Member Info for archways

Pianista - I have only just read your 16.07. I had phoned Barclays around 2 o'clock and asked whether or not I could apply for additional shares. The wording above the boxes said that we can apply for additional shares, but the wording below the box for applying for additional shares said something like Additional Shares Maximum 0%. I was told that we can apply for additional shares so I asked them to report to management that they were issuing an important document which contains incorrect information.

They also confirmed that if we complete the form now but wish to change our mind later we can alter the figures before the 15th.

A number of posters criticise Barclays Smart Investor. I have always been content with their service, but this incident does make me wonder whether they take sufficient care when drafting important documents.

duracellAA - I phoned Barclays yesterday afternoon and spoke to Graham who put me through to Marianne. She told me that the form would probably be put onto their customers' accounts at 5pm yesterday. It is not there yet, but I am not worried - there is still plenty of time to apply for the open offer shares.

All of my shares in Sirius are held in a Barclays nominee account. I phone Barclays shortly before the AGM and ask for a letter confirming my holding so that I can attend the meeting. The letter arrives a day or two before the meeting. I present it to the people who sit by the door to the room where the AGM is held, and I am given a voting card. I do not need to own any shares in certificated form.

I had never before come across the word jejune that was used by paaa earlier today so I googled it, found Urban Dictionary.com, and saw the entry dated 24th February 2014 attributed to Lord Sebastian.

Okay it is only one man's opinion, but it is not very complimentary.

Too wise you are, too wise you be, I see you are too wise for me.

The 2017 AGM was held on 29th June 2017 and the 2018 AGM was held on 31st May 2018.

At the 2018 AGM I was the shareholder who thanked the Board for bringing the date forward by a month, but I pointed out that the Accounts had been signed by the Directors and the Auditors on 5th March and I wondered why the AGM had not been held until 31st May.

I hope that this year's AGM will be held in April.

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It is not clear from rrrRRRrrr's message at 22.45 yesterday whether he held any other shares prior to "I started buying only sxx shares in 2016". If he didn't sell in 2017/18 any other shares, and his only sale was the Bed and ISA on 6th April 2017 then it would appear that he could not have exceeded his annual exemption limit for that year.

The low point in 2016 for SXX was 10.75p in February, and the 6th April 2017 share price was 21p. To raise £20,000 he would have sold say 95,000 shares which would have cost a minimum of 10.75p = about £10,200, creating a profit for CGT purposes of about £9,800, well below the exemption limit, and that assumes that he bought all of his SXX shares at the lowest possible price which clearly he didn't.

Old Rascal said in his message at 23.22 yesterday that one can choose which purchases you sell. My understanding is that all purchases of a Company's shares must be pooled, so that the cost of shares sold is the average cost of the whole holding.

322,500 in an ISA. Sarir - are you a Potter?

Page 74 of the Annual Accounts shows that CF's "overall LTIP award" could be 5 x his 2018 salary of �514K which, together with benefits and an annual bonus, would make his total remuneration for the one year 2021 �3,839K (as shown on page 81). TS's "overall LTIP award" could be 4.75 x his annual salary for 2018 of �344K (not 3 x salary), which would make his total remuneration for the one year 2021 �2,571K. This "super stretch performance bonus" will only be paid if the first polyhalite is delivered by 15th March 2021. If the first polyhalite is not delivered until shortly after 15th March 2021 page 81 shows that CF's earnings for the year 2021 will be �2,295K, and TS's earnings for the year 2021 will be �1,416K. There is therefore a sizeable incentive for the Executive Directors to achieve the 15th March 2021 target.