Stobart Group (ESL) has launched a rights issue with a ratio of 15:2, which means that for every 15 shares you can subscribe for 2 new shares. The shares can be bought at the price of 0.40 GBP or 40.00 GBX per share.
In order to participate in the rights issue, you must have held shares with the company before the 19th of June. Thus, if you have held shares of the company at the end of business day 18th you will be eligible to participate. All new shares will be allocated on the 27th of July 2020 or the next business day.