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Xcite Energy Share Chat (XEL)


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Xcite Energy shares appear to be de-listed or suspended.


Share Discussion for Xcite Energy


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honestbob
Posts: 1,098
Off Topic
Opinion:No Opinion
Price:0.00
Tax tauchter
Sun 06:55
You can claim a loss to put against any capital gains you may have now or in the future - unless the shares are in an Isa then you can't.

You cannot claim against income tax.
 
Teuchter4
Posts: 6
Off Topic
Opinion:No Opinion
Price:0.00
Xcite shares.
Fri 17:26
Ok then I take it we have lost all our money with no chance of getting a penny back. Can we claim back money from our taxes at all?
CloudSpin
Posts: 13
Off Topic
Opinion:No Opinion
Price:0.00
RE: Roof Pussy
Thu 04:16
Thanks ceilingcat:

Looks like the brokers will get investor's share certificates in the mail soon after May 15, 2017. What then? Will investors have to slug more money to get their worthless paper (share certificates...) mailed out to them?
ceilingcat
Posts: 2,843
Off Topic
Opinion:No Opinion
Price:0.00
RE: list of XEL shareholders
Wed 13:52
You won't find that information in the public domain.
samuraisteve
Posts: 18
Off Topic
Opinion:No Opinion
Price:0.00
list of XEL shareholders
Wed 13:48
is anyone able to assist in me finding a list of shareholders in XEL and allocation of share please? I was holding a quantity and recently learned of their situation. I know there will be nothing left for us from sale of assets but could assist my next tax return. The liquidation couldn't help?? Thank you.
ceilingcat
Posts: 2,843
Off Topic
Opinion:No Opinion
Price:0.00
RE: Roof Pussy
Wed 10:25
Cloudspin, letter from Computershare in full:

22 March 2017

Dear Depositary Interest holder,

Depositary Interests representing securities in Xcite Energy Limited (in Liquidation)("Company")
ISIN: VGG9828A1194

The purpose of this letter is to give you notice of our intention to terminate the deed in which the Depositary Interests are constituted and indrectly held within the settlement system, CREST (the "Deed"). The termination of the Deed will take effect on 15 May 2017.

Following receipt of notice from the Joint Liquidators of the Company detailing the liquidation of Xcite Energy Limited, the Joint Liquidators Mr ian Morton and Mr Chad Griffin have informed of us of a restriction under BVI law (section 175(1)(d) of the British Virgin Insolvency Act 2003) which prohibits any changes to the register of members without an order from the BVI Court.

Subsequently, the above mentioned ISIN has been disabled, resulting in no deposits, withdrawls or movements within CREST. We will continue to hold the Depositary Interest records in a static state until the Company is wound up or the Court orders otherwise.

Should you have any questions regarding the above, please visit the website of FTI Consulting.
www.fticonsulting-emea.com/cip/xcite-energy-ltd.

Yours sincerely,

Kevan Botha
Director
Conputershare Investor Services PLC
highlandsbull
Posts: 5,553
Observation
Opinion:No Opinion
Price:0.00
View Thread (2)
Rants..
13 Apr '17
Foi, DECC should be sued over pressure put on small oilco by rejecting in 2011 XER FDP plan and forcing requirement for hugely expensive EWT on naiive XER management. There were far cheaper options to obtain the supposedly required data if necessary, guidance was completely inept and suspicious at best. Jmo. Ditto for funding fiasco, giving up what was in place for literally nothing, What inept incompetent ceo's XEL proved to have, to be charitable bs completely baffling brains. Jmho.
highlandsbull
Posts: 5,553
Observation
Opinion:No Opinion
Price:0.00
RE: who owns
9 Apr '17
I believe it was a declared interest in some of the earlier accounts, but not delved into them for some time.
ceilingcat
Posts: 2,843
Off Topic
Opinion:No Opinion
Price:0.00
RE: who owns
9 Apr '17
Are you sure? Like I said, he stopped receiving rent over a year ago and the office in Guildford hasn't moved. When I did some digging on both Guildford and Aberdeen offices a while back neither were owned or leased by Cole's overseas entity (seaburome). I think it's more likely it was a house used for executives to stay in when travelling between offices.
highlandsbull
Posts: 5,553
Observation
Opinion:No Opinion
Price:0.00
RE: who owns
7 Apr '17
It is/was Guildford.




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