Shareholder scam alert

In recent years, many companies have become aware that their shareholders have received unsolicited telephone calls or correspondence concerning investment matters. Shareholders may be advised that there is an imminent offer for the company, and the caller may offer to buy shares at significantly above the market price, subject to the payment of an administration. This type of activity is known as a ‘boiler room' scam.

Shareholders are advised to be very wary of any unsolicited advice, offers to buy shares or offers of free company reports. Typically these types of approaches are from overseas based ‘brokers’ who target shareholders. These callers can be very persistent and extremely persuasive but please keep in mind that firms authorised by the Financial Conduct Authority (FCA) are unlikely to contact you out of the blue with an offer to buy or sell shares.

Callers may also ask for your email address and other personal information. You should not provide the information requested, as such approaches will likely be scams. If you do receive an approach, we suggest that you ignore it, or treat it with much caution.

If you receive any unsolicited investment advice, we recommend that you:

  • Make sure you get the correct name of the person and firm;
  • Check the FCA register to confirm that they are properly authorised;
  • Report the matter to the FCA either by calling 0800 111 6768 or through the online form.

Remember, if it sounds too good to be true, it probably is! If the calls persist, hang up.

The following poster is a helpful overview of how to be avoid investment scams. For further guidance visit the FCA’s scamsmart website.

Contact

Contact our investors

Investor Relations

Telephone: +44 (0) 3300 46 6802



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