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RDI (ex Wichford) to BIDCO

gnawsome
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RDI (ex Wichford) to BIDCO

#411093

Postby gnawsome » May 11th, 2021, 4:30 pm

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

stevensfo
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Re: RDI (ex Wichford) to BIDCO

#412671

Postby stevensfo » May 17th, 2021, 11:12 am

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

gnawsome
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Re: RDI (ex Wichford) to BIDCO

#412702

Postby gnawsome » May 17th, 2021, 12:37 pm

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.

stevensfo
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Re: RDI (ex Wichford) to BIDCO

#412710

Postby stevensfo » May 17th, 2021, 1:07 pm

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


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