RE: General stuff..2 Dec 2024 09:28
Please wait for someone better to reply and sorry about your current problems.
At the moment THG includes ingenuity . They are splitting ingenuity so remainCo is the word for everything that is left in THG, after ingen. So beauty, nutrition etc.
So remain company is left and new company (INGEN)
As ingenuity is moving to private, you have a few options and fill out a form with the broker who holds the shares :
Move roughly 13% of your shares of THG into a new company, which will be private, which will be ingenuity.
You can choose to move less than 13%, 0-13%
You can choose to not get any ingen shares at all, which means all your current shares stay in your Isa, essentially you don't get any more shares, but THG as a whole is cancelling all shares that go ingen so technically your THG shares should be worth more you have a higher percentage of the pie.
Or you can ask to. Exchange THG shares for ingen shares , so gaining more ingen shares than your entitlement, but you loose THG shares
Also as ingen is going private you need to find out how broker does with shares, as normally Isa can't hold private shares
Again please don't go off just what I stated.