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G, if you mentioned it to TW then well done. Seems a bit of a coincidence that we finally hear something. SPA had had numerous other shareholders contact them as well. Certainly the RNS seems a bit thrown together. Will be pleased to draw a line under this….
BB2
TC101 most people now have a nominee. Few have certificate form. I have some from 30 years ago. Now it is all digital. When you bought you shares will be held in HX account. So AMC will pay them. Then HX will pay to you.
All my shares are held by ii, do I need to do anything or will they handle everything ? FWIW I suspect the trading will be suspended whilst they allocate payments.
Great timing mate :-)
Just heard back from Freetrade re dividend. No need to apply, Freetrade will sort it.
Sushi - not sure. I just bought them as I usually would I.e placed the order and done.
I’ll give HX a call
I would call them before 2nd June TC101, just to be sure. I have to call Barclays to cancel my Dividend Reinvestment Plan (DRIP) anyway, I'll keep my shares but don't want to reinvest before any plans become clear.
TC101
Your shares are not held in certificate form are they? HX is a nominee?
Guys/gals - help please.
I have a HX account which I trade from. Do I need to update my bank details or something to get my divi? My bank details haven’t changed.
I suspect I’m the divi here but any clarity will be appreciated
Sushi,
I am watching with interest!
My shares were bought through II. Will the dividend be paid into my trading account ?
232 days ago they issued an RNS which included a paragraph in which they stated they are going to turn their full attention to the tax implications for shareholders and the RNS does not include anything about this very important issue!
AGE
I Can Uncross Everything Now !!!
SCE2
Yes
Does any one know what to do i f you bought the shares via T212 platform?
1.8 - 2.0
Hold he shares. Take the dividend and hold shares worth about 0.4-0.5p
Many will buy this up to 2.0 pence tomorrow early morning to get on the register. They will hope to get the 1.8 and still hold the shares.
HL is a nominee. Just sit back and wait for your cash. Hold and keep the shares.
If you bought your shares through for example Halifax either as ordinary or ISA I would expect the they will receive the dividend payment and notify account holders via corporate actions ??
2.3 pence value. Hold, take the 1.8 and then keep the value of 0.5p or more on a good reverse take-over.
Slowlyslowly/Gazzleberry
I'm sure you're both right but but its wording like this "......completion of the Disposal" that solicitors make a lot of money arguing over.
TDT
Why can't anything ever be straightforward with AMC....sigh.
The 6 months starts when they became a cash shell. That's to say: When they disposed of their last trading business. That was 6th March. The fact they received funds 8 days later is irrelevant - from 6th March, the company was not trading, simply a dormant company holding cash. 8 days later the amount of cash increased, but they became a shell on 6th. So they have until 9th September to complete an RTO or become an investing company. Why they've waited until today to declare the dividend, I've no idea. But you'll note that the payment date of 14th June is exactly 3 months from receipt of funds, so for whatever reason they've gone for the longest time their previous public announcements allowed.
How about that three months to the day - told you he'd milk it!
Wondered myself what do i do if shares in an isa