Old shares in Yorkshire Electricity Group plc

Going through my late dad's belongings there's an old paper share certificate for a few shares in "Yorkshire Electricity Group plc"; does anyone have any pointers on how to find out whether the shares still have a monetary value?
Every generation blames the one before...
Mike + The Mechanics - The Living Years

Comments

  • EarthBoy
    EarthBoy Posts: 3,177 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Those shares no longer exist as Yorkshire Electricity Group was taken over by Npower. The shares might have been bought out, or converted to Npower shares
  • Rollinghome
    Rollinghome Posts: 2,725 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    marina0403 wrote: »
    Yorkshire Electricity Group Plc is an active company incorporated on 1 April 1989 with the registered office located in Tyne and Wear. Yorkshire Electricity Group Plc has been running for 27 Years 2 Months. There are currently 4 active directors and 1 active secretaries according to the latest annual return submitted on 8 October 2015

    But now operates as a subsidiary of RWE Npower Holdings plc and the op's dad would/should have received cash when it was taken over and the share certificate became redundant.

    You'll find a useful list of what happened to all the privatisation companies, including Yorkshire Electricity, here: https://www.share.com/web/pdf/guides/20050905Privatisationguide.pdf
  • EarthBoy wrote: »
    Those shares no longer exist as Yorkshire Electricity Group was taken over by Npower. The shares might have been bought out, or converted to Npower shares

    Actually it was taken over by two American companies in 1997 and he would have receive 927p per share in August 1997. It was subsequently sold to Npower in 2001.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.8K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 453K Spending & Discounts
  • 242.8K Work, Benefits & Business
  • 619.6K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.