I have lost track of our 350 Eurotunnel shares. In fact I had neglected to inform the relevant people of a move in 1998. I came across the share certificate recently as I am about to move again. Can you shine some light on their whereabouts and value in order that I can sell them?

SP, Somerset

Originally shares in Eurotunnel were made up of one in the British company Eurotunnel plc and one in the French company Eurotunnel Groupe SA.

In 2007 a new parent company, Groupe Eurotunnel, rescued what was an ailing business and later Eurotunnel plc and Eurotunnel SA became TNU plc and TNU SA. The French arm was quickly absorbed by the new company. For a time TNU plc was kept dormant for shareholders with travel privileges.

Then Groupe Eurotunnel made an offer for TNU plc and shareholders had the option of receiving one new share in Groupe Eurotunnel for every 394 shares held in TNU plc. Under the terms of this deal shareholdings were sold automatically if they were smaller than 394 shares or if Computershare, the registrar at the time, did not receive a valid election from the shareholder by Oct 20 2010. 

Your holding was below the threshold and Computershare sent you the proceeds of the sale of the shares, £5.40, in November 2010.

Now you say you knew the cheque had gone to your old address and you had been told by the present occupant that they had opened it but did not say how much it was for. Your husband went to the house several times to get it, but couldn’t.

The shareholder relations number is 0845 600 6634. Had your shareholding been larger and the share buy-back paperwork not been ignored you could have had a holding in Getlink, the company that manages the Channel Tunnel. Each share now pays dividends and there is the opportunity to sell them.

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