MM02 shares

I have a small number of shares on 02 and, having noticed they are no longer listed in the share index wondered what has happened, they must have changed their name? Where have I been to have missed this?

Comments

  • Chrismaths
    Chrismaths Posts: 931 Forumite
    They were taken over by telefonica. You should have received some documents related to the take over assuming your address is correct on the share register. How did you hold the shares? Do you have a certificate or were they in a nominee?
    I'm an Investment Manager. Any comments I make on this board should be not be construed as advice, and are for general information purposes only.
  • jillski_2
    jillski_2 Posts: 288 Forumite
    I have a certificate.
  • calleyw
    calleyw Posts: 9,896 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    That is strange as we paid out 2/3 months ago. We only had 365 shares.

    Who are the registrars on the certificate as you need to get in contact with them.

    You should have had paperwork late last year telling you about this.


    Yours


    Calley
    Hope for everything and expect nothing!!!

    Good enough is almost always good enough -Prof Barry Schwartz

    If it scares you, it might be a good thing to try -Seth Godin
  • jillski_2
    jillski_2 Posts: 288 Forumite
    Thanks for your reply. Does this mean I wont be able to sell them - was there a time limit?
  • Chrismaths
    Chrismaths Posts: 931 Forumite
    Yes and no. It means that mmO2 no longer exist so you can't sell those shares - but it also means that you are also owed money for the shares that have been compulsory purchased off you. speak to registrars.
    I'm an Investment Manager. Any comments I make on this board should be not be construed as advice, and are for general information purposes only.
  • jillski_2
    jillski_2 Posts: 288 Forumite
    Thanks - will do.
  • calleyw
    calleyw Posts: 9,896 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    jillski wrote:
    Thanks - will do.


    Any news yet on the money you are owed.


    Yours


    Calley
    Hope for everything and expect nothing!!!

    Good enough is almost always good enough -Prof Barry Schwartz

    If it scares you, it might be a good thing to try -Seth Godin
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