Question: please don't answer 2. In 2012, Nelson plc issued options that give the company's directors the right to subscribe for 50 pence ordinary shares between

 please don't answer 2. In 2012, Nelson plc issued options that

please don't answer

2. In 2012, Nelson plc issued options that give the company's directors the right to subscribe for 50 pence ordinary shares between 2013 and 2017 at 125 pence per ordinary share. At 31 December 2014, there were 3,500,000 options still outstanding. 3. On 1 January 2014, Nelson plc had 20,000,000 10% convertible loan stock in issue. On 1 October 2014, the loan stock was converted into 50 pence ordinary shares on the basis of 25 ordinary shares for each 50 of loan stock. no 2. In 2012, Nelson plc issued options that give the company's directors the right to subscribe for 50 pence ordinary shares between 2013 and 2017 at 125 pence per ordinary share. At 31 December 2014, there were 3,500,000 options still outstanding. 3. On 1 January 2014, Nelson plc had 20,000,000 10% convertible loan stock in issue. On 1 October 2014, the loan stock was converted into 50 pence ordinary shares on the basis of 25 ordinary shares for each 50 of loan stock. no

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!