Egg shareholders?
#1
Egg shareholders?
When I lived in the UK I acquired some Egg shares. Checking up on the web it looks like for UK shareholders that these shares have been converted to Prudential shares. The offer wasn't sent to me as I now live in Australia. Seems that shareholders living in USA, Canada, Australia and Japan were excluded from the offer.
So now I have Egg shares that I can't seem to trade :-(
Anyone know what I can do to get rid of these shares, or convert them to Prudential?
Thanks,
TBEB
So now I have Egg shares that I can't seem to trade :-(
Anyone know what I can do to get rid of these shares, or convert them to Prudential?
Thanks,
TBEB
#2
Re: Egg shareholders?
As Prudential owned above a certain % of egg shares they opted to do a compulsary buy back of the rest of the shares. They would have issued Prudential shares for payment - for a time when the 2 shares were listed they mirrored each other price fall/gains reflecting the buy back. Can't remember how many Pru shares per egg share. Here is a link on the egg website
#3
Re: Egg shareholders?
Originally Posted by walaj
As Prudential owned above a certain % of egg shares they opted to do a compulsary buy back of the rest of the shares. They would have issued Prudential shares for payment - for a time when the 2 shares were listed they mirrored each other price fall/gains reflecting the buy back. Can't remember how many Pru shares per egg share. Here is a link on the egg website
TBEB
#5
Re: Egg shareholders?
Originally Posted by tbeb
Yes, but this buyback excluded residents in Australia, USA, Canada and Japan. So we weren't given any option to convert to Pru shares. Can't sell the Egg shares either, as they have ceased trading on the stock market :-(
TBEB
TBEB
The link posted by walaj contained contact details:
If you have any queries regarding your shares, or you wish to notify us of a change of address etc. you should contact our Registrars, Lloyds TSB Registrars at the following address:
The Causeway
Worthing
West Sussex
BN99 6DA
Phone 0845 6060252
Gina
Last edited by GinaUK; Apr 30th 2006 at 3:41 pm.
#6
Forum Regular
Joined: Sep 2003
Location: Bayside
Posts: 93
Re: Egg shareholders?
And while you're at it get rid of that filthy dirty avatar.
#7
An Australian Citizen !!
Joined: Aug 2004
Location: Terrigal - NSW Central Coast since June 2005
Posts: 1,237
Re: Egg shareholders?
Originally Posted by Brizbound
And while you're at it get rid of that filthy dirty avatar.
#8
Forum Regular
Joined: Sep 2003
Location: Bayside
Posts: 93
Re: Egg shareholders?
Originally Posted by Jimclevs
#9
Re: Egg shareholders?
Originally Posted by GinaUK
I would contact them and ask!
The link posted by walaj contained contact details:
If you have any queries regarding your shares, or you wish to notify us of a change of address etc. you should contact our Registrars, Lloyds TSB Registrars at the following address:
The Causeway
Worthing
West Sussex
BN99 6DA
Phone 0845 6060252
Gina
The link posted by walaj contained contact details:
If you have any queries regarding your shares, or you wish to notify us of a change of address etc. you should contact our Registrars, Lloyds TSB Registrars at the following address:
The Causeway
Worthing
West Sussex
BN99 6DA
Phone 0845 6060252
Gina
I will call them both again tomorrow (Pru and Lloyds), as today a Bank Holiday in the UK ;-)
Thanks,
Rob
#10
Re: Egg shareholders?
Originally Posted by Brizbound
The one with the poxy donkey on it!
Still, 1966, World Cup in Germany....maybe it's a lucky omen :-)
Cheers,
TBEB
#11
Re: Egg shareholders?
Originally Posted by tbeb
Thanks, tried calling them a while back and they told me to put it in writing, I did, twice, and never got a reply. I assume it's becuase the offer said it was illegal for them to correspont with shareholders in Australia, so they must have just ignored my letters.
I will call them both again tomorrow (Pru and Lloyds), as today a Bank Holiday in the UK ;-)
Thanks,
TBEB
I will call them both again tomorrow (Pru and Lloyds), as today a Bank Holiday in the UK ;-)
Thanks,
TBEB
TBEB
#12
Re: Egg shareholders?
Originally Posted by tbeb
Lloyds said I should sent in my share certificate along with proof of ID and they will cash in my shares for the prevailing value of the number of Prudential shares I would have got had I lived in the UK. They'll only send me a UK cheque though, they won't pay it into a UK or Australian account.
TBEB
TBEB
Gina