If FT don’t create a way of at least obtaining the UMG shares on our behalf I’m gone. And I really hope they secure the future rights too.
I’ve already fallen foul of the very quietly introduced “Unfortunately at current (as of March 9th 2021), Freetrade is not operationally set up to support Rights Issues, Open Offers and similar events which involve subscribing to more shares, at this time.” which was frankly disgusting since they did before that date, I ploughed a significant amount of money into FT then had the goalposts moved and wasn’t directly informed of the change until I lost an RI opportunity.
The irony is that I only learnt of SPACs/PSTH through a direct marketing email from FT! (which was sent before the date their own policy changed)