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MyTravel Shares

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In 2003 I purchased 1,554 shares in MyTravel. In 2007 MT merged with Thomas Cook. I have just found my MyTravel share certificate but I have now discovered that my 1,554 MT shares are only worth 51 Thomas Cook shares. Anyone know why? :(

Comments

  • shrewsaver
    shrewsaver Posts: 155 Forumite
    From the merger prospectus it seems as if you would have received one Thomas Cook Group share for every one MyTravel share you hold.

    See here (page 9): click here

    Are you sure you haven't sold any since the merger or did you sell some before or during the merger?
    Save £12K IN 2013 Member #217 £3654.88/£6,000 (60%)
    Shares: £273.36 (Bought £494.14) £220.78
    SIPP: £5,366.63 (Bought £5,429.44) £503
    S&S ISA: £11,560.70 (Bought £10,537.58) £1,023.12
  • sioban_2
    sioban_2 Posts: 177 Forumite
    Have just checked back my paperwork - I had 3226 MyTravel shares of 10p each which were converted to 107 MyTravel group shares of 30p each.
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