RE: Sold up17 Feb 2026 01:41
Posted on another forum, now who would script such nonsense, lies? Solidcore Plc Investors Relations Dept/The company itself? Mr Vitaly Nesis you should be ashamed the desperation on your part. Hoarding inventory and lies, an ex FTSE 100 Company. The Post as much but more..
1. What should one do with SOLIDCORE shares you currently hold in your H&L ISA ?
If you had Polymetal International plc shares on the LSE before it’s de-listing (August 2023), they were cancelled from trading in London, and the company redomiciled to Kazakhstan as Solidcore Resources plc.
Many UK brokers (including Hargreaves Lansdown) do not support trading on the Astana International Exchange (AIX), where Solidcore is now listed.
That means your shares will often just show as a “suspended” or “non-tradeable” line in your ISA account. You still legally own them, but you can’t buy or sell through HL.
2. Can you just “wait” for a relisting?
Yes, you still own the underlying shares, and if Solidcore eventually relists on the London Stock Exchange, they would become tradeable again in your ISA.
However, this is not guaranteed, and the company itself has said that a London relisting is unlikely before 2026 at the earliest. Some observers even suggest it might not happen until later, if at all.
While you wait, you’re effectively locked in: you can’t sell or switch those holdings through HL unless Solidcore makes its shares tradeable on a UK-recognised market.
3. Risks of the “just wait” strategy
Time risk: You may be stuck for years with no liquidity.
Geopolitical risk: Solidcore still has exposure to Russia/Kazakhstan, which means sanctions, currency controls, or political changes could affect the value.
Corporate risk: If Solidcore restructures or pays dividends, you might not be able to receive or reinvest them easily through HL, depending on how they handle AIX-listed securities.
4. Alternatives
Some investors have:
Transferred holdings to brokers that support AIX trading (specialist international brokers, not HL).
Waited for corporate actions (like potential buybacks or a future relisting).
Written them off mentally until the war ends / situation normalises, treating them as “frozen assets.”
Summary:
You can simply wait and hope for a London relisting, in which case your HL ISA shares should automatically become tradeable again. But there is no certainty on if or when this happens (2026+ at best). Until then, your holdings are illiquid, and you carry geopolitical and corporate risks.
Proceeds from such a buyback would initially go into a trust account and won’t be released until sanctions or restrictions are lifted, if applicable. You’d then need to claim your funds through Euroclear.
3. What This Means in Practice for Your HL ISA
You still own the shares, but they remain effectively locked and untradeable within the ISA until they’re relisted or exchanged to AIX.
HL cannot complete the AIX exchange for you. You’d need to use a broker that supports