Bonus issues

Hi, Yes, that is correct. If we buy 10 shares at £2 each then we have spent £20. Using this £20 we could have bought 5 (20/4), so in effect we have 5 free shares. This is then used in relation to calculating the diluted EPS. And yes, it is more likely to be seen in A/B but there's nothing about anywhere to say that it cannot be in C. Thanks