29 Wellington Street
Tel: +44 (0) 371 664 0300
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It was been brought to our attention that a US firm has been targeting a number of our shareholders informing them that they are intending to bid for the Company and that they are offering to purchase shares in the Company for a greatly inflated price. This appears to be what is known as a boilerscam and is not a genuine offer.
Over the last year many companies have become aware that their shareholders have received unsolicited phone calls or correspondance concerning investment matters. These are typically from overseas based ‘brokers' who target UK shareholders offering to sell them what often turn out to be worthless or high risk shares in US or UK investments. They can be very persistant and extremely persuasive and a 2006 survey by the Financial Services Authority (FSA) has reported that the average amount lost by inverstors is around £20,000. It is not just the novice investor that has been duped in this way; many of the victims had been successfully investing for several years. Shareholders are advised to be very wary of any unsolicited advice, offers to buy shares at a discount or offers of free company reports.
If you receive any unsolicited investment advice:
Details of any sharedealing facilities that the company endorses will be included in company mailings.
More detailed information on this or similar activity can be found on the FSA website http://www.fsa.gov.uk/consumer/.
Yes, if you hold ordinary shares and live in the UK or certain other countries covered by the transcontinental automated payment service. Please contact Link Asset Services for further information. See contact details above.
Your name probably appears on the share register more than once. Please contact Link Asset Services for advice on how to amalgamate your shareholdings. See contact details above.
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