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Elan/perrigo

  • 02-01-2014 11:38am
    #1
    Registered Users, Registered Users 2 Posts: 38


    Although my doormat has been heaving the last few months with documents from élan, I have fairly stuck my head in the sand.

    Received my cash consideration cheque on Tuesday and my share stmt for Perrigo

    Am I right in thinking I can sell my Perrigo shares now through compushare and they'll deduct .5% or a minimum of €50?

    What are others doing?


Comments

  • Registered Users, Registered Users 2 Posts: 437 ✭✭fatalll


    Am i correct in saying Elan is now delisted from stock exchange
    so are all share certs from ELan Null and Void?
    and secondly do we own a number of smaller shares in perrigo


  • Registered Users, Registered Users 2 Posts: 3,552 ✭✭✭Dubh Geannain


    My understanding was that there was a pay out along with some shares offered in Perrigo. I can't remember the proportion. Might have been 1 in 4 or something along those lines.

    I sold out myself at €11.85/€11.90 back last October, delighted with my ROI.

    Edit: I was wrong it was 1 elan share = 0.07636 Perrigo shares. So not even 1 in 10


  • Registered Users, Registered Users 2 Posts: 3,552 ✭✭✭Dubh Geannain


    Sorry, you're also correct. Elan was delisted from the ISE.


  • Registered Users, Registered Users 2 Posts: 437 ✭✭fatalll


    Sorry, you're also correct. Elan was delisted from the ISE.

    thanks


  • Registered Users, Registered Users 2 Posts: 170 ✭✭radiofoot


    Hi All,

    I had some old Elan shares and I have the certs (they weren't held by a broker). I recently received a tax letter from Perigo with Form 1099-B outlining the sales proceeds and withheld US tax but I haven't received a cheque? Does anyone know how I go about getting paid and can the US tax be claimed???

    Thanks...


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  • Registered Users, Registered Users 2 Posts: 2,574 ✭✭✭dharn


    As far as I know capital gains tax will be payable here, tax paid in the us can be offset against this


  • Registered Users, Registered Users 2 Posts: 170 ✭✭radiofoot


    unfortunately, I made a loss on this!


  • Registered Users, Registered Users 2 Posts: 170 ✭✭radiofoot


    If anyone can advise on how best to get the payment, I'd appreciate it.


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