Member Info for hopeful118

Kinda wishing I sold at 350p a while back.

Agree CWWX those who are prepared for the move have already requested certificates anyone else is better off selling now.

I think it's all part of an ultimate final push in the war. They're sanctioning anything that pays tax in Russia. They've sent the F16s to Ukraine. This is the ultimatum IMO hopefully the stocks survive and there is an end to this war. My plan stays unchanged I will receive certs and register with tabys. If we can cut aways from ployrus then that part can lay dormant whilst we keep polyK afloat. Fortune favours the bold, he who dares wins, in order to live you must be willing to die.

Good luck all and good luck to Ukraine and all who fight for freedom. Hopefully we will come out of this with a more stable world but we are like driftwood in a storm at sea.

I personally am not too annoyed at Barclays but think in regards to brokers not providing certificates that it's outrageous and should be your right to get them converted.

As warren buffet says, price is what you pay, value is what you get.

Hate to say this echo because I wish you were right but the vote is not the end of uncertainty. The government could still screw us over before we've moved.

They might be forcing the pull out prior to vote in case of an LSE suspension or to avoid a complete collapse of share price.

Yeah, the Russian side can maybe pay a dividend and the kaz side is a legit business. Hopefully slippery Sunak doesn't sanction us just before the redom.

Hard agree, get out while we still can, return shareholder value.

That sounds like a lot of work, will have to add it to my to do list. Maybe tabys is the way forward for now.

Newdeal,

dam, that's what I was thinking it's the ID that will take time. What is the process? Can I take it to a lawyer i the UK or something? I sent mine through the post for Barclays but I don't fancy sending my passport to Kazakhstan!

I'm UK citizen just wondering if I'd be able to set up an account on time.

Anyone know if I'd be able to set up a freedom finance account in time to buy on the 26th? Would my stock be transferred automatically?

POLYMETAL INTL PLC

DELISTING

Polymetal Intl Plc have proposed their plan to delist from LSE following a re-domiciliation, subject to shareholder approval at the company AGM on 30 May 2023.

The company will re-domicile from Jersey into the Astana International Financial Centre in Kazakhstan. This is not supported by Smart Investor.

More information on this can be found on the company’s website here: https://www.polymetalinternational.com/en/re-domiciliation-agm/

Following the AGM, it has been indicated that the stock may suspend. To make sure any sale trades are settled before the stock suspends, the last day for selling will be 25 May 2023.

What this means for you

Please note any action you may take as a result of this notification is carried out at your own risk

Below we’ve listed alternative options available. These options contain dates specific to Smart Investor. Please consider which option best meets your needs

1) To sell your holding yourself you must make sure your trade has been completed before 4.30pm on 25 May 2023 by logging into your Smart Investor account and placing your order by following the normal dealing process. Online transaction fees will apply

2) Or, you can sell your holding by calling us on 0800 279 3667* or if calling outside the UK +44141 352 3919*. Telephone transaction fees will apply

3) Take no action (default). We will be placing a bulk sale on 26 May 2023. There will be no dealing charge for this transaction and sale proceeds will be paid into your portfolio 2 business days after the sale

It is your responsibility to ensure you are aware of any tax implications. Please seek independent tax advice if you are unsure

Please note any action you may take as a result of this notification is carried out at your own risk

Just got a corporate action from Barclays basically saying if the vote goes through to leave they will bulk sell on 26th. I already ordered certificates so it shouldn't affect me. Might be able to get a cheap price if you can set up with a broker to buy.

It's not a great advert for HL all this, Barclays have been very helpful in this regard and as such I will stick with them for the foreseeable. (I've ordered certificates for Poly and intend to use tabys)

I'm glad of the move because it means that the business can survive, which is the reality of the situation. it's about survival!

Magic,

I think maybe they'll be looking yo get settled first. If they can split the Russian business then at least polyK will be stable enough to pay.

Jotom,

I was thinking some kind of escrow or something, I'm just not sure how that works.

It says on the Q&A that NSD holders still can't receive a dividend. Do you reckon they will/can pay one even if the NSD holders can't receive it?

How long will it take to redom once it passes the board vote?