O2 shares are still trading on the stock market and after soaring over the bid price of 200p in expectation of a counter bid, they have now settled at around 196p.
THUS Group plc (THUS or the Company) today announces that it has applied to the United Kingdom Listing Authority for the cancellation of listing on the Official List and of admission to trading on the London Stock Exchange of THUS’ ordinary shares of 25p each.
The company has 1,040,778 shareholders who own up to 600 shares each. With plans to pay a dividend in the summer, mmO2 has decided it is cheaper to help them sell their stock rather than start sending them cheques. The move is part of a corporate restructuring that will see mmO2 change its name to O2 in March.
Why did BT sell O2?
BT is in talks to buy mobile phone giant O2 – 12 years after selling it. The telecoms heavyweight confirmed it had been approached by O2’s Spanish owner Telefonica. … Any mega-deal would mark a U-turn by BT, which was forced to sell O2 – previously called Cellnet – in 2002 to help slash its debts.
Another way to check on a share certificate’s validity is to contact the company registrars whose name should be written on the certificate. Companies use registrars to keep a record of who owns their shares.
A spokesman said that any shareholder with a particular issue needs to raise it with the helpline, run by company’s registrar, Lloyds TSB.
Old stock certificates shouldn’t be simply thrown away. They can still have value if they represent an existing or merged company, or if they are valued as collectibles. … If the stock has split over the years, the amount listed might not be the amount your certificate is worth.
Recovery of Shares
- Transfer of shares after death of an original shareholder.
- Transfer of physical shares.
- Recovery of lost shares.
- Issue of duplicate shares.
- The claim of shares from IEPF.
- The claim of dividend from IEPF.
- Following up with Registrar and Transfer Agent (RTA) for transfer of shares.
You can trace other lost shares by contacting the three main share registrars: Link Asset Services (Linkgroup.eu or 0371664 0300); Computershare (Computershare.com/uk); and Equiniti (Equiniti.com or 0371 384 2030).
Is O2 a Telefonica?
O2 is endorsed by Telefónica as the corporate brand in all its communications with customers.
Under the offer, MMO2 shareholders can sell their shares to the company for 5p more than the price quoted on the London Stock exchange, without paying any dealing or stamp duty fees.
Virgin Media Inc. Share price
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