Freetrade can support some Corporate Actions
Freetrade does not promise to support all corporate actions (see section 21 of our Terms and Conditions), though we do often support them where it is feasible for us to.
Where we do support a corporate action, we will contact you to let you know what the corporate action is, and whether you need to take any action (in which case we will also let you know how and by when you will need to respond to us).
Sometimes, where it is in our customers’ best interests, we can decide to exercise corporate action on behalf of all of our customers.
Where we receive benefits (such as extra shares or cash) as a result of a corporate action in relation to your shares, we will receive and hold these for you.
Not participating means you might lose out
If you do not make a selection in relation to a corporate action, or if Freetrade does not support a particular corporate action, this means that you will not be able to make a choice as a shareholder and/or receive benefits (such as extra shares, cash payments, or special offers) that you might otherwise have been entitled to.
You should look out for messages from Freetrade telling you about corporate actions that we can support, so that you can take any necessary action before the deadline.
If you have any questions about a corporate action you can contact us at [email protected]