Sodastream shares

[Guest ben91]

Hi,

Does anyone know what is going on with sodastream? I have a position that can't be sold, IG just tells me to wait until further notice. I'ts been a year since sodastream was acquired by pepsico. 

Thanks,

Ben

[CharlotteIG]

@ben91, I hope you're well. 

After speaking with our corporate actions team they said that the conditions of the takeover was cash for any SodaStream shareholders. This amount is still pending. Once the company announce how much they're giving to shareholders and distribute the funds to IG we will be able to remove the shares for your portfolio and allocate the funds. 

We do apologise for the delay but IG are not able to do anything until the company announce and pay us. 

All the best

[CharlotteIG]

4 hours ago, ben91 said:

Hi,

Does anyone know what is going on with sodastream? I have a position that can't be sold, IG just tells me to wait until further notice. I'ts been a year since sodastream was acquired by pepsico. 

Thanks,

Ben

Hey @ben91 thanks for your feedback message. 

I've just spoken with our corporate actions team and will have an update by this afternoon hopefully. I will post as soon as I hear back from them. 

Thanks for your patience with this incident. 

[CharlotteIG]

Hey@ben91,

Our corporate actions team have now sent out an email regarding the outcome of SodaStream to all clients who were invested in it. 

Let me know if you have any questions