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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ecofin Wtr.Ord | LSE:ECWO | London | Ordinary Share | GB00B09LK252 | ORD 0.1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 139.50 | 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 | 139.50 | GBX |
Ecofin Water&powr Opportunities (ECWO) Share Charts1 Year Ecofin Water&powr Opportunities Chart |
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1 Month Ecofin Water&powr Opportunities Chart |
Intraday Ecofin Water&powr Opportunities Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 04/11/2016 | 08:51 | Ecofin Water & Power Opportunities plc | 709 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
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Posted at 03/11/2016 22:15 by praipus Hmmm........ in law the tax point, is "usually" when you make or receive a payment or receive/deliver goods. You've surrendered your ECWO shares and received EGL and EFR shares I assume.Or are you on the dissenters register? |
Posted at 03/11/2016 15:11 by praipus I can see why a tax man would accept the Calculation Date EFR and EGL NAV's as the buy price.If you wanted or needed to you could exit now and crystalise a tax loss which might be useful to offset any gain on ECWO. |
Posted at 02/11/2016 20:03 by praipus Asmodeus are you ignoring the fractional entitlement if so why?Each ECWO share entitles you to 22.4758p NAV of an EFR share. Therefore you need 4 ECWO shares to give you one EFR share. Using your % factoring: If ECWO NAV at calculation date = 100% Approx 85.77661% of ECWO NAV = 1 x EGL share Approx 14.2239% of ECWO NAV = 1/4 of an EFR share |
Posted at 02/11/2016 16:13 by praipus From a tax perspective: why not treat the whole exercise as three seperate trades?Trade 1. Entry: EWCO buy price. Exit: ECWO/EWPO NAV at calculation date = 158.02p Trade 2 Entry: EGL = 135.5442p Trade 3 Entry: EFR* = 22.4758p* per old ECWO held (*x4 for 1 EFR) = 89.99032p |
Posted at 02/11/2016 15:09 by asmodeus Yes you do, Praipus, but, for some reason I can't yet explain, just working out the proportion of that price that applies to each share does not seem to work out. You have to apply a "factor" or percentage figure, and, according to my Broker, and in my own case at leas, that is my EGL cost me 91.87% 0f what I paid for ECWO and 8.13% for EFR. But I didn't take any cash. How it works out for those who did, I don't know. I will try posting on the EGL and EFR threads to see if anyone else has been given the figures. |
Posted at 02/11/2016 13:12 by praipus Ok, so why can't you use your ECWO buy price? |
Posted at 04/10/2016 09:30 by spectoacc Still nothing across 3 a/cs, or at least same as before - with EFR still deemed unISA-able by TD, but 2 out of 3 a/cs at least allowing purchases. Seems to be a good market in EGL but curious how there were sellers when it first listed, with brokers having not yet done the ECWO adjustment. Big buyer for it in the auction last night.Also looking out for news on final cash amount, but not sure it'll link to either ECWO, EGL or EFR. |
Posted at 28/9/2016 07:13 by spectoacc Same situation as before here - hold in 4 a/cs over 3 brokers. One done nowt, one left in ECWO but added correct number of EFR, one done "assured cash" ECWO and EFR, but only allows EFR sales in ISA as says it's not eligible (when it is), but allows buys & sells on EFR in SIPP.To be fair, there's this strange long lag between the EFR/EGL listings and the cash settlement, so not expecting any brokers to show it all until early next week (or "week commencing 3rd Oct" per ECWO). Edit - broker who had previously done nothing now has the "assured cash" ECWO and EFR, but is only allowing sells not purchases on EFR. So fairly consistent across 3 (non-HL) brokers. |
Posted at 27/9/2016 20:37 by flyfisher This is what my account is showing for a holding of 40,000 ECWO.Ecofin Water & Power Opportunities plc Assd Cash Exit Election 38,433 units Ecofin Global Utilities & Infrastructure Trust plc Ordinary 1p 1,567 units EF Realisation Company Ltd Ordinary Shares NPV 391 units They have allocated 1 for 4 of the residue to EFR. I expected 1 for 4 of the original ECWO holding, ie 10000. |
Posted at 16/7/2016 08:43 by ganthorpe I have had a browse through the circular detailing the reconstruction plans.I have not done a really detailed analysis.All comments are my interpretation only and DYOR if involved. ECWO was due to be wound up or have a continuation vote as at 31 July 2016. Hence this complex missive of a circular. . 1) the £80M of Convertable Loan Stock will be repaid at par on 31 July 2016,THe conversion option expired on 31 May 2016. That's the easy bit. 2) the 60M Zero Div Pref shares (ZDPs) are entitled to be repaid at 160.7P cash on 31 July 2016. However ECWO are offering a rollover scheme whereby ZDP holders can opt to rollover their shares into the new vehicle planned to replace ECWO called ECOFIN Global. This would enable ZDP holders to avoid being liable to tax on the 60.7P gain on redemption immediately. The price of conversion has yet to be determined but it will need to be somewhere not too much above the share price to be attractive. It is in the interests of the Managers to get as many as possible to convert and continue to enjoy their commission , and possibly a larger Trust is beneficial to ongoing Ordinary shareholders . 3) Ordinary shareholders appear to be being offered a) The opportunity to tender up to 35% of their shares to be repaid at a price to be determined which may be somewhere between the current share price (138P)and asset value (currently 167P). b) Shares in a continuation of ECWO holding the remaining illiquid investments of ECWO which have not been sold , pending sale in the future. Hopefully not a lot. c) Shares in a new trust called ECOFIN Global which appears to be a similar beast to ECWO investing in the same type of sectors.They seem to looking for an initial 4% yield. (i.e.Less than current). All this will rumble it's way through the legal processes till September . I hope that this is reasonably accurate but please don't rely on any part of it without cross checking. As previuosly mentioned ECWO have already liquidated a substantial proportion of it's holdings so there seems to be plenty of cash to fund the exercise. Will it help the ECWO share price any further? PASS! Could reduce the discount? |
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