AV.B Cancellation - only got face value back, whats going on!!! (RESOLVED)

RMurphy195

Just had a look at my HSDL account - I was expecting a certain sum per share for the cancellation.

But all I've got back is the face value of £1 each!!!

And not all of them have had the benefit of a share sweep ( my wife and I have both ISA and non-ISA accounts.

What's going on? I been done out of a lot - I mean a LOT - of money here.

ADDENDUM
Panic over - on the one account where I have "Dividend Sweeps" showing:
     The first of these equates to the number of shares x 44p
     The second equates to the number of shares x 1.2p
Phew!
Hopefully the special and accrued dividends will appear on the other accounts soon!

kempiejon

I think the likelihood of you being done is somewhat nil. I'm sure it'll appear next week. In the meantime, holders get a voting fee, dividends and an above par payment depending on purchase date. In my different brokers it was repaid in different ways. I did not have any in HSDL but try dividends, corporate actions and cash statements.

wmb194

RMurphy195 said:

Just had a look at my HSDL account - I was expecting a certain sum per share for the cancellation.

But all I've got back is the face value of £1 each!!!

And not all of them have had the benefit of a share sweep ( my wife and I have both ISA and non-ISA accounts.

What's going on? I been done out of a lot - I mean a LOT - of money here.

ADDENDUM
Panic over - on the one account where I have "Dividend Sweeps" showing:
     The first of these equates to the number of shares x 44p
     The second equates to the number of shares x 1.2p
Phew!
Hopefully the special and accrued dividends will appear on the other accounts soon!

Did you vote? For me with iWeb, a HSDL brand, I haven't yet received the 2p per share voting fee (to be paid as a dividend) but it's common for these things to take a few days to wash out.

RMurphy195

wmb194 said:

Did you vote? For me with iWeb, a HSDL brand, I haven't yet received the 2p per share voting fee (to be paid as a dividend) but it's common for these things to take a few days to wash out.

I voted no, so no 2p bribe for me!

wmb194

RMurphy195 said:

wmb194 said:

Did you vote? For me with iWeb, a HSDL brand, I haven't yet received the 2p per share voting fee (to be paid as a dividend) but it's common for these things to take a few days to wash out.

I voted no, so no 2p bribe for me!

It was for voting, not for voting 'yes', so you are due it. 

iWeb/HSDL was slow to credit the voting fee for last year's RSA prefs cancellation as well.