Royal Mail Shares

Threesheds

Has anyone been paid out for their Royal Mail Shares ?
I didn't reply to the initial communication as I couldn't find my share certificates. It did say that a reply was not essential.
I received a form to claim 'my payout', as a 'dissenter' some time later. 
I could not locate all certificates, but again, it said this was not essential, I am a low value investor.
It has been a few weeks now, is this normal ?

Tree_pipe99

I was paid back in June. Payment hit my bank from "IDS PLC"

wmb194

Threesheds said:

Has anyone been paid out for their Royal Mail Shares ?
I didn't reply to the initial communication as I couldn't find my share certificates. It did say that a reply was not essential.
I received a form to claim 'my payout', as a 'dissenter' some time later. 
I could not locate all certificates, but again, it said this was not essential, I am a low value investor.
It has been a few weeks now, is this normal ?

There are other threads on this and lots of people say they’ve been paid; contact the registrar and ask it what’s going on.

dasherman

All done and dusted months ago, so contact the registrar for an explanation.

Threesheds

Thanks for the help.
I will get on to it.

Threesheds

Sorry to resurrect but I have contacted the Registrars twice now.

They have acknowledged receipt of my enquiry but no further communication.

Is there another step I can take to hurry them along ?

DRS1

Have you read this thread?

Payment for Compulsorily Purchased IDS (Royal Mail) Shares — MoneySavingExpert Forum

A complaint may do the trick.

Threesheds

Update and another question.

I made a complaint to the FSA and have now received more forms from Equiniti.

Following several house moves I did not have all share certificates, on previous information from the Registrar they said share holdings less than 500 will not incur a cost for lost certificates.

This latest communication is asking for £86, for Admin, & counter signature fee. Is this acceptable ?

And to add insult to injury, I have been waiting almost a year for them, but they have given me a time limit to reply before they charge more !

retiredbanker1

https://forums.moneysavingexpert.com/discussion/comment/81987782#Comment_81987782

If you do not have all the old share certificates they have you by the goolies!

That fee has been around that figure for many years.

Threesheds

It would not be such a bitter pill to swallow if they had not kept me waiting almost a year !

☹️