The reply is (I think) I cannot sell shares without losing dividend shares until the "ex-date" is announced ....
Dear Mark
Thank you for your further email.
1) You are correct, you are entitled to the dividend shares.
2) The company will confirm the “ex-date” at the earliest opportunity, after which shares may be sold without loss of dividend.
3) The next stages are as follows:
Due to UK Company law the a2a shares must first be issued to Petel Incorporated.
The company must then complete a share transfer form for each shareholder, as at the 11th June 2007.
The share transfer forms must then be sent to the Stamp Office, where they will be stamped and can be returned to the shares registrar for a new certificate to be issued in the name of the shareholder.
The new certificate will then be posted to you.
The Stamp Office are currently quoting a turn around time of two weeks. It is anticipated that Petel will receive the certificate early next week and will have completed and posted the transfer forms by the end of next week. To complete the stamp office transaction will take a maximum of two weeks and we would estimate a further five working days for your certificate to reach you.
Should you require any assistance in finding a broker capable of trading the shares please visit www.plusmarketsgroup.com/PLUS_brokers.shtm.
The Company will make every effort to supply you with a certificate at the earliest possible opportunity.
We hope this information is useful. A detailed timescale will be published on the Petel Incorporated website once the Company has received the shares from a2a.
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