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Hi everyone,
Italian, a great presentation. Was great to see what the outlook and vision looks like for Napster.
I hope everyone has now received their first payments.
So that everything is now clear for all holders of existing shares, can someone with analytical knowledge please provide a clear breakdown of what holders can expect from the 2nd third and final payments pence price/per held share for each instalment? This seems to be tricky to understand.
I noticed that Lloyds/Halifax has removed my holding details from the share dealing platform, this seems in-necessary, and is a little alarming seeing as though they aswell as other brokers should still be accountable for making additional payments to shareholders? Would anyone else agree? And any ideas why they would do this?
Thanks for your replies.
Thanks for confirming Iklekov / Albert.
Some time ago, I notice documentation had been posted to some shareholders with details of the acquisition. Can anyone confirm the content of such documentation?
srsacquiom.com has been very supportive and excellent communication. Will be providing all documentation and dates of transactions shortly as part of legal freedom of information request. This will clarify when settlements have been made to all parties. Which will also outline why initial payments are beeing withheld from shareholders. There clearly is an irregular anomaly with the likes of HL shareholders having been settled there initial payment back in May 2022.
Also SRS also provided the Napster correspondence email address for clarity which I am also in contact with awaiting response.
Also contacted Lloyds / Halifax for s reasoned explanation for undue delay and withholding shareholder initial payments.
What is interesting, is the official shareholding list seems to be missing my credentials, as a substantial shareholder, would it be possible that Lloyds/Halifax are holding shareholders funds/shares in non-segregated or amalgamated accounts (which is ilegal). These were not held as part of a trust or LLC.
As soon as I receive further feedback from all parties I will provide a further update.
HM
Hi Italian, lklekov,
I am sure all holders appreciate your reply’s. I still haven’t received a response from Halifax.
Contacting: support@srsacquiom.com
Should be the way to go as they are responsible for facilitating the payments, and should be able to confirm if the balance has been paid to the relevant brokers. This has certainly been the case for HL Months ago!! So what is the hold up with the likes of Interactive Investors and Halifax - if we can get SRS to confirm the balances have been paid to the brokers, then we can all be satisfied that we can press for answers.
I suggest all holders of shares, now all as a community, send SRS and their broker an email as a synchronised joint effort today/this weekend to have an explanation once and for all.
Payments should have been made 5 months ago!!
What product are you referring to Rbbe?
Thanks for the replies Mark, Fits, Cheapie, still no communication from Lloyds of Halifax, everyone should start getting on to them now for an explanation as to why their payments are being held up!
Halifax / Lloyds
Who is still waiting for the first payment settlement here? Received notification from Halifax regarding the first instalment payment on 31st JUNE and then nothing since!!
A friend of mine had their first payment from there broker/ Hargreaves Lansdowne on 19th May 2022!!
Is it really taking Halifax Lloyds over 3 Months of holding share holders entitled 1st payments!!
I would suggest everyone who is still waiting for there first payment to contact their provider and ask what is going on! I will be doing the same today. I would also encourage people to change their share provider as Halifax and alloyed service and communication has been the worst of any provider I have ever dealt with, if they don’t get their act together, I will be taking all of my services and banking elsewhere.
All the best Naps shareholders, I look forward to your updates.