Page 1 of 1
RDI (ex Wichford) to BIDCO
Posted: May 11th, 2021, 4:30 pm
by gnawsome
I have held RDI since Aug 09, now they have been bought by SOF Cambridge - Bidco Ltd.
I supposed that the value~ price at £1.215p.s. would arrive at my acccount with EQi but all I see is RDI nil.
I've looked for info but can't understand the RNS's.
I believe Starwood European Real Estate Finance (SWEF) have some interest but I may have that wrong.
DAK the process for my realisation of cash or alternative compensation
Re: RDI (ex Wichford) to BIDCO
Posted: May 17th, 2021, 11:12 am
by stevensfo
gnawsome wrote:I have held RDI since Aug 09, now they have been bought by SOF Cambridge - Bidco Ltd.
I supposed that the value~ price at £1.215p.s. would arrive at my acccount with EQi but all I see is RDI nil.
I've looked for info but can't understand the RNS's.
I believe Starwood European Real Estate Finance (SWEF) have some interest but I may have that wrong.
DAK the process for my realisation of cash or alternative compensation
Just to let you know that I'm as perplexed as you. I have RDI in my AJBell ISA and could well do with the funds for topping up a few holdings.
It's going on for an unusually long time.
Steve
Re: RDI (ex Wichford) to BIDCO
Posted: May 17th, 2021, 12:37 pm
by gnawsome
stevensfo wrote:gnawsome wrote:DAK the process for my realisation of cash or alternative compensation
Just to let you know that I'm as perplexed as you. I have RDI in my AJBell ISA and could well do with the funds for topping up a few holdings.
It's going on for an unusually long time.
Steve
Hi Steve , after ferreting about in an RNS I found something to say the cash would be paid out on 18 May.
That RDI has been bought by Starwood European (I think SWEF) that I already have a bit of. No idea how that will affect me overall. Just expect to have more dry powder in my ISA and no idea how to deploy it.
Re: RDI (ex Wichford) to BIDCO
Posted: May 17th, 2021, 1:07 pm
by stevensfo
gnawsome wrote:stevensfo wrote:gnawsome wrote:DAK the process for my realisation of cash or alternative compensation
Just to let you know that I'm as perplexed as you. I have RDI in my AJBell ISA and could well do with the funds for topping up a few holdings.
It's going on for an unusually long time.
Steve
Hi Steve , after ferreting about in an RNS I found something to say the cash would be paid out on 18 May.
That RDI has been bought by Starwood European (I think SWEF) that I already have a bit of. No idea how that will affect me overall. Just expect to have more dry powder in my ISA and no idea how to deploy it.
I guess it depends on your overall Asset Allocation re. investments. I am under my 10% allocation to Property, so will probably put it in a REIT, but I also have other sectors that need topping up.
What to do?
Steve