In July 2018 Mothercare PLC announced to the market that it was seeking to raise funds from a placing and open offer of new shares to existing shareholders. a) Discuss the differences between an IPO and an SEO. [10 marks] b) Summarise the four main IPO listing mechanisms . [20 marks] c) In the UK, the most dominant form of SEO is a rights issue i. Identify the five main features of a rights issue. [10 marks] ii. Outline the difference between a placing and an open offer of shares. [10 marks]