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National grid shares help
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wmb194 said:DUBVENDOR said:wmb194 said:bobibhai said:My wife has shares- we knew nothing about the issue- until too late. Equiniti says it sent the usual Notice to all shareholders by email and post. My wife does not use email and we have not had anything in the, usually reliable, post. Told Equniti- then told it went to her Investments Platform and/or IFA. Platform admit receiving e mail on 24th June- did nothing until 10thJune when it is claimed they emailed her IFA-Note:-TOO LATE TO BUY THE ALLOCATION ! IFA says he has never received anything- didn't even know about NG Rights issue. So she will get her allocation at £1.90 per share default rate. No way back. Several other posters on Internet complained of not getting Notices or very late. Equiniti confirm they have had such complaints. Equiniti would not know her who IFA is anyway. So who is too blame?What is the RNS for listed companies?The RNS publishes company results, share issues and any changes in a company's board of directors. These are all things which could affect a company's share price and performance on the stock market.0
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bobibhai said:My wife has shares- we knew nothing about the issue- until too late. Equiniti says it sent the usual Notice to all shareholders by email and post. My wife does not use email and we have not had anything in the, usually reliable, post. Told Equniti- then told it went to her Investments Platform and/or IFA. Platform admit receiving e mail on 24th June- did nothing until 10thJune when it is claimed they emailed her IFA-Note:-TOO LATE TO BUY THE ALLOCATION ! IFA says he has never received anything- didn't even know about NG Rights issue. So she will get her allocation at £1.90 per share default rate. No way back. Several other posters on Internet complained of not getting Notices or very late. Equiniti confirm they have had such complaints. Equiniti would not know her who IFA is anyway. So who is too blame?
The other suggestions are farcical, unless you are an extremely active investor. Most small shareholders are not, and have the not unreasonable expectation that they will be notified in a timely fashion via the channels agreed between themselves and the registrar..
I have a considerable shareholding in NG, but rarely bother looking at the price, and have little interest in the so called "experts" reports. Along with economists, they're forever forecasting, but rarely review previous forecasts to explain why they were wrong.
I chose the "do nothing" option for a raft of reasons - tight timescale to move required cash around, already high holding, at my age, will I benefit etc etc. Checking my bank account today, I see the cash arrived in my account this week. I wonder if/when the paperwork from Equiniti will catch up?2 -
qbs said:bobibhai said:My wife has shares- we knew nothing about the issue- until too late. Equiniti says it sent the usual Notice to all shareholders by email and post. My wife does not use email and we have not had anything in the, usually reliable, post. Told Equniti- then told it went to her Investments Platform and/or IFA. Platform admit receiving e mail on 24th June- did nothing until 10thJune when it is claimed they emailed her IFA-Note:-TOO LATE TO BUY THE ALLOCATION ! IFA says he has never received anything- didn't even know about NG Rights issue. So she will get her allocation at £1.90 per share default rate. No way back. Several other posters on Internet complained of not getting Notices or very late. Equiniti confirm they have had such complaints. Equiniti would not know her who IFA is anyway. So who is too blame?
The other suggestions are farcical, unless you are an extremely active investor. Most small shareholders are not, and have the not unreasonable expectation that they will be notified in a timely fashion via the channels agreed between themselves and the registrar..
I have a considerable shareholding in NG, but rarely bother looking at the price, and have little interest in the so called "experts" reports. Along with economists, they're forever forecasting, but rarely review previous forecasts to explain why they were wrong.
I chose the "do nothing" option for a raft of reasons - tight timescale to move required cash around, already high holding, at my age, will I benefit etc etc. Checking my bank account today, I see the cash arrived in my account this week. I wonder if/when the paperwork from Equiniti will catch up?
https://www.nationalgrid.com/investors/news/alerts
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qbs said:I chose the "do nothing" option for a raft of reasons - tight timescale to move required cash around, already high holding, at my age, will I benefit etc etc. Checking my bank account today, I see the cash arrived in my account this week. I wonder if/when the paperwork from Equiniti will catch up?1
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EthicsGradient said:qbs said:I chose the "do nothing" option for a raft of reasons - tight timescale to move required cash around, already high holding, at my age, will I benefit etc etc. Checking my bank account today, I see the cash arrived in my account this week. I wonder if/when the paperwork from Equiniti will catch up?0
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EthicsGradient said:qbs said:I chose the "do nothing" option for a raft of reasons - tight timescale to move required cash around, already high holding, at my age, will I benefit etc etc. Checking my bank account today, I see the cash arrived in my account this week. I wonder if/when the paperwork from Equiniti will catch up?0
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What fees were involved?0
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wmb194 said:caper7 said:What fees were involved?
Seems I would have been better off doing nothing rather than selling the rights, I got 205p per right if I remember correctly and 1.5%fees.0
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