I have received an offer to sell my nib shares. Is this offer from nib? What should I do?
nib is aware that from time-to-time, shareholders may receive unsolicited offers to purchase their shares from companies such as Direct Share Purchasing Corporation Pty Limited, National Exchange Pty Limited, Australian and New Zealand Exchange Pty Limited, Share Buyback Group Pty Limited and Hassle Free Share Sales Pty Limited. These offers tend to be either:
- Offers below market value; or
- Offers above market value, but paid out over a number of years.
nib does not endorse any unsolicited offer from these or any other company, and strongly recommends that nib shareholders seek their own independent advice before making a decision whether to accept an unsolicited offer to acquire nib shares.
Who are Share Buying Group and Hassle Free Share Sales?
Share Buying Group and Hassle Free Share Sales are companies that have previously made unsolicited offers to shareholders of other listed companies.
These offers are not from nib. nib does not endorse any unsolicited offer from these or any other company, and strongly recommends that nib shareholders seek their own independent advice before making a decision whether to accept an unsolicited offer to acquire nib shares.
What does nib recommend I do if I receive an offer from Share Buying Group or Hassle Free Share Sales?
nib cannot provide investment advice to shareholders. However, nib does not endorse any unsolicited offer by Share Buying Group, Hassle Free Share Sales or any other company to buy shares from its shareholders.
nib recommends shareholders who receive an offer from Share Buying Group, Hassle Free Share Sales or any unsolicited offer for nib shares, should read the documentation carefully and seek independent financial advice.
How did Share Buying Group and Hassle Free Share Sales get my details?
Share Buying Group and Hassle Free Share Sales got your details from nib's share register.
These offers are not from nib. nib does not endorse any unsolicited offer from these or any other company, and strongly recommends that nib shareholders seek their own independent advice before making a decision whether to accept an unsolicited offer to acquire nib shares.
Why did nib give my details to Share Buying Group and Hassle Free Share Sales?
Like all companies, nib is required by law to provide a copy of its share register to anyone who requests a copy and pays a prescribed fee. The information is restricted to the shareholder's name, address, the number of shares held and the date of acquisition. Other sensitive personal information such as a shareholder's Shareholder Reference Number or Holder Identification Number, bank account details, Tax File Number, and dividend payments are not disclosed or made available.
These offers are not from nib. nib does not endorse any unsolicited offer from these or any other company, and strongly recommends that nib shareholders seek their own independent advice before making a decision whether to accept an unsolicited offer to acquire nib shares.
What should I do if I want to sell my nib shares?
If you would like to sell your shares for any reason, nib suggests you contact your stockbroker. If you do not have a stockbroker, information on how to get in touch with one is available from the Australian Securities Exchange's Customer Service Centre on 131 279.
Recent unsolicited offers
Hassle Free Share Sales Pty Ltd - February 2010
nib has alerted its shareholders that they may receive an unsolicited offer for their nib shares from Hassle Free Share Sales Pty Ltd. Click here to read more.