Tender offer26 Jan 2015 17:54
Hi ping pong, I think from reading the rns jim will retain the same proportion of shares as before, so if we can't sell them he can't either. That said I know someone with a hargreaves lansdown account that reckons they were able to accept the offer.
I have formally complained to TD as I don't really understand why they can choose not to facilitate the tender. I doubt they will change their mind but it will be interesting to see where it ends up and if I'm compensated.
Still if I can't sell I think the underlying company should do well over the next year.