Asset reunification
Jardine Lloyd Thompson Group plc tracing programme with ProSearch
In 2019, the Marsh McLennan Group acquired JLT Group Holdings Limited (formerly Jardine Lloyd Thompson Group plc) and paid shareholders a cash consideration of £19.15 per ordinary share. A number of former shareholders have not cashed their cash entitlement cheque that was issued in April 2019, resulting from the acquisition.
JLT Group Holdings Limited have launched a tracing programme in partnership with ProSearch Asset Solutions (ProSearch) with the aim of 'lost' former shareholders or their estates with outstanding cash entitlements.
Why is this entitlement due?
Cheque(s) have been issued that may have been returned undelivered and/or remain uncashed.
There are various reasons why cash entitlements may not have been cashed by shareholders. The most common reasons are:
- Shareholder not notifying the Registrar of a change of address; or
- Beneficiaries or executors of an estate not being aware of the holding.
- Shareholders who simply forget about or are uncertain about their shareholdings.
JLT Group Holdings Limited have instructed ProSearch to try to find and assist former shareholders or their legal representatives with the repatriation of lost amounts to which they may be entitled.
Who are ProSearch?
ProSearch is a member of the Equiniti Group, which includes our Registrar, Equiniti Limited. ProSearch specialises in the research, identification and the reuniting of assets. ProSearch has over 30 years of experience in the provision of Asset Reunification solutions and has worked with many FTSE 100 and 250 companies on similar projects.
What should you do if you have received a Validation Form?
ProSearch will only send a Validation Form to an address at which they are reasonably certain that the shareholder, or their legal representative, now resides.
The form is designed to make the recovery of entitlements as easy as possible. Please follow the instructions provided and return the signed and dated form (along with any necessary documents) to ProSearch in the reply-paid envelope provided.
How to contact ProSearch?
Telephone
You can call their helpline on 0371 384 2767 (or +44 (0)371 384 2767 from outside the UK). The lines are open from 8.30am to 5.30pm Monday to Friday (excluding UK public holidays in England and Wales). Calls may be recorded for quality and security purposes.
Website
Address
ProSearch, Sutherland House, Russell Way, Crawley, West Sussex, RH10 1UH.
ProSearch Asset Solutions Limited is registered in England and Wales number 2158381 and is a member of the Equiniti Group. Registered Office: Aspect House, Spencer Road, Lancing, West Sussex, United Kingdom BN99 6DA.