Evraz Share Discussion Threads

[maxplus2] 18/7/2022 19:42

Is it mandatory to have share certificate? What would be the drawbacks if I don't anything.

[turvart] 18/7/2022 19:34

I really wish the only problem I had was paying tax on my EVR profit as I have a 215p average lol.

[adyzaky] 18/7/2022 19:27

I believe you’re right, moving out of ISA shares to Certs might hit me with tax, but at the current price I’d be making a loss, so no CGT.

[turvart] 18/7/2022 19:25

That depends If you sell them or not, if you transfer outside of ISA they become liable to tax on profits if you sell, if there suspended then you can't sell simple. If EVR do buy in future then your be liable for tax on profits of which is better than the current situation.

[maxplus2] 18/7/2022 18:59

Would this not affect tax situation after transferring out from ISA account and EVR decides in the future to buy?

[turvart] 18/7/2022 18:19

I'm not 100% sure what is actually going on but I'm converting my shares into certificate form like the RNS states, It can't do no harm having the certs, so I would suggest that you do what the RNS states like I have.

[adyzaky] 18/7/2022 18:13

My Evraz shares are with Lloyds ISA, should I contact them? They've not been helpful in the past, do I need to get them to send me the certs?

[turvart] 18/7/2022 18:07

I have spoke with Barclays about this situation with todays RNS and they are sending me the share certs for my EVR shares like the RNS suggested, this service is free of charge if you deal with Barclays Smart Investor ( Smart Investor? I bought EVR hahaha).

If you want this service for your share certs you will have to ask Barclays and takes up to 10 working days to be delivered, this will not be done automatically.

Regards.

[novicetrade68] 18/7/2022 17:12

Yes, Ukraine's spy chief left today though - along with all other recent events (RA's trips to UKR) may be there is a chance for EVR to stay in Britain, without the new prime minister sounding soft on Russia.

[zangdook] 18/7/2022 17:06

Perhaps, but the next one will be terrified of being called 'soft on Russia'.

[novicetrade68] 18/7/2022 15:55

As an alternative now BJ is gone, EVR can perhaps also re-request the FCA/OFSI to resume trading on the LSE so a £5bn company can be kept in the country.

[novicetrade68] 18/7/2022 15:50

Retaking the register should allow EVR to buy back all outstanding shares at some point in the future, perhaps reregistering with a UK friendly stock exchange abroad is then on the cards too, UK brokers should then be able to transfer UK holdings digitally probably.

[casket1] 18/7/2022 14:27

Some sort of class action suite against the UK government if someone was prepared to take it on.........not sure how, or if it would work

[boggy] 18/7/2022 14:03

Wakeyinvestor, I am in the same position as you - didn't sell as mine were in my ISA. I think it is very unfair if we lose our money, given that they were suspended by our government, surely there is some recourse from them. They were quick to recompense those that lost their money with Icelandic Bank some years back, I don't see any difference....apart from that wasn't as a result of the UK government.... Interested to hear others view point.

[scrwal] 18/7/2022 12:13

Having sold prior to the RASP demerger earlier this year I have been fortunate.

My take on things is that the shares cannot be traded and it is somewhat "convenient" that the company itself will maintain the register. This to me means only one thing and that is EVR will buy back all those shares held by non Russian parties at some point. It already has loads of cash especially from the cancelled divi. It would be surprising if any offer was higher than the suspended price and could well be lower as any approval would automatically pass because of the Russian holders.

[wakeyinvestor] 18/7/2022 10:36

Another irritable. We can’t sell our shares before 19 August as trading is suspended. Therefore we have no choice as far as I can see but to go to a paper certificate. Not sure how AJ Bell / Hargreaves etc will deal with this as they will no longer be nominee and yet my Evraz shares are held in an ISA. Hopefully Evraz itself continues to trade as before, albeit with the sanctions restrictions, and that our shares continue to have real value. If that is the case, we just need to be patient.

[basem1] 18/7/2022 10:10

Very unlikely we will see any return now

[basem1] 18/7/2022 10:10

I would suggest getting your crest shares transferred to a paper certificate as they are not tradeable after the 19th Aug Then you have a slim chance of recovering the money via the company itself

[luckyclicker] 18/7/2022 09:57

Can anyone explain the rns is there anything an ordinary shareholder needs to do thanks in advance for your reply

[basem1] 18/7/2022 09:55

Not sure But I hate all these organisations like computershare, equiniti and similar They are only in it to scam investors out of large fees

[maxplus2] 18/7/2022 09:48

What's the rationale behind this rns when shareholders can't sell anyway?

[basem1] 18/7/2022 09:26

I have asked my broker for the best course of action here but I feel it is unlikely we will see our funds again

[casket1] 01/7/2022 09:15

Aaahh, if only they were paying a divi