Friday, June 29, 2007

Confusion Over Selling City Shares

I just thought I'd do a quick follow-up on my post earlier this morning as there seems to be a bit of confusion about the process for selling shares, given some of the comments that were left.

I've just spoken to City's communications team to try to get to the bottom of it. They confirmed that offer letters were sent to shareholders earlier this week, however it sounds like some people have not received them.

Now, this could be due to a number of reasons including:

* The usual slowness of the Royal Mail

* The impact of the postal strike

* Shareholders who have purchased shares and then moved house without notifying their change of address

I've suggested to the City communications team that they ought to put out some easy to read information and contact details so that shareholders that for whatever reason have not yet been contacted are able to sell their shares quickly.

The club did put out this takeover update last week, but I almost lost the will to live after the about the first page; a great document if you're a lawyer, but not so good for an average fan.

So, keep checking the MCFC website or contact the club for advice

3 comments:

steve said...

plusmarketsgroups.com statement under rule 8.1 ...11.68%shares
is this new shares bought ?
any ideas please

Anonymous said...

Found this post on blueview.co.uk if it helps anybody, Sell sell sell!

1. Sign the form of acceptance you have been sent in the post - this has to be witnessed by someone over 18 who is not a family member;
2. Send this form together with your share certificate;
3. Send it back before the 17th July to Capita Registrars, PO Box 1269, Huddersfield. HD1 9UT.

If you have any problems you can call them on 0208 639 2157.
Their fax number is 01484 601 512.
They don't accept photocopies or faxes though for the acceptance form only the original with a signature

Bluesology said...

Cheers... thanks for the info