Blunderbuss
New Member
- Messages
- 6
Evening all,
I have a holding of CRH shares (broker account, not share certificates) on the Degiro platform. I had assumed that the delisting and transfer process would all be automatic. However, I'm concerned after receiving the below message from Degiro. I confirmed acceptance of the terms and am currently awaiting update. Just wondering if anyone can shed light on this?? I'm a bit worried by the last line, "if the transfer is possible". If the transfer is NOT possible, where would that leave me?
Here's the email text:
"Through this e-mail, we inform you about the suspension of CRH PLC (IE0001827041) on the TDG market where you have a position.
For this matter, DEGIRO can facilitate the transfer of your holding from TDG to LSE, where the products are still trading, at a fee of 25 EUR per position.
A stamp duty of 1.5% of the value of the position may apply.
The internal deadline to submit your request is set for the 20th of November, 2023 at 11:00 GMT.
If the transfer is possible, the position will be moved to LSE. Be aware that this conversion can take up to 3 weeks."
...
At present, my shares are not tradable.
Thanks for reading!
I have a holding of CRH shares (broker account, not share certificates) on the Degiro platform. I had assumed that the delisting and transfer process would all be automatic. However, I'm concerned after receiving the below message from Degiro. I confirmed acceptance of the terms and am currently awaiting update. Just wondering if anyone can shed light on this?? I'm a bit worried by the last line, "if the transfer is possible". If the transfer is NOT possible, where would that leave me?
Here's the email text:
"Through this e-mail, we inform you about the suspension of CRH PLC (IE0001827041) on the TDG market where you have a position.
For this matter, DEGIRO can facilitate the transfer of your holding from TDG to LSE, where the products are still trading, at a fee of 25 EUR per position.
A stamp duty of 1.5% of the value of the position may apply.
The internal deadline to submit your request is set for the 20th of November, 2023 at 11:00 GMT.
If the transfer is possible, the position will be moved to LSE. Be aware that this conversion can take up to 3 weeks."
...
At present, my shares are not tradable.
Thanks for reading!