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Why have we contacted you?
When a company merges with or is taken over by another company it can have an affect on the shares you own.
Example
When company "A" buys company "B" it is under obligation to contact all of the shareholders of Company "B" to make them an offer for their shares in company "B". The offer can be either a fixed cash amount per share or shares in Company "A" (offer price). In some cases it may be a mixture of both.
Once the offer price is agreed and 90% of the shares have been purchased at the offer price, Company "A" can legally buy the remaining shares of Company "B". The shares held in Company "B" are then no longer traded and are converted to either cash or shares in company "A".
The letter you have received from CHTS will detail the shares you held in company "A" and your new entitlement of cash or shares in company "B" - or both.
If you would like to know more about your entitlement or the circumstances from which it arose please call our free phone helpline on 0800 731 1267.
Capita Hartshead Tracing Solutions is a trading name of Capita Hartshead Limited with its registered office at
The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU. (Registered in England & Wales No. 02260524).
Part of Capita plc.
