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SUNGEETHA S
1 reviews | Active since Jun 2015
30 Jun 2015, 10:51
RIPOFF
I QUERIED A SHARE CERTIFICATE WITH CALL CENTRE BEGINNING OF MAY 2015 OF WHICH I HAD 3000 SHARES. I WAS ADVISED TO SUPPLY A CERTIFIED COPY OF DOCUMENTS ETC VIA REGISTERED MAIL AS I HAD -84 SHARES WITH SUPERGROUP. MY LETTER DATED 9TH JUNE 2015 WAS SENT STIPULATING TOTAL SHARES BE PAID TO ME ASAP. TWO WEEKS LATER I CONTACTED COMPUTERSHARE TO BE TOLD BY MEGAN (TEAM LEADER) YESTERDAY I HAD 85 SHARES BUT AN ODD LOT WAS ISSUED BY SUPERGROUP ON 19TH JUNE 2015 AND I NOW HAD NO SHARES OUTSTANDING!! THE ONLY AMOUNT PAID OUT TO ME WAS R102.00 AND NOT PER SHARE PRICE OF R30.58 = R2600 - . FURTHERMORE THE AMOUNT OF R102 WAS PAID INTO MY INVESTMENT ACCOUNT AND NOT TO ACCOUNT I ASKED IN MY LETTER TO THEM. MEGAN CALLED ME TODAY WITH AMNESIA SAYING CONSOLIDATION HAPPENED IN 2011 BUT YESTERDAY CONFIRMED AS AT 09TH JUNE I HAD 84 SHARES!! MY QUESTION TO COMPERSHARE IS \ MY LETTER WAS DATED 9TH JUNE 2015 AND NOT 19 JUNE SO WHY MUST I BE SHORT CHANGED". FURTHERMORE ALL OUTSTANDING DIVIDENDS NOT HONOURED/CASHED MUST BE PAID TO ME BUT THEY REFUSED. WHY? I ASK THE 85 SHARES WHICH WAS CONFIRMED BY MEGAN YESTERDAY AND YOUR CALL CENTRE AGENT BE PAID OUT TO ME WHICH IS FAIR!!"""
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Computershare's replyOfficial
02 Jul 2015, 09:20Hello SUNGEETHAS,
According to the register of members you held 3 069 Chariot Holdings shares in 1998. Chariot went into liquidation on 5 June 2000 after a number of corporate actions. On 7/08/1998 there was a consolidation and shareholders received 1 new share for every 10; your shares were reduced to 306. On 19/2/1999, a distribution in which shareholders received 27.57 Super Group Ltd shares for every 100 shares; your shares were reduced to 85. On 17/12/2002, another consolidation of 1 new share for every 20 shares; your shares were reduced to 15. On 16/01/2012 a third share consolidation of 1 Super Group share for every 10 shares held was followed by an odd-lot offer to shareholders who held fewer than 100 shares. Shareholders could elect to sell their odd-lot holdings at the offer price, purchase sufficient additional shares at the offer price to increase their holdings to 100 shares or retain their odd-lot holdings. Shareholders who did not respond received a cash payment of R11.36 per share. At this point, the number of your shares had been reduced to 9 and the payment due was R102.24.
We do hope that this information clarifies the matter for you.
According to the register of members you held 3 069 Chariot Holdings shares in 1998. Chariot went into liquidation on 5 June 2000 after a number of corporate actions. On 7/08/1998 there was a consolidation and shareholders received 1 new share for every 10; your shares were reduced to 306. On 19/2/1999, a distribution in which shareholders received 27.57 Super Group Ltd shares for every 100 shares; your shares were reduced to 85. On 17/12/2002, another consolidation of 1 new share for every 20 shares; your shares were reduced to 15. On 16/01/2012 a third share consolidation of 1 Super Group share for every 10 shares held was followed by an odd-lot offer to shareholders who held fewer than 100 shares. Shareholders could elect to sell their odd-lot holdings at the offer price, purchase sufficient additional shares at the offer price to increase their holdings to 100 shares or retain their odd-lot holdings. Shareholders who did not respond received a cash payment of R11.36 per share. At this point, the number of your shares had been reduced to 9 and the payment due was R102.24.
We do hope that this information clarifies the matter for you.
Best regards,
Computershare's reply02 Jul 2015, 09:20
Official
Hello SUNGEETHAS,
According to the register of members you held 3 069 Chariot Holdings shares in 1998. Chariot went into liquidation on 5 June 2000 after a number of corporate actions. On 7/08/1998 there was a consolidation and shareholders received 1 new share for every 10; your shares were reduced to 306. On 19/2/1999, a distribution in which shareholders received 27.57 Super Group Ltd shares for every 100 shares; your shares were reduced to 85. On 17/12/2002, another consolidation of 1 new share for every 20 shares; your shares were reduced to 15. On 16/01/2012 a third share consolidation of 1 Super Group share for every 10 shares held was followed by an odd-lot offer to shareholders who held fewer than 100 shares. Shareholders could elect to sell their odd-lot holdings at the offer price, purchase sufficient additional shares at the offer price to increase their holdings to 100 shares or retain their odd-lot holdings. Shareholders who did not respond received a cash payment of R11.36 per share. At this point, the number of your shares had been reduced to 9 and the payment due was R102.24.
We do hope that this information clarifies the matter for you.
According to the register of members you held 3 069 Chariot Holdings shares in 1998. Chariot went into liquidation on 5 June 2000 after a number of corporate actions. On 7/08/1998 there was a consolidation and shareholders received 1 new share for every 10; your shares were reduced to 306. On 19/2/1999, a distribution in which shareholders received 27.57 Super Group Ltd shares for every 100 shares; your shares were reduced to 85. On 17/12/2002, another consolidation of 1 new share for every 20 shares; your shares were reduced to 15. On 16/01/2012 a third share consolidation of 1 Super Group share for every 10 shares held was followed by an odd-lot offer to shareholders who held fewer than 100 shares. Shareholders could elect to sell their odd-lot holdings at the offer price, purchase sufficient additional shares at the offer price to increase their holdings to 100 shares or retain their odd-lot holdings. Shareholders who did not respond received a cash payment of R11.36 per share. At this point, the number of your shares had been reduced to 9 and the payment due was R102.24.
We do hope that this information clarifies the matter for you.
Best regards,