Member Info for jotom750

Thanks Hippo.
That is the sort of thing I was thinking of, there are possibly/probably a few options, there are far more countries where we are not sanctioned than ones where we are, as far as I can make out. As this mess and war goes on...and on, it seems to me that the government is simply punishing EVR/POG etc, they have no interest in British shareholders what so ever. I could easily see in a breakup situation worldwide EVR assets being flogged off cheaply to 'friendly' companies/competitors that have their government's 'ears' in their respective countries.
GLASH.

Hippo.
What you say seems reasonable, but are you (I'm not) aware of all of the various methods of reorganising a companies share ownership? A or B shares, new rights issues, Voting/Non voting etc etc. It seems to me that Evraz is quite a fair company with small shareholders, (though it's probably in the interest of the big ones as well), reorganisation in some way 'may' give options and freedoms presently not available to it.
This is not to say that it could/will happen, it's just to say that as I don't know it could, I also don't know that it cannot.

Lee.
That is my interpretation also. How these things are effected by U.K. government regulations I don't know, but it would seem to give them more 'wriggle room' if they needed it. I still have not finally decided yet though regarding paper/electronic. (I didn't say I was quick!).
GLASH.

One argument will possibly be, "If we loose this buyer, we may not get another offer". Who is going to argue against that?

Poor.
There are many more that you would think.
https://www.gov.uk/government/publications/recognised-stock-exchanges-definition-legislation-and-tables/recognised-stock-exchanges-definition-legislation-and-tables-of-recognised-exchanges

Hi Deb
On my II account, their value (Mine are at 84p for some reason) swap between zero and the 84p depending on the time of day. For an hour or so after close of trading )obviously Evraz are not traded) they are shown as 84p, (I'm happier then ) later they revert to zero value. (That makes me sad). The next day it's repeated. Why, I have no idea.
GLASH.

ICE.
As a shareholder I really want to agree, but POG has just gone down the pan due to the sanctions placed upon it. How difficult would it be for the US and Canada divisions to be sold off (probably on the cheap) to friendly companies in their respective countries?
I don't see many tears being wept for the little guys like us. How the likes of the big share holders are placated I don't know

Thanks LB
That does not sound great in my view. I do now wonder if Evraz saw this coming, and that it has influenced their advice/information regarding paper share certificates?
We can all see how hypocritical these actions are.

Buck.
Yes, the differences of opinion and actions are all very confusing. I am tending toward leave as is. Though these are personal choices and I would not wish to influence others.
GLASH.

Apologies for the page set out :(

Continuation.
"CORPORATE ACTION NOTICE
Important information about your stock 22 July 2022
A corporate action is taking place in relation to EVRAZ PLC (stock code B71N6K8), which you currently hold in your
portfolio. What is happening? Termination of Registry
Termination Date: 19th August 2022
On 18th July 2022 Evraz plc, which is currently suspended from trading on the London Stock Exchange, announced to
the Stock Exchange that Computershare Investor Services will cease to act as the company’s registrar from 19th
August 2022. Within the announcement they also stated that shareholders may wish to convert their electronic shares
into physical paper shares, and that shareholders should contact their broker if they wished to do this. Please be
advised that you are under no obligation to convert your shares in this manner. If you don’t decide to convert, we will
continue to reflect your Evraz shares on your portfolio, maintain a record of your holding on our books, and you will
still be able to trade your Evraz shares through us if the suspension is lifted and trading of Evraz shares recommences
on the London Stock Exchange.
If, however, you do wish to convert your shares into physical paper form, registered directly in your own name, you
need to contact us by phone at 0345 607 6001 by 12th August 2022 at the latest, and request the withdrawal of these
shares into your own name. Any requests to withdraw the shares will be charged a GBP35.00 fee + GBP7.00 VAT. All
requests will be handled on a reasonable endeavours basis.
Please be advised, if you hold your shares in a SIPP or Junior ISA, the option to withdraw your shares is not available
on these products.
The official announcement made to the Stock Exchange can be viewed here;
https://www.londonstockexchange.com/news-article/EVR/evraz-plc-termination-of-the-registry-and-associatedservices/1554450

I assume from this "If you did wish to remove the stock in a paper Share Certificate from an ISA before the deadline date, it would lose it's ISA Tax Wrapper status." that inaction would not change the stocks/values ISA qualification. So all would remain as qualifying. This is OK as far as it goes, but does not possibly (or does it) make any reference to a potential new listing on another qualifying market. (Or maybe it's too obvious to be mentioned).

Buck. Reply received.
"Thank you for your secure message dated 2 August 2022.
Our Corporate Actions Team have made a notice available for you to read on your account regarding this. To locate this, please select the Person Icon > Document History > (Document Type) Corporate Action Notifications > Apply Filter > EVRAZ PLC EVRAZ Confirmation. If you did wish to remove the stock in a paper Share Certificate from an ISA before the deadline date, it would lose it's ISA Tax Wrapper status. However, you are provided with the option to leave the stock in your account until a time that the stock may re-list.
Typically, if a stock is de-listed from the market, the company is unable to issue dividends.
We trust that we have answered your questions, however please do let us know if we can do anything else for you. You can continue to write to us by secure message.

I will continue this on the next post.

Simon.
Obviously anything 'could' happen, but I don't see that the big U.K. fund holders of Poly would be happy if that were allowed to happen.

I've noticed a 25% or so rise in 'JPMorgan Russian Securities Plc' over the last month, they were beaten down just as Poly have been. I just wonder if this may be a sign of a slight upward trend starting. It may be worth looking at other similar companies /stocks to get a feel for this.
GLASH.

Buck.
I've just sent this email to Interactive Investors support team. Hopefully I've included all questions. I will keep the board updated as to the reply when available.
GLASH.

"Dear Sirs.
I have seen mentioned that Evraz may (or may not) be delisted from the LSE. Can you please outline to me what II's attitude and actions will be in either of these cases?
What would be the effect if Evraz were to quickly/instantly relist on another ISA qualifying exchange ?
How would these potential actions effect dividend payments if made ?
Please also include any other relavent information as you see fit.
Many thanks.
Kind Regards."

Buckeye.
Thanks.
Am I correct then in saying that if the company delisted from LSE and instantly listed on another ISA qualifying market then the ISA wrapper conditions would have been met and hence no ISA removal required? If this is so though why would brokers be removing stocks from the ISA's before this were known?

Golong.
I understand what you are saying, but what MBJim said is also very relevent as one may take one action if the potential penalty were £2K and quite another if that were £10K. He's right I think that it's very important to get the levels of exposure correct.
Thanks to all.
GLASH.

Thanks Jim.
I'll look into it in more detail.
Sadly my accountant is not longer around to answer my questions.
https://www.gov.uk/capital-gains-tax/rates

Golong.
As you rightly say, it's important to many people. The issue is the unknowns and different peoples views as to probability of various outcomes. As people have different standpoints, my hope is to balance the knowns with the less well knowns. Just like with a baby, 'POP'! will come out the answer!
GLASH.

MBJ
Thanks but would that not be taxed at the higher levels if one has income of over £43K'ish?