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Re: Aef post# 6431

Thursday, 03/08/2018 4:22:39 AM

Thursday, March 08, 2018 4:22:39 AM

Post# of 6624
This is the first time I've ever had one of my investments be involved in a takeover where the primary exchange is foreign and I've bought shares OTC. Usually I deal with ADRs or indirect.

I frankly have no idea what is the status of the shares bought OTC after the stock was delisted in Stockholm. I would hope that the buyout applies to shareholders as of the final buy out date but what happens if the rules say they only have to buy shares from shareholders that were recorded as having them on the delisting date? Effectively what is someone buying/selling now on OTC in AMAVF?!? You're not buying shares in ARCAM - that doesn't exist anymore!

I'd be curious to know the answer but no idea how you'd find that out definitively - maybe speak to your custodian/broker if you've bought since the delisting?

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