Insurance Post

RSA rights issue receives subscriptions for 95.67% of shares

Stephen Hester

RSA chief executive Stephen Hester has welcomed “the successful outcome of our rights issue” after the insurer found subscribers for 96.67% of the new ordinary shares issued.

RSA's previously announced rights issue closed for acceptances at 11am on Wednesday, after receiving valid acceptances in respect of 1 321 235 690 new ordinary shares.

The figure represented

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

This address will be used to create your account
Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here