Triple Point Energy Tran... Share Discussion Threads

[chucko1] 18/3/2025 13:07:08

Then sell everything now, borrow against the remaining supposed value and do a runner.

[joe say] 18/3/2025 11:42:01

Thank you

Monies now received ex HL - with a St Patricks day value date and at 43.49p

edited - but watch out for your total account value - they've double counted whilst they process - so its both in my cash balance and in the 'other' section

[chico hamilton] 18/3/2025 11:30:12

Monies received today into ii Sipp. They have still got my original TENT holding up priced at 42.5p so my Sipp has increased by the payment. I wish!! seems I need to message them on every corporate event they process these days on my account.

[spindoctor111] 18/3/2025 11:08:09

Me too. Phew.

[rotherslade1] 18/3/2025 11:05:56

Money in my HL account

[joe say] 18/3/2025 07:42:46

Not in my HL account either - and tbh nowadays you tend to receive funds from them - with the notification following at least a fortnight later

[spindoctor111] 17/3/2025 17:22:08

Cash not landed at HL as if 5pm today, confirmed with phone call.
Any arrivals elsewhere?

[spindoctor111] 14/3/2025 21:43:09

Thanks Ravens.
You'd hope that HL had been sent the letter too....
Please share any further comms, much appreciated.

[ravens1892] 14/3/2025 14:30:37

I have received an email from triple point stating that payments have been made today via computershare. So it is now down to how efficient the platform/custodian systems are. I also received a copy of a letter from Henry Shinners, Liquidator dated 7 March which:
Private & Confidential
7 March 2025
To all known shareholders
Dear Sir/Madam
Triple Point Energy Transition Plc (in members’ voluntary liquidation) (the “Company”;)
I am writing to advise that following the general meeting held on 24 February 2025, Adam Henry
Stephens and I were appointed as Joint Liquidators of the Company. Enclosed with this letter is a copy
of our certificate of appointment for your records.
Please note that Adam Henry Stephens and I are licensed as insolvency practitioners in the United
Kingdom by the Institute of Chartered Accountants in England and Wales and as such we are bound
by the Insolvency Code of Ethics when carrying out all professional work relating to insolvency
appointments.
As detailed in the Circular sent to shareholders at the end of January 2025, the Initial Distribution was
stated to be made to shareholders within 10 business days of the General Meeting.
Unfortunately, I am not yet receipt of funds from the Company. However, I have been advised that
this is imminent. The reason for the delay is that retention monies following the sale of the HoldCo,
have very recently been returned to the Company’s bank account. Accordingly, this has enabled me
to distribute more funds than were anticipated in the Initial Distribution.
The total sum to be distributed to all shareholders in the Initial Distribution is £43,500,000 and this will
be paid at the rate of £0.434939 per share held.
I understand that funds should be received into the liquidation bank account on 10 March 2025. As
such, the distribution will be made to shareholders immediately thereafter. Early next week, you will
receive funds by way of bank remittance into the account details held by the Company, or by cheque.
Please note that funds will be sent from Computershare, who are assisting us with the distribution.
I anticipate making a subsequent distribution in Q3 2025 which will primarily represent the cash
remaining on the balance sheet after all expenses and any other contingencies have been paid and
including the next £1 million instalment of the CHP Deferred Payments and the remaining HoldCo
Deferred Consideration.
Evelyn Partners LLP
Page 2 of 2
A final distribution to Shareholders of any residual cash and the final £1 million instalment of the CHP
Deferred Payments is envisaged to be made in Q4 2026.
Please note that the actual timing and amounts of the following distributions will depend entirely on
receiving the deferred consideration as mentioned in the Company’s declaration of solvency sworn
by the directors.

[chucko1] 14/3/2025 12:26:59

So I sent them (HL) a message and this is what I got back: (if anyone can reconcile this with other messages referred to in other posters' previous posts, good luck)


"Thank you for the message.

The initial distribution was scheduled to be made today.

We are yet to receive this but expect it to be made at some point next week.

We are unaware of the reason for the delay but are due to write to you once we have further information.

I hope this has been of assistance. If you have any further questions, please reply by secure message from your HL account or send us an email. Please note that attachments we send will only be available to view on our website and not on the HL App."

[chucko1] 14/3/2025 11:20:57

HE, I have a number of HL accounts. I have received nada on TENT other than the original notification of a vote on Feb 7th.

[horndean eagle] 14/3/2025 11:09:38

HL sent the same message out yesterday. Distribution today they said

[spindoctor111] 14/3/2025 07:45:48

Well done AJBell. Nothing from HL...

[ravens1892] 13/3/2025 19:27:16

My holding is with AJ Bell. I received a corporate action communication from them yesterday:

The liquidators have confirmed there is a delay for the payment of proceeds. The initial distribution is now expected to be approximately £0.434939 per share held. Your account will be credited upon receipt.

Because there was an indication that ii accounts had been credited I tried to contact the Liquidator Adam Stephens of Evelyn Partners. I have left a message with my details. So I hope I get a definitive response from him.

[loachmark1] 13/3/2025 18:59:31

2wild, just checking whether your comments may have been misunderstood - are you saying that you have already received the first capital redemption payment following liquidation into your ii ISA? There are lots of others with ii accounts saying they haven't received anything yet.

Ravens, where did you hear the 43.4943 figure from?

[spindoctor111] 13/3/2025 18:47:16

Still nowt via HL.
And nothing on the TENT website.
"within ten business days..."

[ravens1892] 13/3/2025 18:06:35

They also said the payment would be 43.4943 rather than 42.99. Did you get the higher amount?

[chucko1] 13/3/2025 16:15:35

How can that be true if ii have paid out? Bordering on implausible.

[ravens1892] 13/3/2025 15:33:11

I have invested via AJ Bell they say there is a delay at the liquidators!

[spindoctor111] 12/3/2025 19:38:31

Still no cash in HL account!
Hargreaves Lansdown is of course a relatively expensive service. Disappointing that they lag competitors in a number of domains.

[spindoctor111] 11/3/2025 17:34:18

Good. Not hit HL yet, but at least the Corporate process hasn't hit a snag.

[2wild] 11/3/2025 15:23:19

Cash in my ii ISA.

[spindoctor111] 10/3/2025 20:12:19

Snap. Not landed in HL as of this evening. And nothing on tpenergytransition.com
Information vacuum...
Once the listing is cancelled, I hope and expect/demand that the website is used to communicate promptly and effectively.

[chico hamilton] 10/3/2025 15:03:23

Nothing yet from ii also.

[chucko1] 10/3/2025 11:11:22

Any signs of capital repayment into accounts? As I only own this in HL accounts, I would be the last to know!

Today is the end of the 10 business day maximum period.