When you receive them, make sure you keep your certificates in a safe place!
We may not be able to use them for months/years and these bits of paper have a way of getting lost. Getting hold of replacements can be a pain in the rear.
GLA
Jatinm - In fact, there is a company willing to trade Evraz Over The Counter (off exchange) right now (see thread below "OTC/UK Broker now live". I understand they have offered 40p a share. If you're interested in selling at that price, speak to your SIPP provider about whether or not they can facilitate an OTC transaction on your behalf.
I'm not sure it will be possible as your shares may be held in Crest rather than certificated form, but your SIPP provider can clarify for you. At the very least, you can rest assured that there is a market and a price for Evraz even today.
Jatinm - Don't stress. If you held Evraz in a SIPP then you didn't have the option of requesting a certificate. There was a general issue with that particular tax wrapper.
The company has not de-listed from the LSE. It remains listed, for now, but suspended from trading. Your money has not been lost despite what some geniuses on here say. You just need to wait and see how the situation progresses from here. We still may lose everything or it may become unsuspended over time and trade again. We're still within that wide spectrum.
It's probably just a cut and paste job from a previous company that someone junior messed up. I can't get too hung up on it myself.
Also, I'm not sure they would be offering a price. I think they just facilitate a match between buyer and seller based on volume of shares available for sale. Not sure on that so apologies if that's way out West.
Why would a sanctioned company with the bulk of its assets at the mercy of VP's regime be valued at £6ps?
The NA business's is up for sale and we don't know if and when any sales proceeds will be released to the company.
When calculating the value of the shares, you need to take these factors, as well as others, into account. Plucking £6 out of the air based on nothing makes absolutely no sense.
It was in a thread on here a few days ago titled "Suspension" that the FCA may cancel a listing if the stock has been suspended for more than 6 months. The six month period was up on Friday so that's why I thought we could get de-listed by the FCA as early as tomorrow. If that happens then shares will no longer be eligible for ISAs and they'll get transferred to an ordinary dealing account.
Sothey Capital state that: "Finally post de-listing, on August the 19th 2022, the final day arrived for electronically transferring shares in Evraz Plc."
I didn't realise that Evraz had officially de-listed. Wouldn't there have been an RNS confirming that the company had moved from suspended to de-listed...? Or is that coming tomorrow...
My kids JISAs are showing the number of units held but value as N/A. This may be connected to the fact that the shares have been suspended for 6 months now. Either way, HL should have written to us to tell us what they were doing BEFORE they did it.
On a separate note, my wife's share certiifcates have still not arrived. Again, no explanation fro HL as to the cause of the delay.
No overly impressed with HL TBH...