Invensys Share Discussion Threads

[gordo58] 26/5/2015 11:45

BQAE CBC rqqe. vevbvbvgvvraxxnbnoerr

[m welsh] 31/1/2014 13:18

Money turned up in my account today. THE END

[donkeystone] 27/1/2014 09:00

bad

lloy

ttfn

[badwood] 18/1/2014 21:17

Hobby,long time since you visited Invensys bulletin board. Hope all is well. So finally Invensys goes French. I held for over 10 years in order to recoup my substantial losses on Marconi. You win some and you bury some.

Hobby and Donkeystone good luck in your future investments. What are the main shares you invest in these days? For me its CWC, Lloyds and Allergy Therapeutics band all three of them have caused me grief in the past.

[a0148009] 09/1/2014 08:35

Guessed as much there are so many RNS announcements each day it is easy to miss. Thanks for digging out the updated timetable - always best to check the company website D'oh!

AO

[dashton42] 09/1/2014 08:24

D'oh. Updated timetable, 20th Jan is the actual date for the demise of ISYS (see page 3). Should've been paying closer attention.

[dashton42] 09/1/2014 08:19

Well, so much for that theory; ISYS still trading this morning...?

[a0148009] 08/1/2014 10:19

dashton- Many thanks, I see what happened now put it in my diary a week before as
an early warning but not the effective date - best laid plans of mice and men often go awry!

AO

[dashton42] 08/1/2014 09:46

I think that ISYS shares are cancelled on 9th Jan, and new Schneider shares trade on the same day (see page 6/7):

[a0148009] 08/1/2014 08:13

Apologies, the info for last day of dealings is obviously incorrect, I don't have the date at the moment but will try an find it.

AO

[a0148009] 30/12/2013 10:53

Same here - could have been worse we have had some dividends and averaged down
which reduced the pain, but poor performance over duration of the investment.
Have a note in my diary tomorrow is the last day for dealing.

AO

[jak1] 24/12/2013 10:39

Well that's me done, just sold my stock at 506p. What a dog it's been but at least I finally leave with a profit. Bit sad to say goodbye really LOL. Now to find a new home for the cash.

Good luck to the rest of you who still hold...

[peterbill] 20/12/2013 13:50

Bloody hell 177 pages! ... Anyone read them all?

(edit the url)

[donkeystone] 26/11/2013 09:29

Bakero, no but yeah but no but Lloyds will be the new home. The big burst of growth in the share price is over, so for me, unusually, it is about return of a divi. I already have a few.

ttfn

[donkeystone] 26/11/2013 08:34

to cash me cheques !!

[bakero] 26/11/2013 08:23

I was going to stay until the end, but for no other reason than to be here at the end (having held since 2003), so have done same donkey. Sold half last week just under and half this morning just over a fiver.This morning's sale has gone into BLVN, also in SIA, TNI, TRAP, GKP (very oily!).Where else are you now / going Donkey?

[donkeystone] 25/11/2013 15:25

Sold today, just shy of a fiver

As ever

£ 23/02/05 to 25/11/2013

RIP Invensys

ttfn and tata to all fellow isysers who've been such fun along the way

[el-tel] 13/11/2013 10:54

I am considering selling up now and moving on . The original offer was worth around 505p and I assume that is still the case. Tempted to buy a few LLOY.

[slogsweep] 06/11/2013 08:34

Since most of the offer is cash I considered I could use it better elsewhere at present. Gave it a run to see if any other offer might emerge but think thats unlikely now so sold C 500. and have been spoiled for choice for alternatives so happy with decision. Best thing for me would be for the deal to fall through and I could pick them up again C300. Had a good run bought C200 so can't complain.

[perkie] 05/11/2013 20:52

Sorry guys, I've somewhat taken my eye off the ball here as I've had these for years when they weren't worth very much (thus cheap to buy too). What's the wisest thing to do here? Just sell around £5.00 and move on to use the money wisely with other shares, or sit on them and consider one of the three options at the end of the year?

[m welsh] 05/11/2013 11:11

Received via email from Barclays Stockbroker

Dear Client,
CORPORATE ACTION REFERENCE 201301912
Invensys have announced the terms of a Recommended Offer by Schneider Electric to acquire its shares by means of a Scheme of Arrangement.
PLEASE NOTE WE MUST BE IN RECEIPT OF YOUR INSTRUCTION BY 30 DECEMBER 2013.
EVENT TERMS:
Under the basic terms of the offer you will receive 0.025955 new shares of Schneider Electric S.A. and GBP3.72 in cash for each ordinary share of Invensys that is held at 6pm on 8 January 2014 (the Scheme Record Time).
OPTIONS AVAILABLE TO YOU:
Option 1 - The Basic Offer (0.025955 New Shares of Schneider Electric and GBP3.72 in Cash) (DEFAULT)
MIX & MATCH FACILITY
Under the Mix and Match Facility you can elect to vary the proportion of cash and new Schneider Electric shares you receive in respect of your holding of Invensys shares. Elections under this facility will be on the basis of GBP1.30 in cash for 0.025955 New Schneider Electric shares and vice versa.
Success of Mix and Match Elections will be subject to elections made by other Invensys Shareholders and as such any election you make under this facility may be scaled back. You may therefore receive a different amount of cash and/or shares than you were expecting. We would expect to be able to confirm the amount of cash and shares you are due to receive on or around 10 January 2014.
Option 2 - Max Shares (Elect to take shares in respect of cash you would be entitled to under the Offer)
AND/OR
Option 3 - Max Cash (Elect to take cash in respect of shares you would be entitled to under the Offer)
• Provide your instruction online by logging into your account
• Give your instructions by telephone by calling 0800 015 4449* or local dial number 0141 352 3909*
Please quote corporate action email reference 201301912
PLEASE DO NOT REPLY TO THIS EMAIL IF YOU WISH TO RECEIVE OPTION 1.
ADDITIONAL INFORMATION
The new Schneider Electric S.A. shares you receive under the Offer will be paid in the form of Crest Depositary Interests (CDIs).
It is expected that the new Schneider Electric shares will be admitted to trading on the Euronext exchange, Paris. The Company does not intend to apply for listing on the London Stock Exchange.
You will be able to hold the CDIs in your existing account. As the CDIs represent an interest in a Foreign Listed Company we are unable to purchase additional Schneider Electric shares for you, however we can sell the stock. Due to the nature of the stock we are unable to carry out sales via our website but would be happy to do so via the telephone. Please contact our agents on the number above if you require this service.
We will aim to update your account within five business days of receiving the shares and proceeds.
Overseas residents should consult their professional advisers as to whether they require any governmental or other consents or need to observe any other formalities to enable them to accept the cash offer.
By accepting the offer, you will be representing to us that local laws and regulatory requirements have been complied with, including the obtaining of any governmental, exchange control and other consents that may be required and the payment of any issue, transfer or other taxes or duties due in that jurisdiction.
A full copy of the document can be found on the company's website
Please note that this email does not constitute investment or tax advice. If you are unsure of what option to take, or if you are in any doubt as to your tax position, please contact your financial advisor.

Please don't reply directly to this email as responses are not monitored. If you would like to email us about something, please visit the 'Contact Us' section of our website

Kind regards,
Corporate Actions Team