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with the imminent takeover of scottish power was is the best course of action to take with shares held in a p.e.p.

2007-03-13 20:32:59 · 2 answers · asked by Anonymous in Business & Finance Investing

whats the best course of action to take

2007-03-14 06:39:25 · update #1

2 answers

With the offer you will be getting £4 plus 0.16%of an Iberola share. However, there is an option to reduce your cash offer and invest the money in more Iberola shares. In my opinion, for your case (i.e. as a PEP or ISA holder) it would be best to reduce your cash offer to zero and and convert all your cash to Iberola shares (for this you have to use the white form). In my opinion, that would be the cleanest and least bothersome option. This will not exclude you from receiving the dividends due from Scottish Power shares. In this way, you will have some cash in hand as well as your PEP in tact. But there is snag. If majority of the people is doing the same or similar thing (I.e. converting their cash into Iberola shares), you may not be lucky to get exactly as you want. I hope this helpful.

2007-03-17 13:26:01 · answer #1 · answered by East Ender 2 · 0 0

i think so whatt ok

2007-03-14 11:54:00 · answer #2 · answered by gaya.0001 2 · 0 1

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