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Yippee my dosh for my 549 shares arrived this morning, wow 18 years 😲holding of these beauties I have been receiving dividends net tax since they starting paying a divi - is it worth claiming that tax back as a UK national or will the HMRC ask why I haven't declared foreign dividends previously on my self assesment forms ? E.G just a ball ache ...
Best ring Capita Dublin ASAP Kal -el ! I too mislaid mine but applied AND paid for a copy with my £7.50 acceptance return, I have had communications from them subsequently so think I am ok. Hopefully those more informed on this site may advise you more BUT RING DUBLIN ANYWAY
Thanks 4jaytee - is there a timescale of when we will receive the funds from the sale ?
Whats the situation for those like me who accepted and returned the paperwork @ the 750p offer ?
Sorry Cat, I am out - with my 549 shares to long a wait from buying 18 yrs ago and too much to lose if they get de-listed good luck if your gamble pays off however
I received a phone call last night from a company acting on Enoc/ Dragon oil behal asking me if I had received the paperwork and had I considered the offer.... I answered a vague yes - has anyone elsereceived such a call over this offer?
Hi TT12,nice holding you got there for your initial investment, yes the paperwork is guiding towards selling but Baillie Gifford ( and others )don't like the offer price. Me ? well after holding for 18 years I would jump ship on a great return for £250, just peed off I haven't got the original share cert which Capita will "kindly " do for £90 + £55 admin. Both my banks won't sign the indemnity form ( service eh ?) Have you had divi's though ? I am trying to see if I can claim back the 18% witholding tax paid per divi off Irish Revenue, like you said thought this topic would have been buzzing. My original purchase/ tip went right around the financial services industry which I used to work in, and loads bought these shares on the strength of it K
TT12 Don't bank or spend your money yet ! There was a rights issue quite a few years ago so the value of your holding was changed into new shares e.g I initially bought 12500 old shares @2p each but after the rights issue the holding went to 500 new shares. I am sure there are more qualified people out there will give you (and me ) more in depth info
I like many bought these shares yonks ago before the rights issue etc, I have the original Barclays Stockbrokers contract note for the OLD shares of 12500 purchased ( wish they were they new value ! ) which now equates to 500 CURRENT shares and a Dragon Oil share cert for a further 49 purchased subequently I receive divi's for my full 549 holding will I still need a duplicate for the 500 holding if I sell on their offer of £7.50 per share ? I did speak to the registrars in Eire but got a brusque East European who " answered ? " my query.... hmm On a second issue as a basic rate uk tax payer will I receive our sale proceeds NET of the 18% Irish witholding tax if I decide to sell ? Thanks Kevfp
I seem to remember the consolidation being 3 new for 7 existing at the nominal price and they were relaunched at 25p per new share, whatever you have still made a good profit and your holding should be in excess of £4K !
Anyone know why when Heston Blumenthal served the "celebs" Saki & soda in a mock mobile 80s phone last night on TV, Johnny Vegas shouted "Sell, Sell, Sell GETOUT OF DRAGON OIL !!"