RE: RNS3 Feb 2023 21:10
Hi Sooz. It’s rubbish. And I’d have to use PrimaryBid too. I’ve just received this reply from ii:
“…Thank you for your Secure Message.
Unfortunately, we would not be able to comment on the details of the event as this does not appear to be a corporate action we have been notified of.
If the event is through Primary Bid, you do not need to log a transfer online and no paperwork is required. We can only transfer shares from a Primary Bid subscription event into an open Trading Account so we cannot transfer the shares into an ISA. It is your responsibility to ensure Primary Bid have the correct Trading Account information and the shares will not be transferred until it is provided to Primary Bid.
Once the shares are deposited to your Trading Account, you can place a Bed & ISA to move them to the ISA….”
So ii hasn’t been notified of this being a corporate action. Not sure why, as it starts on 9 February, but it might be because it is a retail offer and not a RI in the UK. Naturally I’m disappointed, as this situation would mean I’d have to sell some from my ISA. Transfer that money to PB, for them to then take the cash, move the shares to my trading account, then I’d have to do a Bed & ISA.
So, I’m not bothering. I was hoping that I could keep the whole thing within the confines of ii.
Good luck though Sooz.