Blunderbuss
New Member
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I don't understand why this didn't happen with my holding.I also had CRH shares with Degiro in ISEQ. These were automatically transferred to LSE without any stamp duty or Degiro transfer fee.
I was actually suggesting that perhaps the transfer happened more seamlessly for people who bought the shares on the ISE because it was one of CRH's official primary listings and so CRH might have arranged the transfer, probably including paying any necessary fees. If CRH has no involvement in trading of their shares on the likes of Tradegate, as I suspect, then maybe there isn't much they could do to assist with the transfer from there.No one is questioning the integrity or role of CRH
Probably because there is a cost involved in doing so, and DEGIRO cannot charge investors for that without their consent.why then did Degiro not transfer all holdings automatically to LSE?
If you did as requested in the original email from Degiro dated 14th of November (below) it appears there was no other action you could have taken. If you did comply with this instruction you should have received a confirmation from Degiro. Be aware they also mentioned in this email "this conversion can take up to three weeks". As I mentioned I myself missed this initial email and am now awaiting an update from Degiro regarding a "second round of conversion". I agree with your comment regarding Degiro's failure to automatically transfer all the CRH charges from TDG to LSE as we would not find ourselves in the current dilemma.Unless I'm mistaken, there was no action I could have taken to avert this situation. Given that there is no point in having untradable shares, why then did Degiro not transfer all holdings automatically to LSE?
Once again to clarify no one is questioning the role or integrity of CRH on this issue. The problem lies entirely with the Degiro on-line trading platform and their handing of the delisting of the CRH shares on TDG.I was actually suggesting that perhaps the transfer happened more seamlessly for people who bought the shares on the ISE because it was one of CRH's official primary listings and so CRH might have arranged the transfer, probably including paying any necessary fees. If CRH has no involvement in trading of their shares on the likes of Tradegate, as I suspect, then maybe there isn't much they could do to assist with the transfer from there.
Probably because there is a cost involved in doing so, and DEGIRO cannot charge investors for that without their consent.
Transfer has been done for me now too. I don't think there was are charge or stamp duty for it either! Many thanks to all for your comments.. onwards and upwards for Cement Roadstone Holdings!!Latest Update. My CRH shares have just been updated on my Degiro portfolio and are now appearing as listed on the LSE Exchange and are now tradable as such. I hope you arrive at the same conclusion sooner than later. Over and out.
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