What's in the Mirror?

By THIS IS MONEY
Updated:

 

I OWN 'old' Daily Mirror shares bought at the time the newspaper group was owned by Robert Maxwell. Do they have any value and have any dividends been paid? TS, London

Lloyds TSB Registrars, the registrar for Trinity Mirror, say: In August 1999 a merger between Trinity plc and Mirror Group plc was announced to form Trinity Mirror and an offer document sent to all shareholders. If you had moved from the address held by the registrars you may not have received this.

Mirror Group share certificates can no longer be used for transfers or sales. The merger offered 0.325 Trinity Mirror shares plus 82p per share for each Mirror Group share, but you could opt to have more shares and less cash or all cash under the mix and match election.

Once the company had acquired 90% of the issued capital of Mirror Group, they were able to compulsorily acquire the remaining 10%.

Where Mirror Group shareholders did not accept the terms they were formally notified that they had a further six weeks to accept the offer. After that time, unclaimed entitlements were transferred to a non-assenting shareholder register maintained by Lloyds TSB Registrars.

Any Mirror Group shareholders who believe they have outstanding entitlements would need to send their Mirror Group share certificates and written acceptance of the terms of the merger to Lloyds TSB Registrars, The Causeway, Worthing, West Sussex, BN99 6DA.

Non-assenting shareholders can now accept only the main terms of the offer (not the mix-and-match deal). If you have changed address since you bought the shares you'll need to quote your new address when claiming.

Most watched Money videos