While youāre still a shareholder, youāll still see the shares in your portfolio.
1 Like
I had no idea that if you sell a share which is close to delisting (but hasnāt delisted yet) you could wait weeks to get money from the sale back.
Learning new thing s every day!
1 Like
So, is our money definitely gone now?
-Ā£8
1 Like
In response to the store closure that will be them trimming the worst stores off the books. Probably all making big losses, or have big leases up for renewal etc.
As far as money goes, a debt restructuring package would probably knock out the shareholders equity anyway.
Still waiting for the money from the sold shares 
So if we still have Debenhams shares when do they get removed from my portfolio, they cannot be sold or bought so itās there indefinitely?
The administrators havenāt finalised the deals with creditors so until that happens the shares are still suspended until thereās a definite outcome as far as Iām aware.
3 Likes
Whatās the latest on Debenhams? Still waiting for creditors?
2 Likes
What does this mean, if anything, for shareholders?
Has anyone received cash for shares sold on the 8th of april? Apparently the trades wonāt settle because their setllement date fell on the same time when Debenhams was delisted. But is there an other procedure to complete the trades? Itās been one month!
Hey 
, just an update on this. Debenhams will be withdrawn from Crest on or shortly after 10 May, at which point weāll remove the holdings from individualās accounts. This also allows us to reach out to the counterparties (the market makers who have pending trades with us) to arrange cash settlement outside of Crest and settle any outstanding trades. Iāll ping an in app message to anyone affected.
5 Likes
Iāve contacted Debenhams investor relations and this is the message that i received:
Apologies for the lateness in my reply but I have been out of the business.
Any trades that were placed on or after the 5th April 2019 would not have settled due to the listing suspension on the 9th and subsequent cancellation on the 10th. Therefore all trades on or after that date were reversed in market, with purchasers receiving their money back and sellers (like yourself) unfortunately having their funds withdrawn/withheld.
Iām therefore afraid that any repatriation due to you will now need to be determined by the administrators. You can keep up to date on any such decisions made by the administrators via visiting their website: https://www.fticonsulting-emea.com/cip/debenhams-plc
3 Likes
I donāt understand, surely if you sold before the suspension, you will get the money?
If the transaction settled before suspension, then most likely yes. But if you sold up to two days before the stock was suspended on the 10th of May, you are still likely to remain a shareholder until there is more information from Debenhams themselves.
1 Like
I sold my shares before the suspension but it didnāt get settled before the suspension.
Freetrade then allowed me to re-invest the money as it will come at some point (I thought?).
Are you saying that Freetrade shouldnāt have allowed me to reinvest as the money may never come back?
Look what has reappeared in my account todayā¦
The shares were sold the day before suspension, but obviously didnāt complete. Freetrade have also removed the unsettled cash from my account.
It would be nice for Freetrade to contact us by email or in chat support about something like this as a courtesy warning/explanation/apology etc. Especially as they had previously stated above that we would receive the money.
5 Likes
This is a little worrying, esp. as other companies have already settled people who sold the day before the suspension (according to a couple of people I asked on the net after google searching people in other situations!).
Any update @Rob ?
Also, what happens if we have reinvested (like I have?). Will Freetrade come asking me for money if the investments go into negative? 
1 Like