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CVA Ceva

1,200.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ceva LSE:CVA London Ordinary Share COM STK USD0.001
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1,200.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1,200.00 GBX

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Date Time Title Posts
22/3/201815:47Parthus - nice to be back - Kawasaki deal announced538

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Posted at 27/11/2015 17:02 by dafrog
I have decided to sell my 30 shares in Parthusceva and emailed Redmayne following recommendations on this BB. I received a reply today.

"Thank you for your enquiry regarding Parthusceva.

Parthusceva no longer exists and is now called Ceva. Your first task would be to contact the registrars and see if the certificate you hold is valid as a holding of Ceva. The second problem is that American certificates are no longer valid on the exchange and we would only be able to sell the valid stock if we held it in a nominee account. To open a nominee account with ourselves is straightforward but the transfer of the stock from certificate to electronic format may take up to seven weeks and the cost to you is £100. Unfortunately this cannot be reimbursed even if the certificate you send is no longer valid.

Once the stock is held in a nominee account with us and the relevant forms have been completed we can then sell the stock. Looking at todays price 30 shares is approximately £500. Our commission for selling this would be £17.50 with a £20 settlement charge.

I hope this is of some aid to you and should you have any further queries please feel free to contact our dealing team on 0113 200 6400."

Well their charges are extortionate and I won't bother. The cert does say tradable at Capita IRG. Has anyone tried that?
Posted at 09/12/2013 22:49 by haydock
Is the fact that they are transferable in the U.K common to other new share certs.
Should we with the old ones be taking some action ?
Posted at 16/9/2013 16:27 by dafrog
CEVA asked me to send the old share certificate to them, or their brokers. I posted it a few weeks ago. I am now getting messages saying I was issued with a certificate in 2002 and if I have lost it..... I am losing it with them, they are beyond barking.
Posted at 06/9/2013 15:35 by kingrolo
Have now received my form requesting even more 'proofs' - copies of Governmental photo id...social security card...insisting on form to be ntazized AND with notary stamp.... even though have written from address on share record and provided copy of passport (with photo id).

Lancaster.. anyone... any joy getting removal of any of these ridiculous and in some cases non existent additional proofs?

Anyone any additional updates to add?
Posted at 21/8/2013 22:43 by wigger
The cost was £70 I rang round and that is round about the norm price
Posted at 13/8/2013 11:06 by kingrolo
A quick poll - in the case of a formal complaint to FSA, where numbers of unrelated scam victims will count. How many people here are prepared to swear that they have never received any request to confirm share ownership despite the claim from AST that they have been chasing us for 3 years? I have received voting forms but NEVER any correspondence remotely alluding to AST trying to contact me to confirm my existence.

I believe that if any certificate holders here really want their shares back it is time for him/her to start taking action or you will clearly not get them back. This is not just going to be done for you.
Posted at 13/8/2013 07:32 by kingrolo
Thanks Wigger - more evidence of an attempted theft of our shares. I really do not see how they can talk of reporting 'accounts'. We do not have an account like a bank account which on which you would expect transaction movements. We OWN a piece of a company - CEVA for which we have a valid and legal document or certificate ( or at least HAD before stolen). Warren Buffet the worlds most successful investor says buy and hold...literally hold for decades....has he had his shares 'escheated'?? Surely it is up to CEVA to issue us with new shares - I still have my physical share so how can a third party - Delaware invalidate it ? Surely only CEVA can do that ? Suggest we all email Delaware dept copying CEVA stating we own our shares and complaining. I have still heard nothing back from my two 'contacts'. Can you /anyone supply email addresses we should action. This is bloody ridiculous attempted theft.
Posted at 12/8/2013 21:29 by wigger
Have been in touch with the chairmen of Ceva who passed my email down to a Ken Robinson, Share holder services this is what I received back.

