P&0 discount shares

Joannemackin

I was gifted by my father some units from p&o that entitle me to discounts on their ferries.
I have 600 units.

I was wondering if and for how much I could sell them for?

I've tried Google but can't find any information.

Any help very gratefully received

Jo

Nick_C

P&O no longer exists as a listed company, although it is now an operating name for two other companies.

P&O Cruises was a separate company, floated off from the main P&O group, in 2000. It merged with the American company Carnival in 2003 to form Carnival Corporation & plc.

The main P&O company continued to operate ports and ferries, but was taken over in 2006.

What exactly does it say on your dad's shares? Is there a date on them to show when they were issued?

Nick_C

Actually, it sounds as if this is a benefit given to former shareholders in P&O at the time the company was taken over.

See https://forums.moneysavingexpert.com/discussion/546733

See also

http://news.bbc.co.uk/1/hi/programmes/working_lunch/6347695.stm

and

http://www.dubaisharetalk.com/viewtopic.php?t=8207