The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo 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.
Close its 40% of my original entitlement but I didn't read the RNS like that i thought the amount of excess you applied for would be scaled back to 44%.
That wouldn't work though BC. What if everyone applied for twice as much again?
They would have set the 44% scaleback knowing how many had been applied for
OK all change, the figures have changed during the day, very strange. My account has now been credited with my full entitlement plus 77.28% of excess shares I applied for. happy with that!!.
OO subscription plus almost exactly 50% of what I applied for in excess has been accredited to my account π
The allocation mysteries continue. Rec'd original OO number + c63.5% of Excess applied for. Similarly with other family member. Not complaining.
BC "My account has now been credited with my full entitlement plus 77.28% of excess shares I applied for. happy with that!!"
Yes, I got exactly the same percentage with Barclays
Interesting to hear of 'folks' differing scale back percentages.
My account has received my entitlement and about 44% of my excess application.
I am not unhappy, just frustrated with the Board of QED and it's own timelines.
The differences in excess entitlement shares holders appear to have received may be due to certain custodians making full use of any unused basic entitlement when completing the the application for 'pooled' nominee accounts. Although advantageous for their own clients who wish to take up as many shares as possible, it is to the disadvantage of other shareholders. Did anyone have a different excess entitlement from the same broker when holding multiple accounts such as a SIPP or ISA?
Hi blakeney,
yes i did. approx 80% in my SIPP and 20% in my ISA with HL
I suggest that you make a complaint about your ISA allocation requesting the 44.766907% per the announcement, or at least request an explanation as to the discrepancy, I'd love to hear it!
My Halifax account shows my entitlement and excess applied for as a total and separate from my initial holding. However, when I select the total which I applied for a pop up tells me that I cannot trade them online and to make a telephone call. No scale back sems to have been applied. I thought these share were supposed to be credited to account and tradeable from 0800 on 16 April. Still awaiting response from Halifax. Anyone here with Halifax?
just re-done my calcs on a spreadsheet instead of a *** packet and iβd made an error itβs actually a fairly similar %age
Same as Grumpy (my broker being Swissquote): excess honored at roughly 81% (80,792 shares received out of 100,000 requested). Apparently each case is different.
Yes, and cannot trade them, "frozen",,,,, why?
Probably just something to do with your broker taking a while to do the necessary administrative actions.
My Interactive Investor excess shares only just came through a very short while ago.
Nice rise for the so at the end 9%
Any joy with Halifax Secretary? Still nothing at my end. π
Qpulse if you are with iweb you should see something now...
I appear to have been allocated around 91% of the excess applied for as per my account this morning. The remainder still shown as a separate line. I am expecting the funds for those not allocated to be credited as and when Halifax get around to it. An email from them is only able to be read when you follow their instructions to receive a one time security code which is emailed to you but the code is not accepted. Attempted about six times to get another code but none are excepted as valid!!! Just going round incitcles but at least my account shows shares hve been credited to account.