Corporate Financial Adviser and Broker details
Peterhouse Corporate Finance Limited
15 Eldon Street, London, EC2M 7LD, Telephone: +44 207 469 0930
Aspect House, Spencer House, Lancing, West Sussex, BN99 6DA
Tel: 0371 384 2030 or +44 121 415 7047
For any TR1 notifications please contact LB-Shell PLC via the email address shown below:
Understanding share fraud
In recent years, a number of other companies have become aware that their shareholders have received unsolicited phone calls or correspondence concerning investment matters. These are typically from overseas based ‘brokers’ who target UK shareholders, offering to sell them what often turn out to be worthless or high risk shares in US or UK investments. These operations are commonly known as ‘boiler rooms’. These ‘brokers’ can be very persistent and extremely persuasive. We are not aware of any LB-Shell PLC (Formerly Intelligent Energy Holdings PLC) investors having been targeted, but we would urge you to remain vigilant. It is not just the novice investor that has been duped in this way; many of the victims had been successfully investing for several years.
The Financial Conduct Authority (FCA) has found most share fraud victims are experienced investors who lose an average of £20,000, with around £200m lost in the UK each year.
Shareholders are advised to be very wary of any unsolicited advice, offers to buy shares at a discount or offers of free company reports.
If you are contacted
- Make sure you get the correct name of the person and organisation and make a record of any other information they give you. e.g. telephone number, address, web address.
- Check the caller is properly authorised by the FCA before getting involved by visiting www.fca.org.uk/register.
- If the caller persists, hang up and report the matter to the Financial Conduct Authority.
The Financial Conduct Authority
The FCA can be contacted in respect of unauthorised firms by completing an online form available by clicking on the link below, or by calling 0845 606 1234. If you deal with an unauthorised firm, you will not be eligible to receive payment under the Financial Services Compensation Scheme.