Share fraud advice
Important information for Renishaw shareholders in the UK
Unsolicited investment calls
Renishaw has received reports that our shareholders have received unsolicited calls from overseas firms offering to purchase their shares for a price in excess of the current market price in order to mount a hostile takeover bid.
Please be aware that this is likely to be a scam, with the intention of obtaining payment from shareholders of a bond or legal fee in order to secure the share transaction, which never materialises or obtaining an option to purchase shares with no fixed transfer date.
There are other types of share fraud or “boiler room scams” and therefore if you receive any unsolicited investment advice the Financial Conduct Authority (FCA) advises:
- Make sure you get the correct name of the person and organisation and make a record of any other information they give.
- Check that they are properly authorised by the FCA before getting involved by visiting www.fca.org.uk/register and contacting the firm using the details on the register.
- The FCA also maintains a list of unauthorised overseas firms who are targeting or have targeted UK investors and any approach from such firms should be reported to the FCA so that the information can be kept updated, see www.fca.org.uk/consumers/unauthorised-firms-individuals.
- Report the matter to the FCA on their consumer helpline 0800 111 6768 or use the share fraud reporting form on the FCA website (search for “share fraud” to find the relevant pages).
- You could also contact the police via the national fraud reporting centre Action Fraud on 0300 123 2040 or their online fraud reporting tool at www.actionfraud.police.uk/report_fraud. Action Fraud will be particularly interested if you sent money to a bank account or other type of money transfer.