EF Realisation Share Discussion Threads

[linhur] 05/1/2024 16:09

Still waiting for final payment- less than 1p per share
EFR still awaiting US Tax refund
2023 Agm this next week

Happy New Year everyone

linhur

[looloo1] 22/9/2022 15:35

i've received my payment now through HL, looks like 7.7p per share, and according to Grant Thornton there will be one more final payment at closure, not sure when that will be.

[looloo1] 02/9/2022 10:32

Thanks linhur, I’ve been in touch with grant Thornton, they’ve advised that payment was made to HL on the 19th, and also that there will be one final distribution at some point too. They don’t know why HL are taking so long to distribute…

[bedbel] 02/9/2022 10:13

Hi Linhur,

Thanks for the information. Could you give the exact amount per share? Then I can pass it on to saxo bank who are already struggling to find my 75000 shares, let alone the distribution.

[linhur] 02/9/2022 09:26

looloo1

I have not received anything for my HL or Youinvest (A J Bell) holdings. Youinvest said the Liquidators had asked for more information. It looks like another week for Crest Holdings.

I have received cheques for my certificated holdings on 19 August which was the date in their letter.

You could contact HL and ask them when they expect the money will be received by HL and add 3 days to break it down by nominee account.

Linhur

[looloo1] 23/8/2022 09:03

hi Linhur, just wondering whether you've had the payment yet? I haven't heard anything from HL - no formal notification that its happening, and no payment...

[looloo1] 15/8/2022 14:15

hi Linhur, have you had any confirmation on this payout from Hargreaves Lansdown yet? they told me over a week ago they would be sending out details imminently, but I haven't yet received anything?

[linhur] 03/8/2022 11:39

Many thanks for update on HL. They have ignored me so far.

Pity they sold the water rights for a pittance as I expected they would have been worth a fair bit with climate change and current floods.

[looloo1] 03/8/2022 10:10

thanks Linhur,
I'm hoping I get closer to the £4,500 they cost, I have 74,846 units - is that the same as shares? should be £5,239 on that basis?

HL have confirmed that there is going to be a payment, they are following up with more info shortly,

at long last!!

[linhur] 03/8/2022 09:56

looloo1
Apologies for delay in replying.

It is the final payment for EFR.

Distribution payment will be just over 7p per share.
Payment to be made on 19 August.
If you are nominee account it will come by Crest but you should notify provider as most of them have written it off.

If you hold certificates it is more difficult.
No payment if under £10 (approx 140 shares)

Grant Thornton (liquidators) require due diligence. Long list of items to be declared. Administration is done by GT in Jersey. Suggest you contact [e-mail] for further details.

looloo you might get £320 if you can go through all the hoops! Contact HL because they have never heard of ERF

XD is 12 August. charged extra cost after that date.

Linhur

[looloo1] 01/8/2022 12:09

hi Linhur - is this a final payment for the EFR realisation fund? i havent been able to get any info from Hargreaves landown on this for the last few years, and I don't get the correspondence from liquidators because HL doesnt seem to pass it on. I still have around £4,500 tied up in this, I would love to know what is happening!!

[linhur] 30/7/2022 21:56

Topvest

I have had letter from liquidators in Guernsey that EFR are paying a 7p dividend towards the end of August but require a long Anti Money Laundering document to be completed, No value if dividend is under £10.

Regards

Linhur

[topvest] 23/1/2020 21:18

Thrown the letter away now, but believe the final distribution has already been made.

[linhur] 21/1/2020 09:59

Topvest

Are you sure that you have got the right company?

The communication I received on 10 January referred to Ecofin Water & Power Opportunities Plc which was the previous company before the split to Ecofin Global Utilities and Infrastucture and EF Realisation Co.

This thread only covers EFR.

I did contact the liquidators of EFR in Guernsey a few weeks ago as I was expecting a huge bonus from sale of Australian Water rights as a result of the forest fires.Unfortunately these rights were sold some time ago and there is no bonus!
Sometime later there might be a small token final distribution.

Linhur

[topvest] 14/1/2020 20:46

Disappointing!

[psync] 14/1/2020 12:56

Thanks topvest. I wondered what was happening with this. Nothing showing up at hxxp://efrliquidation.co.uk/.

Anyone worked out what the total return was? I'm far too lazy for such things.

[topvest] 14/1/2020 12:48

Letter received from liquidator today. Final distribution was only about 0.4p so all over!

[linhur] 23/9/2019 11:48

looloo 1

many thanks for info

Linhur

[looloo1] 17/9/2019 19:57

I phoned them last week and they couldn't tell me anything, I didn't get the impression that news is imminent.

[linhur] 17/9/2019 15:17

I guess we may be receiving an update on news of Australian Water investments
sometime September/October and perhaps a further distribution if sales have occurred.
Anybody got any further news?

Linhur

[psync] 09/4/2019 14:20

Thanks for posting that link.

[linhur] 08/4/2019 23:17

psync

I hope not as they have not yet reported sales of water rights in Australia.

There would have been a circular from liquidators if closure.

Regards
Linhur

[psync] 05/4/2019 08:18

Payment received, but can't find any related documentation. Is that an end of it now?

[linhur] 29/3/2019 05:23

I have heard from my SIPP provider that ERF are paying a third distribution
payment of 0.58p around 1 April 2019 (Not an April Fool).

regards
Linhur