Dragon oil shares.

Things.Past

Have had some Dragon oil shares for a few years now. Dragon oil have now committed to selling shares to ENOC. I am advised if I want to sell my shares I use there prepaid envelope and send share certificate. How can I be sure this will find its way to the address and how can I be assured that the certificate does not get lost, as I have no other proof of the shares held.

I had thought about selling shares online via Capita, but they don't seem to have Dragon oil shares listed when filling in there online form.
Any advise would be grateful.
Thanks.

princeofpounds

Can't help you specifically but if no-one else can, suggest you call the registrar. You might find they have a record of you being a shareholder held electronically anyway, the paper share certificate might not have that much significance.

Share certificate queries
For all share certificate-related enquiries and to register for electronic communications or to request a hard copy of the documents, please contact Dragon Oil’s Company Registrars:
Capita Asset Services, Shareholder solutions (Ireland)
2 Grand Canal Square
Dublin 2, Ireland
Tel: 00 353 1 553 0050
Fax: 00 353 1 224 0700
[EMAIL="enquiries@capitaregistrars.ie"]E-mail Capita Registrars[/EMAIL]
Website for Capita Share Portal
Tel for calls outside the UK: 00 44 (0)20 3367 2687.

AndyT678

Things.Past wrote: »

How can I be sure this will find its way to the address and how can I be assured that the certificate does not get lost

No guarantees - it's got the same chance of arriving in the right place as any other envelope entrusted to the tender mercy of Royal Mail. They seem to mostly deliver stuff to the right place though.

Things.Past wrote: »

I have no other proof of the shares held.

If the registrars have sent you a prepaid envelope asking if you want to sell your shares it would strongly suggest that they are aware of your shareholding.

The advice above to call them is good.

grey_gym_sock

it appears from http://www.investegate.co.uk/dragon-oil-plc/rns/enoc-offer-update-and-closing-date/201508210719147124W/ that, if you do nothing, ENOC will soon be compulsorily buying your shares. which they can do even if you hang on to the share certificate. (though they will then send you a cheque for the proceeds through the post, and there is again a small risk of that miscarrying.)

the advantage of sending in your certificate and acceptance form is just that you will probably be paid a bit sooner that way.

if you send them in, and they disappear into a black hole, you will just be paid a bit later in the compulsory purchase, the same as if you take no action.

it's only if you send them in, and they fall into nefarious hands, that i suppose there is some small risk of fraud.