Wednesday 7 May 2008

Selftrade mismanage Freedom4 tender

To Update People on the Pipex/Freedom 4 situation, Halifax did their bit and tendered 85% of my shares, Selftrade on the other hand, mismanaged it and only did 58%, despite me knowing a huge number of their nominee shareholders didn't put their tenders in in time.

I complained about the fact they only tendered 58% when I specifically said tender ALL or as much as possible. The official written reply is :-

"Unfortunately we do not have direct access to the Halifax to substantiate your claim that they tendered 85%..."

Not impressed.

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