Some further news, including dates for this release
As you know, there will be £1m worth of Trust Bonds in this issuance. The additional clarification is that there will be £250k-£500k of this reserved for customers who may soon be Seedrs investors.
We had expected to get all the app changes made by tonight. Unfortunately there are a few items outstanding, and based on the feedback from users in the test run, it was felt that it was not right to repeat known issues with such a large and important issuance.
In addition, there are many customers, including investors, who are hoping to complete their application and get codes to be able to take part, so we need to also focus on getting as many as we can into the app.
We have therefore decided to delay the issuance until next week’s app release so we can be sure that the changes are made. The new app release is planned for the 11th, but since Apple can take a couple of days to review and approve each release, it may be 12 or 13 March before the bonds are visible in the app.
So look out for the Trust Bond issuance next week!
The closing date will still be the 25th of March to give time for bid allocation and listing before the end of the tax year.
We are sorry for the added wait but it gives access to more customers and a better process overall.