RE: X O share dealing19 Sep 2021 15:06
Mickey63, thanks for that information, I have read similar statements to that somewhere. Let's hope II keep them in the ISA. What are your thoughts on TILS moving to the Nasdaq wrt remaining in the ISA.
From Project Jupiter Doc:
13.2 Old Tiziana Shares held in uncertificated form (i.e. in CREST)Old Tiziana Shares held in uncertificated form will be disabled in CREST on the Scheme Effective Date. Unlike Old Tiziana Shares, New Tiziana Shares are not capable of being held, transferred or settled directly through the CREST settlement system. A Scheme Shareholder who holds Scheme Shares in uncertificated form through CREST (directly or through a broker or other nominee with a CREST account) immediately prior to the Scheme Record Time will be issued New Tiziana Shares in the manner described below.As soon as practicable and, in any event, no later than 14 days after the Scheme Effective Date, Computershare will mail a statement by first class mail to each Scheme Shareholder holding Scheme Shares in uncertificated form providing evidence of ownership of the New Tiziana Shares such Scheme Shareholder holds. Such Scheme Shareholders wishing to deposit their New Tiziana Shares electronically with DTC will need to contact their brokers to arrange for deposit of those shares following receipt of their statement providing evidence of ownership. Temporary documents of title will not be issued and transfer of New Tiziana Shares by such Scheme Shareholders will not be permitted until they receive their statement providing evidence of ownership and effect such transfer in accordance with the directions on such statement. Accordingly, holders of Scheme Shares in uncertificated form should be aware that there will be a delay in their ability to deal with their New Tiziana Shares until after they receive their statement providing evidence of ownership.'
Will they automatically be placed in our ISA's
BB