Prices of Seven Group TELYS4 (ASX code: SVWPA) convertible preference shares jumped on the news Seven Group would be offering holders an option to convert their holdings into ordinary shares. The offer was announced prior to the commencement of trading on Wednesday and after the hybrids closed at $82.00 on Tuesday afternoon. Seven Group had previously announced in August 2016 an offer to buy back up to 10% of the...