Member Info for countyexile

It may not be a sell. I topped up 1,000,000 shares at 0.427 a short while ago and it is showing on here as a sell not a buy. They often get the buy / sell wrong

HL emailed me again yesterday and assured me the instructions would be sent out by Tuesday 19th at the latest.

I agree. Can't see the dilution creating a large drop and probably only a temporary one. HL's response when I asked about the rights issue was along the lines of Shareholders will be notified but we can't say when!!

Mine are held with Hargreaves Lansdown through CREST and still haven't received the offer details from them. Given the bank holidays this month and the cut-off date of 29 April to complete the application process they are cutting a bit fine!

Just because deals are showing red doesn't mean they are all (or any) sells. It has been covered on here a number of times before but the data input to the systems used by platforms such as these doesn't show whether the deal is a sell or a buy. The programme guesses which it is based solely on the trade price and often gets it wrong. For example I topped up 66,000 shares just after 9 am yesterday at 23.71p and it appeared on here and on the EUA website as a sell when it was definitely a buy.

https://www.sharesmagazine.co.uk/article/the-benefits-of-using-your-partners-isa-allowance

I topped up 44,000 shares this morning at 18.44p and it's showing as a sale.

Email from Fidelity Investments with online voting instructions

The headline manifesto pledge was "We will not raise the rate of income tax, VAT or National Insurance." No mention of Corporation Tax, so where is this pledge breaking you are on about Tombi1?

From the Halifax website:-

"Moving stock or money into an ISA
Moving stock from your Halifax Share Dealing Account into a Halifax Stocks and Shares ISA
To transfer an existing investment into your Halifax Stocks and Shares ISA from your Halifax Share Dealing Account, you will need to sell your investment(s) first and then re-purchase them within the ISA (this is an HMRC requirement which is commonly known as bed-and-ISA). Please note that selling online or over the phone may also trigger an event for Capital Gains Tax purposes.

You can complete this transfer online or over the phone however we would recommend calling us, as this is the quickest way to complete a sale and re-purchase.

Moving investments into a ISA by phone (bed-and-ISA)
Step 1 - Sell your shares by calling us on 03457 22 55 25 (Calls will be monitored and recorded. Call costs may vary depending on your service provider).
Step 2 - We will automatically transfer the sale proceeds into your Halifax Stocks and Shares ISA.
Step 3 - You can then invest in any ISA eligible stock over the phone (we don’t charge you dealing commission for your re-purchase).

Moving investments into an ISA online
Before you transfer investments into an ISA online, you’ll need to be aware that when you complete a sale, you will not be able to transfer this money into your Halifax Stocks and Shares ISA for 2 working days. Please consider that the price of your investment could change within this period.

Step 1 - Trade the investments you want to move into your ISA online (make sure your investment is eligible for an ISA first).
Step 2 - Once your sale proceeds have settled (after 2 working days) you’ll need to contact us to move your cash into the ISA.
Step 3 - When the money is showing in your ISA you can complete the re-purchase online.
Please note, usual dealing commission applies for the sale and repurchase when completing this process online.

Moving cash from a Halifax Share Dealing Account into a Halifax Stocks and Shares ISA?
To transfer the cash into your Halifax Stocks and Shares ISA from another Halifax Share Dealing Account you’ll need to contact us by Web Chat or by calling us.
Please note, your money must be showing as ‘available to withdraw’ before it can be moved into your ISA."

I haven't had the email yet but a summary of changes from their website is:-
"Changes at a glance
Flat-rate customer administration fee. We’re introducing a new £36 annual customer administration fee (the equivalent of £3 per month) to cover the costs of running our service. This one fee will cover all of your Share Dealing Accounts, ISAs and ShareBuilders, and the first fee will be taken in April 2022.

ISA administration fee. From April 2021, we’ll no longer charge the annual £12.50 fee as this is being replaced by the customer administration fee. We’ll collect your final payment for the 2020/21 tax year in May 2021 in the usual way if you have an ISA.

Online dealing commission. We’re reducing the online dealing commission for all trades from £12.50 to £9.50 from 1st April 2021."

There are also pdf downloads with all the detail and options should you wish to close or transfer the account.

If the shares are held within an ISA then any dividends on those shares would also be tax free

Couldn't access my Halifax or Fidelity accounts for much of the day and Trading 212 took ages to process a purchase (not EUA)

The original notice from my broker said:-
"Provided that the offer receives shareholder approval at the General Meeting on 2 November 2020, and you choose to subscribe for shares, your new ordinary shares will arrive in your account with us as soon as possible on or just after 4 November 2020. We will then provide you with details of your new investment."

Mine are with Fidelity Investments and had the corporate actions message relating to the offer just now.

Oops maybe not 2 days if you do it over the phone, only if you do it online

You can't just transfer the shares across to an ISA you have to sell and then re-purchase within the ISA. Even over the phone with Halifax it takes 2 days for the funds to clear before you can re-purchase. This is from the Halifax Site:-
"Moving stock or money into an ISA
Moving stock from your Halifax Share Dealing Account into a Halifax Stocks and Shares ISA
To transfer an existing investment into your Halifax Stocks and Shares ISA from your Halifax Share Dealing Account, you will need to sell your investment(s) first and then re-purchase them within the ISA (this is an HMRC requirement which is commonly known as bed-and-ISA). Please note that selling online or over the phone may also trigger an event for Capital Gains Tax purposes.

You can complete this transfer online or over the phone however we would recommend calling us, as this is the quickest way to complete a sale and re-purchase.

Moving investments into a ISA by phone (bed-and-ISA)
Step 1 - Sell your shares by calling us on 03457 22 55 25 (Calls will be monitored and recorded. Call costs may vary depending on your service provider).
Step 2 - We will automatically transfer the sale proceeds into your Halifax Stocks and Shares ISA.
Step 3 - You can then invest in any ISA eligible stock over the phone (we don’t charge you dealing commission for your re-purchase).

Moving investments into an ISA online
Before you transfer investments into an ISA online, you’ll need to be aware that when you complete a sale, you will not be able to transfer this money into your Halifax Stocks and Shares ISA for 2 working days. Please consider that the price of your investment could change within this period.

Step 1 - Trade the investments you want to move into your ISA online (make sure your investment is eligible for an ISA first).
Step 2 - Once your sale proceeds have settled (after 2 working days) you’ll need to contact us to move your cash into the ISA.
Step 3 - When the money is showing in your ISA you can complete the re-purchase online.

Please note, usual dealing commission applies for the sale and repurchase when completing this process online."

Me too Tiddlor, couldn't do it online but managed to buy on phone

Halifax has now allowed me to top up but Fidelity still not allowing buys or sales

Struggling to top up at the moment. Most held in a Fidelity Investments ISA and some held in a Halifax Share dealing account. Neither will allow me to top up Halifax quoting "market volatility" and Fidelity giving no reason.