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AMC vote and APE that have moved out from ISA account


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HI, 

Please if any IG supporting staff can answer the questions below?

1. in the upcoming AMC/APE vote on 14 March 2023, can shareholder that hold AMC and APE at IG able to make a vote? I also have AMC and APE at IBKR and they did send out a notification to inform me that I can do proxy vote. Will IG do the same?

2. the upcoming vote is to determine APE covert back to AMC then do reverse spilt. Last year after APE issued, IG staff told me that they have to move APE to share dealing account from my ISA account as ISA is not eligible to hold APE (which is completely unbelivable, my APE at AJ Bell and HL are still sitting in ISA account). Anyway, if the conversion and reverse spilt is going to happen, will IG move my APE back to ISA account for the corporate action?

Many Thanks

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On 04/02/2023 at 23:40, chsiao1118 said:

HI, 

Please if any IG supporting staff can answer the questions below?

1. in the upcoming AMC/APE vote on 14 March 2023, can shareholder that hold AMC and APE at IG able to make a vote? I also have AMC and APE at IBKR and they did send out a notification to inform me that I can do proxy vote. Will IG do the same?

2. the upcoming vote is to determine APE covert back to AMC then do reverse spilt. Last year after APE issued, IG staff told me that they have to move APE to share dealing account from my ISA account as ISA is not eligible to hold APE (which is completely unbelivable, my APE at AJ Bell and HL are still sitting in ISA account). Anyway, if the conversion and reverse spilt is going to happen, will IG move my APE back to ISA account for the corporate action?

Many Thanks

Hi @chsiao1118

We offer these services. Click on the below link for further information:

https://www.ig.com/uk/help-and-support/corporate-events-and-dealing/corporate-action-events/do-you-offer-proxy-voting

If a stock gains the status of ISA eligibility, IG will not return the shares back to ISA account. The client can request a Bed & ISA to transfer the holding from the share dealing account to the ISA. 

All the best, OfentseIG

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