Rights issue brought down Big Tech 50

Big-Tech 50 is an R&D partnership that invests in large, non-tradable high-tech companies.

The holdings in the company are divided so that a little more than 35% is held by stakeholders, another similar volume is held by institutional entities, and about 31% is held by the public.

Two days ago, the company announced the issuance of rights, and as a result, the company’s shares are now down over 17%.

Link to the rights notice

Link to new securities details

The entities that own Big Tech 50

37 mutual funds holding a total of 13.4 million in Big Tech 50

Link to the participation unit graph

Big Tech 50 R&D – Issuance of rights and identifying details for new securities

On Tuesday, October 12, 2021, Big Tech 50 Yahsh (No. 1172295) and Big Tech 50 AP1 (1172303) “Ex Rights” will be traded.

The base rate for ex-rights trading will be calculated according to the B&S formula and will be published in the computerized systems for distributing stock exchange information.

The base price for “Ex Rights” trading in Big Tech 50 Up1 will be C:

when are:

A = the base price for trading “Ex Rights” in Big Tech 50 Yahsh. Tuesday, October 12, 2021.

B = Big Tech 50’s closing price on Monday, October 11, 2021.

D = Big-Tech 50 Up 2 closing rate on Monday, October 1, 2021.

The rights trade will take place on 24/10/2021.

The following are identifying details for the new securities:

 
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