Rights Issue - BOI ADR

Olivetti

Registered User
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22
Does anyone know the implications of the BOi rights issue where the shares are held in an ADR (American Depository Receipt) through a US broker. I hold CRH ADRs, and with their rights issue, I was not offered the entitlement to take up the additional shares under the rights, but received the sale proceeds of the rights after the due date. I was expecting the same with the BOI rights, but no sign of any cash yet.

Any help welcomed. Thanks in advance.
 
I just got cash for the BOI rights issue on 11th June (Ameritrade). Do you know if that's treated as a straight capital gain?
 
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