Saga shares

notbright

Hello all in 2018 I had 567 saga shares now apparently I have zero I've just emailed saga shares to explain it all to me in english but wondered if anyone here can explain. I don't understand any of it. Help 

virenque

Saga share price has decreased by 75% since 2018 and they had a share consolidation in 2020 which meant you now hold 1 share for every 15 you previously held. It's a real saga.

virenque

https://otp.tools.investis.com/clients/uk/saga_limited1/rns/regulatory-story.aspx?cid=852&newsid=1421726

Reaper

You shouldn't have zero though, you should still have some.

The share consolidation means you own less shares but they are higher value. It makes no difference to you.

bazconwy

i previously had a share holding of 665 shares .i would rather have 665 worth 1p than 44 at 15 p  i was not asked to vote . a real rip of Brittain

wmb194

bazconwy said:

i previously had a share holding of 665 shares .i would rather have 665 worth 1p than 44 at 15 p  i was not asked to vote . a real rip of Brittain

How are you holding them? If via a broker you can usually contact it to vote your shares on your behalf. 

Unfortunately, with only 665 shares, your vote wouldn't have counted for much but share consolidations make good sense at that price level. It gets messy when you need to start dealing in small fractions of pennies.

eskbanker

bazconwy said:

i would rather have 665 worth 1p than 44 at 15 p

Why?

bazconwy said:

a real rip of Brittain

🤣 How exactly have you been ripped off?

Riothecat

I am trying to sell my Saga Shares, but the Investor Code noted on my Share Certificate is not recognized by Equiniti, how do i find out what my 11 digit Shareholder number is please, trying to make contact by telephone or online is met with " Shareholder number not recognized", all answers gratefully received