We should find out tomorrow if the offer has been successful. It might have failed and the speculation is that ENOC will extend the time. This may be to increase the offer which is what some of the big investment companies are pushing for. If the sale does go through then you will just get a cheque for your shares or if ENOC just walk away you get your shares back.
Sorry Guys completely ignorant. Sent off DGO form for £7.50 What happens now? Can I get a return for £7.50 or have to wait for DGO to respond Advice please Thanks
Further to my earlier post it now seems likely that ENOC have not achieved the necessary number of shares to take the company private. If that is the case then they might extend the closing date which was tomorrow at 3pm.
Tomorrow is the last day of the offer so we should find out on Friday if the offer has been successful or not.
When will I know if they have bought my shares?
21 Jul '15
Large shareholder bid
Sorry Cat, I am out - with my 549 shares to long a wait from buying 18 yrs ago and too much to lose if they get de-listed good luck if your gamble pays off however
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