The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
A huge effort was required to get Barclays Smart Investor to provide a Corporate letter of representation to allow attendance and voting at the meeting on 3 March 2020. On the other hand there were no difficulties with Halifax who provided letters without any difficulties whatsoever. One has to wonder why Barclays found it so difficult vs. Halifax.
I've had the same issue with Barclays and I do have it in writing so here it is:
"I am emailing you regarding your recent complaint, in which you advised us that you were hoping to lodge in one paper certificate of Sirius Minerals and that you were also unhappy that you had not received any notification or information regarding the Sirius Minerals AGM/EGM.
As mentioned to you over the phone by myself and my colleague, we would be unable to complete the lodgement of your certificate within the timescale that you have requested. A standard lodgement can take up to ten working days, therefore we would not be able to complete this request for you to meet your needs.
In respect to not receiving any notification regarding the AGM/EGM, this is not information that we notify our clients of. Our process is such that if there is a corporate action such as a voluntary event (i.e. tender offer, scheme of arrangement, etc.) we will contact our clients so that they can then act upon this accordingly. An AGM/EGM is information that is publicly available via the respective company’s website and as an execution only broker, we have no specific obligation to notify our clients of these events.
I appreciate that for you this has been a source of frustration but this is well within our process, so we have made no error. I would certainly be happy to take your feedback on board, however, and discuss with our business leaders whether or not we would consider notifying clients of these events in the future."
To be fair they have offered me a few bottles of wine so at £20,000 a bottle I hope I enjoy it.
Barclays seemed very matter of fact and unbothered when I asked why they had made no attempt to seek the opinion of shareholders on their Smart Investor platform, I asked if I would get any confirmation of my No vote and their response was that all calls are recorded. They have certainly done nothing to facilitate shareholders having their view.
Thanks Gertfrobe as that can'y be right
FFC I’ve put it on ShareSoc.
Gertfrobe are you a member of sharesoc ? can you pass that on over there please
ffc
I explained to him that Barclays lack of action was beneficial to the II .
He then said “ I can see your point”
what a rubbish, bod can't approve sheet... yes good call to put it in writing
I asked Barclays, why they are not informing Sirius shareholders of the vote.
Barclays replied that the BOD have approved the takeover, so there’s no point.
And went on to say the takeover was announced at the AGM.
I have requested this in writing so that I can publish it.