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NNG Newport Network

0.04
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Newport Network LSE:NNG London Ordinary Share GB00B00ST620 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.04 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.04 GBX

Newport Networks (NNG) Latest News

Real-Time news about Newport Network (London Stock Exchange): 0 recent articles

Newport Networks (NNG) Discussions and Chat

Newport Networks Forums and Chat

Date Time Title Posts
08/3/201209:17Newport Networks - High Risk but Potential Multi-Bagger?3,597
15/4/200815:36NEWPORT NETWORKS CONTRACT8
02/2/200812:38Newport Networks 2007416
11/1/200813:23Newport with Charts & News29
13/11/200717:27Newport Networks, another VoIP Gem1,012

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Newport Networks (NNG) Top Chat Posts

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Posted at 28/3/2011 06:57 by willsy50
Had mine credited to my share account around December
Posted at 27/3/2011 20:20 by osammyboy2
msufil, miyk

Payment was made @ approx 0.198p per share and credited to my nominee account on 22 December
Posted at 10/1/2011 14:08 by orslega
just got this from Hargreaves Lansdown - NNG is now fully wound up - claim your CGT losses

10 January 2011



Dear

Client Reference:



Newport Networks Group Plc: First and Final Liquidation Distribution



What has happened?



Newport Networks Group cancelled their listing on the Alternative Investment Market on 18 March 2009. Following this they were placed into Members' Voluntary Liquidation on 17 August 2009 with Vivian Murray Bairstow and Neil John Mather of Begbies Traynor LLP being appointed Joint Liquidators. The Liquidators have now made a first and final payment to Shareholders. Shareholders have been credited with:



0.0198p in cash for each Newport Networks Share held
Posted at 04/1/2011 09:47 by osammyboy2
Barclays have yet to tell me, despite requests, what the 'liquidation payment' is for and still show NNG in my portfolio. It is only through reading this board that I know it's for NNG. Has anyone actually got anything in writing to confirm that it's a full and final payment for our NNG holdings?
Posted at 16/12/2010 18:39 by osammyboy2
Haven't heard anything yet. How much per share?
Posted at 16/12/2010 14:50 by orslega
was watching out for this - my view is that now that they have paid the full and final settlement dividend, that is it.....so that now means that CGT losses have crystallised - no one can argue with that and I will certainly being claiming neglible value for NNG on my Tax Return for the current year ending 5th April 2011.

I also believe that there is a good argument to be had with HMRC - if one needed it - to claim that the CGT loss crystallised a year earlier ie in the year ended 5th April 2010 - so if you want to claim the CGT loss in y/e 5th April 2010 Tax Return because they are needed to offset gains above CGT annual allowance - then do so - just make sure that you add an additional information note to your CGT computation quoting the Receivers letter about maximum potential final distribution (NB, online filing deadline 31st January 2011.

Either way, always claim your CGT losses as they can be carried forward indefinately. You never know your luck, you might just have a multibagger one day........ like blinkx!:)
Posted at 22/8/2010 17:19 by osammyboy2
Copied from HMRC website

Shares of negligible value

The Negligible Value list is a list of shares or securities formerly quoted on the London Stock Exchange, which have been officially declared of negligible value for the purposes of a claim under S24(2) Taxation of Chargeable Gains siteAct 1992 by the Shares and Assets Valuation Office.

The list shows the name of the company, the type of share or security and the tax year or a specific date at which the shares or securities may be accepted as being of negligible value. The list also shows when companies whose shares have been agreed to be of negligible value are struck off the Register of Companies and dissolved. Please note that negligible value can not be claimed after the company has been dissolved.

The negligible value list gives a tax year or a specific date at which Shares and Assets Valuation has accepted that the share or security if of negligible value. If a negligible value claim is received for a share or security which is on the list but for an earlier date than shown, then Shares and Assets Valuation will consider the claim at the earlier date.

If a share or security does not appear on the list, this does not necessarily mean that we will not accept the claim. It could be that a negligible value claim has not been previously considered.

All negligible value claims must be made to your Inspector of Taxes in the first instance. A claim can be made by making an entry on your tax return or by letter. Your claim will then be referred to the Shares and Assets Valuation Office if considered appropriate.
Posted at 19/8/2010 20:38 by pelleeds1980
I notice from the Wikipdeia entry for this shower of a share the following:

The company has now ceased all trading, it has been placed into solvent liquidation and remaining funds distibuted to shareholders.

Has anyone had any cash out of this? Main thing I want is to be able to use this loss against profits made last year.
Posted at 22/1/2010 17:16 by wathchers
anyone know what assets nng had prior to liquidation? If they are sold off in order to wind up would we not be entitled to that too? Just thought if nng owned offices etc and equipment that would have to be sold off and if it was members volountary liquidation ( which i believe it was) then we should get that money too? Any thoughts or advice on it welcome.
Posted at 06/10/2009 18:52 by miyk
pelleeds
luckily i bought in to bmr at the time of buying nng. wish i bought more in bmr, have 75,000 shares and i have a feeling bmr will reach close to 10p upon news.

the researcher - had a quick look on wfca- news today was reasonably ok with increased profits comparison to 2008. share price stays at 4p???
Newport Networks share price data is direct from the London Stock Exchange

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