RB. demerged INDV (part of their Pharma section) by giving free INDV shares to RB. shareholders. Price split of original RB. shares to remaining RB. and INDV was at market price on opening of dealing.
Effectively a pro rata split of Net book value is needed to allocate each to the original (combined) figure. Having worked these out how can the alteration be entered into the existing portfolio entries for RB. and INDV? It is not a split or consolidation in the normal sense.
Cornytiv34
