RE: POOLBEG lock-in ending23 Feb 2022 23:57
-This is the information given from ii
Your Poolbeg Pharma restricted shares are not deemed to be ISA-eligible under HMRC rules. You therefore have until 9th March 2022 to request that we move them from your ISA account into your ii Trading account if you have one. In order to move the shares please select ?Cash & Transfers? from your account page, then ?Transfer in?, and ?Account to Account Transfer?. A new page will open where you will be able to instruct us to transfer the shares. Alternatively, you may wish to withdraw the shares into certificated form which will be registered in your own name and posted to you; please contact us by phone if that is the case.
If you take no action before 9th March 2022, we will endeavour to remove the shares from your ISA. This may involve transferring the shares into your Trading account if you have one, opening a Trading account on your behalf and transferring the shares into that account, or withdrawing the shares and re-registering them into your own name. Which of these options applies will be determined by us at the time in our capacity as the ISA Manager.
- I am wondering if this transfer out due to ISA-eligible is only because I put the max 20k into the ISA already this year? Has anyone put in less and still getting this message?
- The other thing I find strange from this message is if they will transfer the shares to my trading account on the 9th, if they do not hear from me, why do they ask me to do it myself before the 9th. I'm guessing that is just the default option and if I wanted the certificated shares or tranferring to some other account I should let them know.
- The whole thing feels like boll*cks.