Member Info for Dave73

Suspended , pending T/O talks

Not sure about that if we have backing from BP, or possibly a buy out from them anyway ? we can only wait and hope they relist somewhere and quickly , may be a whole new Company exploring in Moldova/Ukraine ? Doing my head in for the last 7-8 years

You will still a shareholder in whatever form it takes , it could consist of a multitude of corporate events i.e consolidation / cash offer / cash offer plus share in possibly new Company. yes you will pay extra for dealing/trading shares on an overseas exchange and yes monies will need to be converted to sterling for credit on your account should you sell up. Your broker will provide all those facilities at a cost. CGT only payable on your profits as per norm. An example of this is Matra Petroleum another dog of a share now suspended , they went from AIM to Swedish exchange and was holding Swedish line of stock after transformation from UK equity. Wish I sold when they did but would still have been a big loss for me so held and now look at them. Do not compare this value with FFR different animals. If I sold my broker would take care of the sale and convert proceeds to sterling all at an extra cost as classed as an overseas deal. Of course all exchanges charge different costs , and should we relist somewhere then these costs can be attributed and will no doubt be advised by your broker whom you trade with. Hope helps.

Do NOT expect to be involved anymore , sorry missed a word out. Thus my belief relist will not be UK market

Ok hope this clears up a lot of things for everyone and of course different brokers may hold your shares differently.
Computershare registrars no longer act for Frontera and certificates have been sent out to all registered holders (if held in nominee account then your broker will have received one certificate for the whole holding , they nor Frontera can issue individual certificates) Your holding should be shown still on your broker account with a nil value until such time a decision is made either to relist on the UK market or indeed elsewhere. When and if relisted your broker will apply a value to your holding whatever is deemed appropriate by the company and the subsequent market. III my broker continue to show my holding which I believe the true way to show this until such time relist or closure has been decided, Computershare do expect to be involved anymore with Frontera , which leads me to believe this will (hope) relist in the states and holding will be created in due course with a market value. Just need Frontera to speak up and update us...ha ha.
Hope helps.

Think a sale thats been holding down the price.?

Sorry think I miss read it,doh

They delisted cos the nomad resigned they didn’t choose that route , well so we led to believe.

Only joking lol

I don't doubt for one minute that if there is a takeover then crest will apply all the cash/shares via Crest instructions and your broker accounts will be credited accordingly. All guess work still but could be a mixture of cash and shares , could be nothing , could be just a relist via new Nomad and of course expect consolidation. Could be new company called Frontera Ukraine/Moldova ski.

Whatever it is its bloody time we got going before Block drain it all. GLA

Already sent them a mail couple of hours ago but not expecting an answer , will post of course if I get one either way.

Perhaps YJ could get an answer to this question if they have been paid final payment or not and that can we forget about YA now as paid in full. Of course FRR may not wish to disclose this payment in the middle of court case , we can but try , anyone know anyone at YA to get an answer ??

There may be some substance in this as if in league with BP this may result in a complete buy out of Frontera Georgia and thus no certs will be required and all registered holders would receive the cash offer.....In my dreams this take over has already been agreed and awaiting the final ink to dry/or court case to be completed as may affect terms of the offer. All in my dreams of course but not totally out of the question. Come on Zaza give us something to be happy about ,been skint and miserable for years now.

I am 100%sure that they do and would have received updates from Computershare on a periodic basis and especially once the register was frozen. Computershare also would have the list but will not divulge any information as I believe it is controlled by FRR Caymans. If we are going to relist I would expect Frontera to have put CS on hold and freeze the register until relist date and then every holding will be re-instated as it was via Crest updates.

Good luck, I am sure they can confirm your holding otherwise you can ask what they did with it.

Also sure CS would not have sent out certs.

On a favourable outcome for shareholders, as has been mentioned before, expect this to relist on another exchange or may even remain private after buy out from BP thus special payout to shareholders and Computershare not required anymore. This will give Frontera monies to go explore in Ukraine and Moldova. Well lets hope thats what happens. they may then resurface at a later date ? who knows lots of potential outcomes.

My guess is that they have put them on hold until any re-list my broker still shows my holding and so should yours. What did they say about your holding , its been delisted but they still hold the records for your holding.

Then asking Computer share would be of no use as they are held in your broker nominee along with many other no doubt. therefore your broker should be able to confirm you still have a holding albeit a delisted one. Neither Frontera or CS can confirm only your broker. If you an online account then this holding should be showing in your portfolio.

Do you hold your shares as certificated or held by your broker ? thus shares would be held in the Nominee account and not your name , your broker should be able to confirm your holding.

I dont believe for one minute that brokers lend any holders stock without a prior agreement being signed , and this would only normally be large institutional holders which I believe we have none. If anyone can prove otherwise I would be most interested. Most short sellers on Frontera would be using CFD's as it would be unlikely they could source any stock to borrow. YA and possibly Hopeless may have sold short shares that they did not have and got caught out , both because they thought shares would be issued by Frontera to them. I also doubt there will be any certs issued until we/if re-list. Computershare would have a full list of holders which would easily be made as a live register should this happen.