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'r'
I may be mistaken but I think you are referring to the for the vote that just took place on 24th, which was essentially to allow an accounting activity to take place that allows dividends to be paid (as it hasn't done so before and some form of financial restructuring was necessary), and secondly to allow Zinwald shares held by BCN to be paid out as a special kind of dividend, if the offer to purchase shares to those shareholders who want to sell becomes binding on GF.
Those votes were passed but it only means that dividends can now be paid, which means the 'sweetener' part of the offer can now be made.
What is otherwise being referred to here is the form to vote to be made to accept the actual offer, which is on the BCN website:
https://www.bacanoralithium.com/pdfs/Form-of-Acceptance-150921.pdf
That only allows acceptance of the offer for your shares, or in respect of a proportion of your shares if you only want to sell some to GF.
The default position if you don't respond is that you don't want to sell any of your shares - there are different procedures for acceptance for certificated shareholdings or alternatively those held in Trust with a broker like yours with HL.
I'm sure Foz, jam, tomcat, bonkers etc will correct me if I am wrong
Rocketship
Thanks I'm also thinking of moving away from Barclays as well.
They don't seem to care for service.
And you can't buy foreign listed shares like Tesla.
What about the Zinwald shares. Hargreaves Lansdown gave me a choice. Yes or NO.
Nothing from Barclays.
Hi Rocketship
I used to be with Barclays but transferred from there when they moved platforms to one that barely worked and were going to charge an annual fee even on non pensions/ISA stuff. One good thing about them was that they didn't charge for transferring to another provider. That's an advantage, as I know my current one would.
Hi R, I'm with Barclays too and rang and asked them about voting at the recent 2 votes AGM. It is my understanding after speaking with them they dont bother their arse giving us the option but generally do on company take over votes. I submitted a complaint but was reminded I was aware as I complained with similar 18 months ago and therefore I sshould already aware of their policy, although they did say it could be a bit more prominent on their web page. My intention is to move the bulk of my holding over to ii who I'm already with and who do afford voting at AGMs.
'r',
You don't need to. You can only vote to sell your shares to GF. If it is your intention to oppose the offer you need to do nothing
Barclays
I had not notice from Barclays or a chance to cast a vote.
Anyone know anything about voting in these things with Barclays
If not I wont be able to vote against Ganfengs' takeover
dam right there dee… that’s 40% rejecting the offer without even lifting a finger… ;)
This is great news for us.
That leaves around 40% for us to target as part of our mailing campaign.
There are many apathetic voters, and those who voted for the resolution even though they're not necessarily voting for the takeover.
Bring on November!