Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
This is confusing as other brokers may be sending out letters saying the same thing shortly.......my understanding is this will be relisting on the LSE which is obviously Hmrc approved, perhaps contact Copl for reassurance unless it’s just an hsbc requisite
When I was in worthington and it got delisted I was offered a share certificate but didn’t need it as my details were on the share register, that never did relist but this will so I’ll have to assume the info will be held and then reinstated in the same share account......I’ll assume art hasn’t made life difficult for a major section of his shareholders.
This is what Halifax says
CANADIAN OVERSEAS PETROLEUM LTD - Important Information
Proposed Cancellation of Listing on the London Stock Exchange (LSE).
And.
Proposed Admission to Trading on the LSE of the enlarged Company following the Acquisition of Atomic Oil (Atomic).
On 17th March 2021, Canadian Overseas Petroleum Ltd (Canadian Overseas) announced that trading in its shares on the London Stock Exchange (LSE) had been suspended following the Acquisition of Atomic becoming wholly unconditional.
The Company also announced that it intended to make an application for the Cancellation of Listing of its shares on the LSE, then subsequently apply for the shares in the now enlarged Company to be admitted to trading on the LSE.
On 19th March 2021, the Company announced that it would formally make the Cancellation Application to the FCA with the Cancellation expected to become effective on 21 April 2021.
The Company will continue to update the market as and when appropriate.
You can monitor any updates from the Company through any regulatory news provider or visit the Company website, www.canoverseas.com/shareholder-information
Thanks elcap I won’t hog this board up too much but many people were holding out for a full sale and were expecting it to be imminent (I was but did sell recently) that doesn’t look as though it’s going to happen anytime soon now and yes there may be a rise on Monday but there will be a sell off quickly after......I daren’t discuss it on the eua board otherwise I’d be crucified.
Sorry to talk off topic but is anyone following the eua update which came out yesterday? most people are wetting themselves over it but I don’t think it’s as good as people make out, surely you wouldn’t enter a JV if your about to put the company up for sale?
Guys did we ever get a definitive answer on what happens to these shares on relisting if they are in an isa.......please tell they won’t get moved to the normal trading account on what could be my biggest ever gain.
Things could be very different when this does open backup, more news / developments, possible SP increase in Canada from where it is now......I know people are comparing this to EUA when that was in suspension, no one could have predicted where that ended up. Actually I’m glad there’s only one joey on here at the moment, normally you get a few pessimists floating around trying to ruin everyone’s party......could bode well for the number of people wanting to pile in on the potential here.