Highcroft Investments Share Discussion Threads

[sleepy] 12/4/2024 17:44

Thanks super

[superadams] 12/4/2024 15:25

Results now out on company website. Don't look too bad at all at first blush.

[superadams] 12/4/2024 14:31

I am relying on the TISE website.

[spectoacc] 12/4/2024 12:21

Anyone attempted to sell any yet?

[sleepy] 12/4/2024 12:19

Anyone know where to find them?

[superadams] 12/4/2024 09:54

Anyone know when the results will be released today ?

[1tx] 26/3/2024 15:18

Highcroft today announced final divi 33p per share to be paid 31st May;ex div i9 april.NAV 1022p per share.Accounts to be issued 12 April.

[coolen] 27/2/2024 21:27

Any views on why the Conns seem to have voted in favour ?

[spectoacc] 27/2/2024 14:49

Guessing only the major holders are the buyers, much as since the announcement on the LSE.

But be interesting to hear if anyone successfully sells. At least there seems to be some sort of market, if there's a bid on.

[1tx] 27/2/2024 14:45

Without shares being offered for sale there is no market....TISE seems a bit like the old OFEX market(now reinvented as the slightly better Aquis Market where a two way market is offered in a few shares,mainly brewers like Shepherd Neame,Thwaites etc), without buyers & sellers on both sides almost zero shares are traded.

I still retain 1500 shares but I sold the larger part last year & the year previous.I see we are going to get an update on NAV & Dividend for last year on 26th March;if this includes accounts they have not bothered to inform.....

[crumppot] 27/2/2024 12:23

I think it is a matched market and the broker takes a commission at either end, from the seller and buyer. The auction takes place once a day as i understand it.

[superadams] 27/2/2024 10:48

Still showing a bid for 5,000 at 630p. Is this what a buyer would get or is there a marketmaker's margin to come off ?

[coolen] 26/2/2024 18:57

Seem to be 630p bid on the TISE for 5,000 shares, unless I'm reading it incorrectly.

[1c3479z] 20/2/2024 19:42

looked on the TISE webpage - it's blank as regards to dealings....

[1c3479z] 19/2/2024 15:29

sold most out of the ISA a few weeks ago for 722 bad enough, held the others in a general account in the hope something might turn up used to be ticker HIV and has proved almost as toxic!
a bad business altogether especially as other options were available for our miserable Directors,
a shareholder for 15 yr or more and treatment has been appalling.....

[spectoacc] 19/2/2024 11:56

Assume you hold in AJ Bell?

[1c3479z] 19/2/2024 11:51

will have to- can't sell for 555, about 45-50% below the NAV> what I think of the Directors cannot be committed to electronic media.....

[spectoacc] 19/2/2024 11:39

I never got a reply from Tommo, quelle surprise.

Last day of trading today I think? Who's taking a punt on an unlisted property co?

[bandit99] 31/1/2024 10:32

from AJ Bell 29/1:
urther to our previous communication, we have received an update regarding the Highcroft Investments PLC delisting event.

The resolution to cancel the company's listing on the London Stock Exchange and apply for admission to trading on The International Stock Exchange (TISE) was approved at the meeting on 22 January 2024.

As such, the company will cancel its admission to trading on the London Stock Exchange with effect from 20 February 2024. You may continue to buy and sell shares up until 19 February 2024.

The company's shares are expected to be admitted to trading on The International Stock Exchange (TISE) with effect from 19 February 2024.

Please note following the transfer of listing to TISE, you can continue to hold your shares, but you will not be able to purchase any additional shares in the company. You may be able to sell your shares subject to liquidity and the availability of a buyer once the security lists on TISE.

[coolen] 24/1/2024 20:52

"84.12% per cent. of votes cast by Independent Shareholders were in favour of the Resolution." Really ?

[spectoacc] 24/1/2024 16:21

Interesting. I got this unhelpful response from AJB, fwiw:

"Unfortunately we cannot provide notifications of this nature as any corporate action event notification would have to go through to shareholders via the official channels once announced."

ie They're unaware of what's been announced, and when they become aware, will only tell actual shareholders.


I agree with @cc2014 that the inability to settle through CREST is the problem for trading on TISE in the UK.

If the shares people currently hold are shunted off CREST, I can see why eg ii may require you to sell, or send you a share cert. But equally, they should be able to leave them sat in ISA or SIPP, albeit you may be unable to ever sell (you'd have to move SIPP/ISA provider - but to where - or withdraw in cert form and find a broker who'd sell, losing ISA benefits but with potentially serious repercussions in SIPP).

My view is unchanged - HCFT are pulling a fast one on minority shareholders.

[cyfran101] 24/1/2024 16:17

ii sent this to me so showing no action is necessary and I can hold still on ii??

"What is happening?
Delisting - AMENDED NOTICE
Effective date: 19th February 2024
Highcroft Investments plc has announced its intention to cancel its listing of Ordinary shares from trading on the LSE.
The last day of dealings in the company's Ordinary shares on the premium segment of the Main Market will be 19
February 2024. The company's Ordinary share capital is expected to be admitted to trading on TISE at 8:00 a.m. on 19
February 2024.

No further action is required from holders"

Prior to this message they seemed to be getting rid of it via
"If you do not wish to sell or transfer,
following the delisting we will endeavour to provide you with a share certificate in relation to your holding, should one
be issued by the company in the future.
Holders may wish to sell their holdings prior to the delisting becoming effective"

[cc2014] 24/1/2024 08:31

I have some memory from about 2 years ago when I looking into dealing on TISE and HL were definitely not interested. If I remember correctly and I'm happy to be corrected as I didn't spend much time on and my memory isn't as good as it used to be but TISE does not settle through CREST so that's why HL weren't interested.

[spectoacc] 23/1/2024 16:56

Asked AJ Bell, who seemed the best bet:


"We would normally have to wait for an announcement of this nature to be officially made by the company as part of a corporate action statement that we would then provide you with once it has been sent to us.

Until then, we would not be in a position to give any preliminary advice on what your possible options may be in terms of trading viability, even if it is re-listed on an HMRC recognised exchange as there may still be specific implications or restrictions that could still apply."


So clear as mud.