An investment went through a renounceable rights issue with additional shares allotted, however it includes additional shares scaled back. How do I process the scale back in Class?
An investor may have applied for additional shares, however, the company scaled back the allotment to a reduced amount of shares. This won't show on the Corporate Action screen.
Navigate to Fund Level > Transactions > Match Transactions
- Match Cash out (additional shares applied) to Cash in (Additional shares scaled back)
- Match the unmatched amount with the acquisition of a share e.g. Listed Security Acquisition.