Degiro: How to exercise share rights (e.g. Tullow Oil Rights issue)

mazzy maz

I've contacted Degiro to no avail, and can't figure it out myself (various google searches and searches of boards.ie yield no useful info on this topic) - How can I exercise my rights under the Tullow oil Rights Issue through the Degiro website? Is it even possible.

Any info is much appreciated.

myshirt

Isn't everything you buy from Degiro a synthetic version of the security?

mazzy maz

I don't believe so e.g. Degiro users receive dividends on shares owned.

Francie Barrett

I am surprised that Deigro have not been able to help you. This is a common enough corporate action and they should be set up to allow you to take it up.

Maybe try ringing them and specifically saying you wish to speak to their corporate actions team about taking up a rights issue?

mazzy maz

So I've learnt that participation in the rights issue cannot be done through Degiro's website.

Rather I do indeed have to contact their corporate actions department via email.

Thanks for the replies.

Limestone1

I had the Nil Paid rights added to my account and also had an email from them asking if I wanted to take part. They appeared in the account just above the shares with the Buy and Sell buttons greyed out.