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just seen JimToms upload (cheers buddy) forwarding it now
I've messaged a couple of times, but without a scan of the actual letter, it's hard to give them much of an update.
I have a direct email for the guy that was dealing with it for me, but that was so i could send him the previous letter as H&L system does not allow users to attach files, just staff in replies.
heard nothing back yet
Secure message to HL @ 12:55 today:
Hi,
CGH are in the process of distributing a “dividend in specie, namely shares in CGO”.
CGH have been notifying this action through an obscure facility called “Dropbox” hardly an avenue known to the general populace.
CGH , also appear to be bypassing their own registrar, and are using Aviner, whom I believe represent CGO.
So may I respectfully suggest HL approach’s Aviner, to ensure that their clients aren’t bypassed in this distribution.
Regards.
Yes you pay HL to manage your accounts monthly , when there are issues they are non too helpful
Call me Mr Pedantic, but I might go back and suggest that HL should proactively approach Avenir Registrars now to ensure that nominee shareholders are included in this distribution, rather than just holders of physical share certificates.
sounds good Faliran , still awaiting a reply from HL
I wrote to HL last night including the Dropbox address in the message, and just received the following:
"Thank you for your message.
Once we have full confirmation and information from the company rest assured we will be in contract [sic] with clients confirming the details and the next steps.
I hope this has been of assistance. If you have any other questions, please get back to me."
Well let's hope all us long suffering shareholders benefit, thanx for copy of the letter jimtom
This is the letter I received I’m assuming it’s the same one?
https://www.dropbox.com/s/1zaaqz3z4ndwkul/cgh.HEIC?dl=0
Thanks Paladin. I'll forward that info on to H&L, it would still be good to have a scan of the physical latter like last time to forward to them as that's more compelling that a quote from somewhere
Got my notification from ii too. Good news!
Nothing showing on HL yet
Paladin , thanx for posting
Thanks Paladin
I was just about to post that too
FYI, just got a message from Interactive investors, i'm seeing this in the 'corporate actions' section of my account
"
Stock: CONSOLIDATED GWTH ORD NPV
Event Type: Demerger
Description: Distribution in Specie
Terms: 0.072 Contango Holdings plc shares for each Consolidated Growth Holdings Limited share held
Pay date: Upon receipt
Consolidated Growth Holdings Limited have announced a Distribution in Specie, whereby holders will be issued with 0.072 shares in Contango Holdings plc for each Consolidated Growth Holdings Limited share held.
The new shares will be issued to entitled shareholders upon receipt of the stock from the company."
it's looking positive all
That is exactly my situation. Held in nominee account at HL and ii. I have secure messaged HL, no reply yet. Messaged ii also and they are contacting the company for more info. I will post if anything comes of that.
Micky is right, they only have contact details for those with certificates registered with them, those holding in nominee accounts, such as H&L don't get them, and I fear the crooks will try and dish out what they have to and cash the rest and run, claiming it was the Nominees responsibility to claim them... hence why i've been forwarding letter to H&L so they can chace it with some evidence.
Obviously wipe out the barcode before uploading, alternatively, I have a disposable phone number or email i'm happy to post that you can contact me on
Not if held in a nominee account
WEBSITE CORRECTION https://avenir-registrars.co.uk/
You should get your own letter at some point. It appears to have an individual barcode on it . Letter states www.avenir-registars.co.uk ( 5 St John's Lane. London. EC1M 4BH. have been instructed to prepare and issue the new share certificates to all qualifying CGH share holders..
same here for HL
Can anyone share the letter so I can forward it to interactive investor? thanks
yup, now just need what we're owed NOW..... yeah, so i might be slightly impatient lol
nice CGO bounce this morning , markets like the RNS
https://www.londonstockexchange.com/news-article/CGO/coking-coal-offtake-signed/15493426 - may start to increase the SP