Urban Logistics Share Price (SHED)

To add to the below, I have received a notification from IBKR that the effective date for conversion and cash receipt will be 7 July 2025, which is when supposedly the final amount of LMP shares and cash receipt should be reflected in my IBKR account.

You SHED shares will be replaced by LMP at a ratio of 0.5612 and a cash payment made of 0.428p per SHED share, my II account has the new LMP shares but no cash payment yet, my HL accounts still showing SHED with valuation etc missing and "This stock is an interim line resulting from a corporate action that will be exchanged for cash and/or stock." showing and no cash payment yet.

I had my holdings with IBKR and got the LMP shares reflected in my account today, though did not have a chance to check if the allocation was correct or not. Have not received any cash yet.

Does anyone know what the sequence of events is now that SHED is suspended?

eg When are we to receive the LMP shares, plus cash and able to start trading?

Just got a reply for SHED stating

"I can confirm this will be a property income distribution."