1 OCTOBER 1937, Page 34

FINANCIAL NOTES

(Continued from page 564.) A SHARE BoNus.

Shareholders of the British Aluminium Company can be congratulated upon the small bonus expressed in the price at which they are to receive new shares in the company. The offer to existing Ordinary shareholders is to be i,000,000 New Ordinary shares at 42s. 6d. per share, offered in the proportion of one new share for every two shares at present held. These new shares will rank for any dividend paid or to be paid in respect of the year ending December 31st next, calculated from the due dates of payment of instalments (exclusive of premium) ; in all other respects they will rank pari passu with the existing Ordinary shares. The issue is made in connexion with increasing business and at the time that the issue was announced the existing shares stood in the market at about 49s. buyers.