LTB 071/25 – OFFER BY EP GROUP – UPDATE

[Roddy Scott]

Well worth the wait, for my 3.963 shares I've received £14.658.26 in total including the dividends payments , not a bad return

[qwerty2]

Well worth the wait, for my 3.963 shares I've received £14.658.26 in total including the dividends payments , not a bad return

How much did you spend buying them?

[Roddy Scott]

Just over £8.000

[RobertT]

The number of shares EP group holds is creeping up and now equals 92.40%, as at 21 May(announced 27 May).

If my maths is correct, they need a total of 92.75% to be able to compulsorily purchase the remainder.

https://www.londonstockexchange.com/sto ... mpany-page

[RobertT]

EP Group have now announced they've achieved enough acceptances to compulsorily purchase the remaining shares.

The offer will remain open until 11th June for normal shareholders and 6th June SIP/nominee shareholders.

Anyone still holding shares after those dates will receive letters shortly afterwards with details informing them of the compulsorily purchase process, which is expected to take a minimum of 6 weeks.

The shares are expected to be de-listed from the stock market on 2nd June.

[BenacreNick]

So everyone who previously purchased RM shares through their wages (for tax benefits as well).

Should they now look at increasing their AVC pension payment by the same or similiar amount ?

As they will continue to benefit from tax breaks ?

[RobertT]

So everyone who previously purchased RM shares through their wages (for tax benefits as well).

Should they now look at increasing their AVC pension payment by the same or similiar amount ?

As they will continue to benefit from tax breaks ?

AVC's offer the same tax breaks as the P&M share scheme, and are a great way of saving money tax efficiently.

To get the most out of it, you should aim to stay within PSE.

[jade]

Can somebody please talk to me in laymans terms.

My shares are NOT for sale, yet I've received a letter today re compulsory acquistion procedure and I have a choice of option A or B and only have until the 11th June to do something before they steal my shares.....wtf.....advice welcomed.

[RobertT]

Just read the first post of this thread for more info.

DK has now got enough shares to compulsorily purchase the remainder.

Either you accept by 11th June and get paid within a week or two. Or don't bother and wait at least 6 weeks for payment.

You will NOT be allowed to keep you shares!