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Thanks for that, encouraging signs. Hopefully the 19th Jan MBF launch is going ahead.
Has anyone yet found a broker willing to allow transfers of TNT stock into them?
I see that we are now on the J P Jenkins website as Tintra Plc “coming soon” . So some progress being made, we should hopefully hear from Tintra over the next week or so on the MBF.
OBNC
This was pretty much what I got from IG too. As of now though they are still sat in my ISA. Think I'll give them a nudge.
Previous rns announcement suggested a target date for mbf of 19 Jan. However, as we all know only too well, tnt and target dates.... Nuff said but keep the faith
Thanks Ian67 and Butterfly54321.
OBNC
Cheers ian67 😊
Hi all ,
Contacted Jenkins a few times now and always had response. Still no news on transferring delisted shares 😢 but as has been mentioned on BB give it a few weeks. IMO they are making an effort to help lowly pi's. Will try to get contact in telegram and get invite , if all goes good will post invite for all LTH
I cannot find the group on Telegram either.
Really useful info OBNC. I too would be interested to join the Telegram group. Going by previous delisted shares I believe this forum will remain open but no doubt more chat on the Telegram group.
I have some of my shares with HL in a trading account, HL have advised me that they will be able to offer the MBF if and when it is offered. I also, like many here, hold some TNT shares in an ISA with Barclays Smart Investor together with Shares held with HSBC. Both of these companies will not be offering the MBF so I have started the ball rolling by completing transfer forms, to Transfer to Hargreaves Landsdown (HL) as they have assured me that they will allow the transfer to them, I completed the transfer forms before the end of December 2023 whilst TNT were still listed, not sure if that matters.
I have not yet seen anything regarding the MBF on Tintra’s website?
Will this forum remain open for us?
Does anyone know how we can join the Telegraph group forum, as it is very important, more so now, that we share information on what us happening.
My best to all holders
OBNC
As annoying and stressful as it is, I think we can only sit and wait for some sort of announcement on the Matches Bargaining Facility.
The company must know that many PI's are left with seemingly illiquid share holdings. So long as the MBF materialises I think those of us with shares in standard trading accounts should be ok and I'd expect either Tintra or JPJenkins, who they are working with to establish the MBF, to provide information to shareholders regarding process and next steps. If we have now news on things by end of January I'll be concerned but fingers crossed for much sooner than that
Just tried to set up account at HL as they trade with matched bargin facility. My current broker Halifax doesn't deal with them. But hey surprise 😮 HL Won't accept transfer of my shares...... as they are delisted. WTF Next? Answers on a postcard ....
I think most of us would like a rely to that question. I definitely will need guidance.
I got the same
I guess they will do this automatically
HL have replied, as most, in a very generic way, as follows:
What action do I need to take?
If you wish to sell your holding before the proposed listing cancellation you must do so before the end of the day on 8 January 2024. The trade will be placed in accordance with our terms and conditions and subject to our standard commission rates. You can sell these shares online at www.hl.co.uk. Please note that although Hargreaves Lansdown will endeavor to sell your shares it may not be possible to sell all, or even any, of your shares if a market for the shares no longer exists.
If you wish to maintain your holding you need take no action. You should note that following the cancellation you may have difficulty selling this investment at a reasonable price and, in some circumstances, it may be impossible to sell it at any price.
Important information for holders of Tintra plc shares within a Stocks & Shares ISA
Please note, under HMRC rules delisted shares are not eligible to be held within a Stocks & Shares ISA. As a result any holding of Tintra plc shares within a Stocks & Shares ISA will need to be removed within 30 days of the effective date of the delisting.
I know this is far fetched, but suppose the brave keep hold of some TNT holdings for the future and let’s say the company relists itself in the Middle East as mentioned in a previous RNS. How would this impact a UK tax payer and would it be possible to then withdraw the money without complications if listed there? I hope someone could shed some light in this dark tunnel lol
Anyone have any insight on how to join the telegram channel? Thanks
Total novice with shares really I’ve got money in this share in Halifax share dealing . What happens now ? Would appreciate advice from experienced share dealers .
Thanks in advance.
Thanks for the ride , enjoyed the last 10 years ,and made some profit along the journey. Will watch the new game with interest. Good wishes to the old school players Roger,Phil,Kath ,and Andrew enjoyed the few times we met.
Signing out GLA
For anyone interested in the update issued by Fidelity -
UPDATE 08/12/2023
Further to the previous announcement. The timetable has since been updated and the cancellation of admission to trading on AIM is due to take effect from 7.00am on 8 January 2024.
Tintra PLC has announced a proposed cancellation of trading on AIM, and re-registration as a private company subject to shareholder approval at a General Meeting due to be held on 4 January 2024.
The cancellation is due to become effective from 8am on 15 January 2024.
Following the re-registration of the company as a private company, it will change Its name to Tintra Limited. Further information on the delisting can be found in the Notice of General Meeting.
If you have a regular savings or phased investment plan into Tintra PLC, your payments will be held in your account as cash, so you may want to think about a different investment choice for them. Any withdrawal plan payments will come from the cash in your account, and if there isn’t enough cash available, we will need to sell other investments for you.
Please note that under Stocks and Shares ISA regulations, assets that are not listed on a recognised exchange are deemed to be non-qualifying assets and are therefore not eligible to be held in an ISA. Therefore, if the cancellation is approved at the General Meeting, we will transfer your Actual Experience plc shares to an investment account in your name. If you do not already have an investment account, we will create one and transfer your shares to this new investment account. Please note that that transfer of shares will count as a withdrawal from you ISA and this will have no effect on your subscription allowance for the current financial year. The shares also cannot be transferred back into your ISA at a later date.
I'm awaiting a follow on.
Regarding the Sipp my understanding if am right the share will be held in the Sipp as a holding account and if it does relist again in a few years the shares would be active on the platform once again that’s if it does relist .
Paitech - I hold shares in my SIPP. This is what AJ Bell are saying...
"SIPP holders should note that unlisted shares are not SIPP eligible. Unlisted shares will be displayed within your portfolio at cost and will not be revalued except where this is required in relation to their holding within a registered pension scheme, i.e. at benefit crystallisation events, reviews and pension transfers (subject to change). In these circumstances, it may prove difficult to value the unlisted shares and, should this be the case, we reserve the right to commission a valuation and charge your SIPP for it."
So it looks a simmilar situation to an ISA when it comes to disposal.
How do I join the telegram group,thanks.
Thanks for the list - good to see Interactive Investor are on as sell only - as to when to sell, as always a crystal ball would be good!
Hi MMM. Halifax certainly aren’t helpful here. JPJ recommend ShareDealingActive as a broker, and also provide the list attached. Transfer from an ISA to a trading account takes seconds, once the request is made. Only time will tell us how liquid this share will be on a secondary market. Hopefully it’s going to be different to the typical start up company.
https://jpjenkins.com/download/11095/?tmstv=1696346175