Member Info for kevwed

Thanks Orbiter, I had the same discussion with them the other day,they insist that NEX is not recognized with HMRC.I even asked if they cam back onto Aim if IWEB would transfer them back into my isa to be told "no you would need to do a sale and rebuy". I think we are just going to have to face that if Churchill are successful the we are going to lose a whack to CGT.

Maestro1 i have just spoken to samuel at iweb and he said NEX is not recognised by HMRC. I also asked if chl relisted on AIM if my shares would automatically be put back into my isa and he said i wiuld need to sell and re-buy.

Orbiter i have also just recieved the same letter from iweb

Anyone else using iweb get a corprate action saying that the shares were going to nex where iweb cannot trade?

It would be nice to know if they are planning on re-listing on AIM at some point. Emails, phone calls not answered i think this is a forget it job. We have lost our money while whats left of the board are prob sunning themselves on the caymens

Message that has appeared on my iweb account; GN Group Limited has cancelled its listing on the Alternative Investment Market (AIM). The Cancellation became effective at 7.00am on 7th March 2017. You should be aware that following the Cancellation of Listing, you are no longer able to sell or otherwise trade your GN Group shares on AIM. The Cancellation from trading on AIM is a result of ZAI Corporate Finance Ltd terminating its engagement with the Company as its Nominated Advisor and Broker on 6th February 2017. As a replacement Nominated Advisor was not appointed within one month of that date, admission of the Company's shares to trading on AIM has been cancelled. The Board will continue to seek alternative options for trading the Company's shares. In the meanwhile, the Company remains active in identifying new investment opportunities in line with its investment policy. Should you wish to find more information about the Cancellation of Listing, please visit the GN Group website, www.gngrouplimited.com. And yet still nothing from the board

Still no RNS telling us what is going on. I emailed them a couple of weeks ago and havent had a reply back

i hope this comes out of suspension soon as i dot want to be the last buy ever...

Thank you, still trying to get me head round some of the terminology

So as my previous question, if i owned 17000 i would now own 1000, so they are reducing the amount of shares in circulation as apposed to a split when they increase?

Say for example i had 17000 shares and the resolution gets passed, would that mean i now have 18000 or 1000?

thanks

Hey guys, Can anyone clarify what this means as im new to share dealings. I had an open offer a few months back on another company of 25/2 where i could buy 2 shares for every 25 that i held at a reduced figure.I have been looking around to try and find out what this one means as seen on a website "There is also a 17 for 1 share consolidation so 0.33p is acually 5.61p in new money " so does that mean for every share i hold in KEFI i will be given 17?