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FTS F.T.S.-Formula

15.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
F.T.S.-Formula LSE:FTS London Ordinary Share IL0010935257 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 15.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

F.T.S.-Formula Share Discussion Threads

Showing 1326 to 1348 of 1350 messages
Chat Pages: 54  53  52  51  50  49  48  47  46  45  44  43  Older
DateSubjectAuthorDiscuss
06/7/2011
09:42
Even Selftrade have paid up on time......in my account on 4 July as well!!
johnamill
04/7/2011
19:51
No worries, I had 20K myself so was in for a similar loss if I hadn't checked the rates. Nice to have the full 16p in our accts today.

Regards

alchemy30
04/7/2011
17:52
got my money at TDW!!

Alchemy many thanks for the heads up - you genuinely saved me 800 quid!!

many thanks!

moreforus
24/6/2011
11:18
4th of July the latest..20 days from closing date (i think..its in the paperwork somewhere)

i sent my exemption form recorded delivery directly to the registrar..TDW already mucked up!!

moreforus
24/6/2011
11:07
I filled out my forms as soon as I got them sent through from Selftrade to fill in....at least a month ago! I wasn't taking any chances. Though if you can still fill them in now, I'd doubt we'll be seeing any money in our accounts this month??
johnamill
15/6/2011
14:48
More

As far as I am aware and as and when you fill in the form it would seem to imply that providing we're not resident or have any family or business relations in Israel then we are eligble to be exempt and that therefore any taxes payable will be paid in UK e.g. Income/CGT.

I think this may be the reason why the mm's have not reflected the offer better in the shareprice.

alchemy30
15/6/2011
14:13
found it thanks

are you sure we will be exempt?

moreforus
15/6/2011
13:46
ugger..how do i do that?
moreforus
15/6/2011
13:45
Hope so, I only filled in the exemption form yesterday after realsing that Israeli Witholding Tax is between 20-25%, anyone who hasn't done this yet can still do it today (well with selftrade anyway) as long as they receive it by tomorrow.
alchemy30
15/6/2011
13:34
in June i thought??
moreforus
15/6/2011
13:33
Well I accepted the offer and the shares have been taken from my selftrade acct, anyone any idea as to how long it will be before we recieve the funds ?
alchemy30
24/5/2011
14:46
Oak, I believe the terms are to acquire the entire issued share capital of FTS @ 16p per share as per the offer doc below:

Terms: CASH OFFER Formula Telecom Solutions Ltd has announced that Formula Vision Technologies Ltd has made a tender offer, on a pro rata basis, to acquire the entire issued share capital of FTS. The Offer is a cash offer pursuant to which FVT will pay 16p in cash for each Share. FTS is an Israeli incorporated company whose shares are traded on AIM. Shareholders should be aware that the Offer is not governed by or subject to the UK City Code on Takeovers and Mergers. Terms: 16 pence in cash for each Offeree Share. The offeror will deduct Israeli Withholding Tax unless a fully completed Declaration or an appropriate certificate from the Israeli Tax Authority of exemption is sent to the Receiving Agent. You will receive a form for completion under separate cover. If you wish to accept the offer then please elect online where available or else notify us in writing by secure message or letter no later than 5.00pm on 10 June 2011.

Should you require additional information, please do not hesitate to contact our customer service centre on 0845 0700 720.

It is recommended that the above information be printed for future reference.
Yours sincerely

alchemy30
23/5/2011
09:39
Mor4.... They don't HAVE to take all your shares off you. You are entiltled to sell 10% no problem so some people will try and sell ALL there shares at the best they can.
oakville
23/5/2011
07:24
i can buy stacks at 14.5p

free money anyone?

moreforus
13/5/2011
12:52
yes

its not an offer per person whether they feel like it...

sorry game over at 16p....

again as the mms were paying you 9p before the announcement

moreforus
12/5/2011
23:31
I don't see how a UK resident could get this from Israel, but maybe there's a UK/Israeli tax treaty that wuld allow you to collect via UK tax, but I thought dividend tax was not refundable in UK. Oh ! too damn difficult. For the sake of 5%, I'll pass, but thanks for your response Tara7.
corrientes
12/5/2011
19:42
The divi you were paid has tax deducted of 20% UK divi tax is 15% so 5% is due from 5he Jewish state govt.
tara7
12/5/2011
18:27
Don't understand your last post, Tara.
corrientes
12/5/2011
11:25
You have to take the offer ,!!

You can claim back 5% of the holding tax paid on your divi.

tara7
12/5/2011
11:24
lol its a done deal ..you can refuse but they'll pay you the money anyway
moreforus
12/5/2011
11:22
I bought into FTS at 31.5p.....had the net divi of around 13p earlier in the year, so I'd be down if I took the offer. Though will I have much choice? What happens if we don't accept the offer? Would leave only a tiny minority left holding? My gut reaction is not to accept, but I could lose the rest perhaps, or could things look up? decisions decisions!!
johnamill
12/5/2011
09:17
AGL has broker target price of £1.20p but cost under 30p.
tara7
12/5/2011
09:16
Thanks guys for the above, however i like to be the first to research a stock. hence PFO on a pe of 2 and growing at 40%.

They have just won the star wars 2D to 3D conversion.!!

Made £2.7M in the first half alone, yet one can buy the whole company for £10M.

tara7
Chat Pages: 54  53  52  51  50  49  48  47  46  45  44  43  Older

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