issue at a significant discount with no option to participate…