Evraz Share Discussion Threads

[adyzaky] 22/7/2022 12:24

common sense would say that if the worst was to happen and Evraz was delisted, you could still at that point have them converted to certs, an electronic trail isn't going anywhere.

[dancing piranha] 22/7/2022 11:59

ii fail to inform you, if you kept your shares with them, what your situation would be if the Company relisted on another Stock Exchange?

[basem1] 22/7/2022 11:47

I guess having the certificate provides the best of both worlds and is the foolproof option

[basem1] 22/7/2022 11:39

It is a tricky one Can they relist without a registrar ? And Could we get a certificate further down the road - I do not think we could Need professional help here.

[lomcovaks] 22/7/2022 11:31

Corporate action information sent to ii shareholders. Seems reasonable to me -

EVRAZ PLC ORD USD0.05
Event Type: Confirmation
Description: Termination of Registry

Termination Date: 19th August 2022

On 18th July 2022 Evraz plc, which is currently suspended from trading on the London Stock Exchange, announced to the Stock Exchange that Computershare Investor Services will cease to act as the company’s registrar from 19th August 2022. Within the announcement they also stated that shareholders may wish to convert their electronic shares into physical paper shares, and that shareholders should contact their broker if they wished to do this. Please be advised that you are under no obligation to convert your shares in this manner. If you don’t decide to convert, we will continue to reflect your Evraz shares on your portfolio, maintain a record of your holding on our books, and you will still be able to trade your Evraz shares through us if the suspension is lifted and trading of Evraz shares recommences on the London Stock Exchange.

If, however, you do wish to convert your shares into physical paper form, registered directly in your own name, you need to contact us by phone at 0345 607 6001 by 12th August 2022 at the latest, and request the withdrawal of these shares into your own name. Any requests to withdraw the shares will be charged a GBP35.00 fee + GBP7.00 VAT. All requests will be handled on a reasonable endeavours basis.

Please be advised, if you hold your shares in a SIPP or Junior ISA, the option to withdraw your shares is not available on these products.

The official announcement made to the Stock Exchange can be viewed here;

[adyzaky] 20/7/2022 08:04

Double post.

[nerdlinger] 20/7/2022 07:40

Has anyone had any statement from Computershare?

[adyzaky] 20/7/2022 07:26

But why? The bank you have the ISA with, will have your full ownership details and receipt of your Evraz shares?

[yasx] 19/7/2022 22:28

Zangdook,

Re retaining them in an ISA - would that not be counterproductive given the recent RNS?

[mwaters74] 19/7/2022 16:24

Sorry I never asked

[adyzaky] 19/7/2022 15:39

Even if Lloyds have Equinity as the registrar?

Also with Computershare, the registrar moving forward will be Evraz won’t it?

[basem1] 19/7/2022 15:09

In simple terms as proof of purchase as computershare the current registrars are throwing in the towel. Simples

[adyzaky] 19/7/2022 15:05

Sorry to sound like a noob but why are people converting to certs, if I have my EVRAZ shares with Lloyds in an ISA, it’s not like they can strip that away from meX I have a receipt of purchase etc, so not understanding what benefits the certs have over electronic?

[junior21] 19/7/2022 14:51

Thanks, did they say anything about base cost used going forward for CGT purposes?

[mwaters74] 19/7/2022 13:14

I believe it is a fixed fee as it is for registration of the certificate but I never asked. £42 + VAT

[time 2 retire] 19/7/2022 13:05

Mwaters74, what was the fee please, was it a fixed cost or a percentage of shares value. Cheers

[mwaters74] 19/7/2022 12:34

Yes it was

[junior21] 19/7/2022 12:31

mwaters74, I don't suppose your holding was within an ISA?

[daler1966] 19/7/2022 12:22

Yes that helps thank you

[mwaters74] 19/7/2022 12:07

For anyone on ii, i phoned them today to see what I needed to do regarding yesterday's RNS. I was informed that I could get the certificate for my shares for a fee. The fee is the charge for having your certificate registered. As I had the funds available i just got them to process the request and they informed me the certificate will be posted to me in due course. Hope this helps.

[trcml] 19/7/2022 11:11

maxplus: a share certificate is proof of ownership from the date of purchase, also receipt for the purchase.

[trcml] 19/7/2022 10:28

scrwal: its incorrect to say the shares cannot be traded - unless you mean to imply cannot be traded on the London Stock Exchange. Shares can be traded via matched-bargain or some sort of intermediary, or by listing on another stock exchange. Whether EVV would seek to buy in all shares not held by Russian investors or vice versa would require a tender offer of some sort, or compulsory purchase.

[trcml] 19/7/2022 10:14

For those of us with HL in HL nominee form but not in a tax-wrapper, HL tell me they are considering what to do for the best and when they've decided will email holders within the next few days.

> One downside I can think of with paper certificates is that EVR and by implication the authorities will know/have the names and addresses of the actual shareholders - no big deal in normal time but… > As for buying and selling I've been dabbling in the stock market since the days of paper certificates the only issue is the settlement date.

[geordy2] 19/7/2022 10:03

Gary Cook

I have had a similar response from AJ Bell they will shortly be issuing a Corporate Action notice.

G2