The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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To have a vote in court that counts, you must have a share certificate and not have your shares in a nominee account. If your shares are in a nominee account the nominee will have one vote which is according to the majority of accounts. This means that if you want them to vote NO and most others clients of the nominee want them to vote YES as they only have one vote for all here clients they will have to vote yes and your vote will not count.
What you need to do is as follows,
1) Ask your broker or whoever holds your shares in their nominee account to take one share out of your account and issue you with a share certificate. You will need your IVC number to arrange for a proxy vote that can be used in court. (I think IVC means Individual Investor Code for the share)
2) the Registrar for the company is Link Asset Services https://www.linkassetservices.com/shareholders-and-investors/shareholder-services-uk Contact them and ask them for the proxy vote paperwork. It should take less than 24 hours for them to have your IVC number if they don’t just call them again until they do. Do not wait to receive the certificate in the post to get your IVC number phone them later on in the day or 9am the next morning and ask them for the proxy vote paperwork. Be persistent and make sure it is done properly
3) find someone who is going to the court, and you can trust and ask them to vote on your behalf.
4) You will have to send to the proxy an original letter giving them the right to vote on your behalf. Send Royal Mail Special Delivery or First class Signed for. They will have to take it to the court to prove they have the right to vote on your behalf.
You now act and count as one vote in the court proceedings.
Perhaps you should contact ShareSoc to find out if there is a trustworthy person who can vote on your behalf. Remember your individual vote counts, if you have a share certificate.
Time is of the essence so act now
Good post tradermo,
Everyone should read it.
KOH
to have a vote in court you must have a share certificate and not have your shares in a nominee account
What you need to do is as follows,
1) Ask your broker or whoever holds your shares in their nominee account to take one share out of your account and issue you with a share certificate. You will need your IVC number to arrange for a proxy vote that can be used in court. (I think IVC means Individual Investor Code for the share)
2) the Registrar for the company is Link Asset Services https://www.linkassetservices.com/shareholders-and-investors/shareholder-services-uk Contact them and ask them for the proxy vote paperwork. It should take less than 24 hours for them to have your IVC number if they don’t just call them again until they do. Do not wait to receive the certificate in the post to get your IVC number phone them later on in the day or 9am the next morning and ask them for the proxy vote paperwork. Be persistent and make sure it is done properly
3) find someone who is going to the court, and you can trust and ask them to vote on your behalf.
4) You will have to send to the proxy an original letter giving them the right to vote on your behalf. Send Royal Mail Special Delivery or First class Signed for. They will have to take it to the court to prove they have the right to vote on your behalf.
You now act and count as one vote in the court proceedings.
Perhaps you should contact ShareSoc to find out if there is a trustworthy person who can vote on your behalf. Remember your individual vote counts, if you have a share certificate.
Time is of the essence so act now
Mikea
As it’s a nominee account you have one vote which will mean the No of shares you have will all count in the second part of voting on the day .
You have two choices
1) vote yes if you agree to accept aal offer of 5.5p per share
2) vote no if you don’t want the offer from aal of 5.5p
ffc
Just tell them you want to vote no to all the resolutions! Simples!
I own shares via a nominee account. What are the mechanics of my voting ? My broker advises I have to contact Sirius to get a list of the resolutions. Once I have got this I can advise the Broker how to vote my shares. I contacted Sirius who gave me their Registrars number . The Registrars told me to contact my Broker . I had gone full circle !!