📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Morrison's Shares

Hello from a newbie,

I have some Morrisons (Safeway) shares from back in the late nineties.

I am looking for some advice on what to do with them and most importantly do I still actually own them?

What options are available to me and who should I be contacting.

Thanks in advance.

Comments

  • wmb194
    wmb194 Posts: 6,562
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Forumite
    edited 4 March at 1:15PM

    Wasn’t it an all cash offer in 2021? Did you not receive the money? I’d not, contact the share registrar.

    https://www.bbc.co.uk/news/business-57705253

    Looks like Safeway was bought by Morrisons in an all share deal so if you had a Safeway share certificate you should have received a replacement Morrisons share certificate.

    “On 15 December, Morrisons, the only remaining bidder, made a new offer of one share of Morrisons, plus sixty pence for each Safeway share, again with the co-operation of the Safeway board.”

  • sammyjammy
    sammyjammy Posts: 8,307
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Forumite

    Do they have up to date contact details for you?

    "You've been reading SOS when it's just your clock reading 5:05 "
  • born_again
    born_again Posts: 25,196
    10,000 Posts Seventh Anniversary Name Dropper
    Forumite

    Morrisons is no longer the same company that bought out Safeway.

    As per above link they were bought out buy a US investment co in 2021.

    Life in the slow lane
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.9K Banking & Borrowing
  • 255K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.4K Work, Benefits & Business
  • 606.1K Mortgages, Homes & Bills
  • 179.1K Life & Family
  • 264K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards
Quick Search

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.