I have fitted the Morgan script badge copying the layout that I have seen on another Plus 4. I have since seen the same layout on two other cars. The second photo is modified to show an alternative layout that I have seen on another car last night. To tell the truth I prefer the second layout but the holes are now drilled

Perhaps Jays' method (see
http://www.talkmorgan.com/ubbthreads.php/topics/88057/Morgan_script_badge#Post88070 ) may be safer because if you don't get it quite right you can change it.
It is not easy to get it looking as it should because the slope of the script is different in the
Morgan and the
Plus 4. I made it so that the base of the two scripts were parallel but I think that it may look better if the
Morganis slightly higher at the left so that the slope of the two scripts is more in line. This is what I have done on the modified version of the photo that also places the
Morgan script more to the left.
If you decide to drill holes my recommendation would be to experiment with placement on a sheet of scrap aluminium and when you have got it how you want it, with suitable protection for the paint, use the sheet as a template to get the holes in the desired position using any holes used by an existing badge (in my case the
Plus 4) to hold the template in place. Because the pins are very close to the edges of the script you have very little possibility of elongating holes to adjust the scripts. You must get it right first time. Also before drilling make sure you have access to the rear of the panel to place the nuts. On my car I barely had space to get my fingers to the pin let alone screw on the nut.
Good luck
Peter