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Company Gets `taken Over` What Happens To `my` Shares


douggggy
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question, any help greatfully received

I have a very small holding in Kesa Group (Comet), but have physically lost the share certificate, however Compushare have all my correct details..

they will sell my shares for me no problem, however they will charge me a large indemnity fee ~ £80.00 to do so as I don`t have the certificate..

so, ``If``` Kesa get taken over (by some very silly people with other peoples money to flush down the toilet, but thats another story), what actually happens to my shares...

will I just get sent a `cheque in the post` (hopefully!) or is there more to it than that ??

..

Edited by douggggy
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question, any help greatfully received

I have a very small holding in Kesa Group (Comet), but have physically lost the share certificate, however Compushare have all my correct details..

they will sell my shares for me no problem, however they will charge me a large indemnity fee ~ £80.00 to do so as I don`t have the certificate..

so, ``If``` Kesa get taken over (by some very silly people with other peoples money to flush down the toilet, but thats another story), what actually happens to my shares...

will I just get sent a `cheque in the post` (hopefully!) or is there more to it than that ??

..

Most physical paper shares got transferred over to the Crest system several years ago, so I assume that you've had yours for a few years now.

Are Compushare charging you £80 'indemnity admin charge' to create a new cert., or to transfer your shares over to Crest?

Have you talked to your broker yet? What did they say?

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Most physical paper shares got transferred over to the Crest system several years ago, so I assume that you've had yours for a few years now.

Are Compushare charging you £80 'indemnity admin charge' to create a new cert., or to transfer your shares over to Crest?

Have you talked to your broker yet? What did they say?

thanks for the response

don`t have a broker, but believe the fee was to create a new cert,

Edited by douggggy
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