Raglan Property Trust

mrs_goldbury

While going through my late father's paperwork I found a sheaf of share certificates and uncashed dividend cheques for the Raglan Property Trust. They date back to the 1960s. Does anyone know whether the company still exists and if it does, whether the shares are worth anything? Or should I just invest in a shredder?

csgohan4

Looks like they were in trouble in 1993, can't find anything from a google search
https://www.independent.co.uk/news/business/raglan-confident-despite-losses-1462402.html

dont_look_now

Raglan Properties (which I'm guessing is the same company with a minor name change) was taken over in 2000 in an all-cash offer, with the last remaining minority shareholders being compulsorily bought out.

See

https://www.investegate.co.uk/raglan-properties--rgln-/rns/offer-by-landswell-properties/200007051330023882N/

https://www.investegate.co.uk/raglan-properties--rgln-/rns/compulsory-acqn-of-shares/200008231150348667P/

(that website seems very slow today)

mrs_goldbury

Dang! Thanks for the information, I guess my father was bought out then but never got rid of the old paperwork. At least I know now. Ho for the shredder...