Dear Shareholder,
Thank you for contacting our Shareholder Services Department.
Here is some background information. All states require financial institutions (AST), to report when accounts have been abandoned or unclaimed after a period of time specified by state law - often five years. Before an account can be considered abandoned or unclaimed, the institution must make a diligent effort to try to locate the account owner. Abandoned and/or inactive in this case means there has not been any contact between the shareholder and the account.
If the account remains inactive for the period of time specified by state law, the institution must report the account to the state where the account is held. The state then claims the account through a process called "escheatment," whereby the state becomes the owner of the account. Our records indicate there has not been any contact by you to the account, by mail, fax, telephone or email.
If you require further assistance, please visit our website or, contact us again.
Posted at 05/8/2013 07:30 by kingrolo
Thanks Lancaster. For my own part I did submit proof of identity as requested over two months ago - heard nothing back. I have contacted Scott twice now and... heard nothing back. This really is not good. Has anyone contacted the UK FSA or considered US financial regs. This action would be illegal in the UK - our certs have actually been confiscated from us. I do not understand how the state of Delaware even became aware that we had shares in CEVA. As the shares were issued to us by CEVA and not held in a broker account it is reasonable to assume it is CEVA ( US or UK end?) who informed them... why ? Similarly if our physical certs have now become worthless ( which they have - just try to deal them!), why can not CEVA issue new ones to all affected holders. With any other share if I had lost or had stolen a physical certificate I could,for a fee, request a replacement. My name and address is on their ownership register- what has this got to do with Delaware? Why are CEVA not doing this. All gone silent from them too. Views? Has anyone else taken any action?
Posted at 27/1/2013 21:39 by haydock
Quite correct:they could at least have dropped us an official line.
I have had correspondence recntly when somebody was attempting to register my shares under another name.
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Cancellation of Admission and Listing to the London Stock Exchange - FAQ



On March 8th , 2012 CEVA, Inc. (NASDAQ:CEVA) (LSE:CVA), announced its intention to cancel the listing of Common Shares of the Company and cancel the admission to trading of the Common Shares on the main market of the London Stock Exchange. This cancellation will take effect from April 5, 2012.


1.Why has CEVA chosen to cancel its listing on the LSE?
The Board believes that the Cancellation is in the best interests of the Company for the reasons set out below: The Company currently expects to have material cost savings in relation to the external costs it currently incurs as a listed company on the Official List. In particular, the Company expects to be able to reduce, or in some cases eliminate, its professional fees, London Stock Exchange annual fees and charges, and general costs associated with UK public company announcements, mailings and shareholder services.
Generally, the Company will be subject to a lighter regulatory burden thereby increasing its flexibility and reducing management time devoted to compliance matters.
In practical terms, as the Company is also listed on NASDAQ which is the Company's main trading platform, the continued listing of the Company on the Official List does not afford the Company any advantage in terms of additional sources of funding relative to the ongoing cost of maintaining the listing on the Official List.


2.What does this mean for CEVA shareholders in the UK? Currently, CEVA is a dual listed entity, meaning CEVA shareholders can trade their holdings on either the NASDAQ market or the main market of the London Stock Exchange. Once the delisting from the London Stock Exchange is complete (April, 5, 2012), UK shareholders will be able to continue to trade their CEVA shareholdings on the NASDAQ market.


3.Do CEVA shareholders in the UK require a new share certificate? No, the existing share certificates allow holders to trade CEVA stock on both stock markets. UK Shareholders will continue to be able to trade their holding on the NASDAQ market.


4. Does this cancellation affect the value of my share certificates? No, the value of share certificates remain the same.


5.Will CEVA buy back the shareholding of investors in the UK? No. Shareholders will be able to continue to trade their CEVA stock on the NASDAQ stock market in the U.S.


6.Who do I contact to get information about my CEVA shareholding?
All queries relating to shares, share certificates, change of address, should be directed to our share registrars - American Stock Transfer and Trust Co.
American Stock Transfer and Trust Co.
59 Maiden Lane
Plaza Level
New York
NY 10038
USA

info@amstock.com
www.amstock.com

UK shareholders will also be able to contact CEVA's registrars in the UK - Capita Registrars Limited

Capita Registrars Limited
The Registry
34 Beckenham Road
Beckenham
Kent BR3 4TU

www.capitaregistrars.com





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2011 Annual Report 10-K
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Ceva share price data is direct from the London Stock Exchange

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