Peter Jones Tycoon ITV Show Bladez Toyz Shares

Hello! Not sure if this is the right place to be posting this so sorry if it's not.

In 2007 I (and 1,999 people) won this competition. The winners all got shares in Bladez Toyz, the winner of the ITV Peter Jones contest "Tycoon". In order to receive the prize I had to open an account on share.com so the shares had somewhere to go. Eventually (after months of waiting) I got a statement off them showing 20 shares in my account. Bladez Toyz still isn't on the stock market so the shares are worth £0.00. Every now and again I receive a statement off The Share Centre displaying my accounts shares (20 shares - worth nowt).

A couple weeks ago I received a letter off The Share Centre telling me I'll now be charged £1.50 + VAT a month to have the account open. I've sent an email on the Peter Jones site and one to Bladez Toyz asking about the shares but have still received nothing.

I'm posting in the hope any of the other winners see this and to warn them about the charge and ask what is it your going to do with your account? I'm not sure whether or not to close mine. Will I still be entitled to the shares if I shut my account now and the company goes on the stock market in the future?

Cheers!
«13

Comments

  • pugsley29
    pugsley29 Posts: 726 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Worse promo ever
    :mad:
    I didn't get any notification but I have moved house, I have queried this a few times but they do not even answer emails.


    Can I close the share account?
    Wishing you a lucky 2023: 🍀🍀🍀🍀🍀🍀🍀🍀
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Try doing it publicly https://twitter.com/dragonjones
  • jenny10322
    jenny10322 Posts: 219 Forumite
    custardy wrote: »
    Try doing it publicly https://twitter.com/dragonjones

    i agree kick up a fuss

    :(
    Joined the comping world: May 2013
    Total of prizes so far £400
    I follow back @jennywren10322
  • shimmer101
    shimmer101 Posts: 128 Forumite
    edited 2 August 2013 at 9:51AM
    Really ridiculous situation :(

    Good luck, hope that it gets sorted out for everyone that won!
  • Zanzib
    Zanzib Posts: 5,376 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    The only other avenue of complaint I can think of is the FSA...
  • rawr123
    rawr123 Posts: 234 Forumite
    Eighth Anniversary Combo Breaker
    that's a stupid prize! complain to peter personally asking for £100 or whatever as its not your fault that the company stopped. Good luck
    Thank you to everyone that posts on here
    prizeless for a year :(
  • Blulu
    Blulu Posts: 7,828 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    The thing is though, that if your prize was shares my instinct is saying that they won't be obliged to honour any monetary gain, because shares may/may not make a profit. Don't take what I'm saying as true, because I am not pretending to be an expert, but perhaps be prepared in case that is the way it goes.

    Good luck with sorting it

    Blu X
    I am brave, I am bruised
    I am who I'm meant to be
    I'm not scared to be seen
    I make no apology
    THIS IS ME!


    When you talk down to others it says more about you than them.
  • mije1983
    mije1983 Posts: 3,665 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    Blulu wrote: »
    The thing is though, that if your prize was shares my instinct is saying that they won't be obliged to honour any monetary gain, because shares may/may not make a profit. Don't take what I'm saying as true, because I am not pretending to be an expert, but perhaps be prepared in case that is the way it goes.

    Good luck with sorting it

    Blu X


    Unfortunately for the OP, this is the way I see it going. You have the shares as promised, but because they are not yet on the stock market, the value of them is 0. Although a public tweet to Peter Jones may lead to something.

    Can you look into moving them from Share Centre to somewhere that doesn't charge?
  • pugsley29
    pugsley29 Posts: 726 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    I gave up on this ages ago and it was only worth about £100, so will track down my paperwork tomorrow and try and close the share account.

    I am just chalking it up to the worst promo ever and my only (so fa;)r) ITV win :rotfl:
    Wishing you a lucky 2023: 🍀🍀🍀🍀🍀🍀🍀🍀
  • Alidolly
    Alidolly Posts: 791 Forumite
    Would going to the media about it help given the numbers involved? Shame them into sending out an alternative prize (and cancelling the shares).
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