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Delisted holdings

Investments become delisted when they are removed from a stock exchange. This can happen for reasons like:

• Privatisation
• Liquidation (or administration)
• Merged or acquired by another company
• Failed to meet listing requirement

How to handle delisted holding in Sharesight

Do you still need it?

Before updating, decide if you still need it in your portfolio. You might want to keep them in your portfolio for two reasons:

• You need it for tax reporting
• You want to track a complete historical return

If the answers to all the above are no, you can delete the holding from the portfolio.

How to adjust

If you decide to track them in your portfolio. The next steps is to work out what did you receive as a result of the delisting.

In most cases, there are only three scenarios:

You received a cash payment This is common when the stocks get privatised or acquired by another company. Add a sell trade at the offered price to close off the position of the delisted holdings.

You received a share of a new company: This happens when it gets acquired by another company. Use a merge feature to convert you delisted stock to the new Stock.

You received a combination of both cash payment and shares of a new stock: Add a 'Return of Capital' trade for the cash portion.

Then use the merge feature to convert your holding to the acquiring company at the announced ratio.

You do not receive anything: This happens when the business when into administration or liquidation. Add a sell trade (at price = $0) to close off the position and claim a loss on the delisted stock.

######The guide above is a suggestion on how to handle the corporate action in Sharesight and is not finance or tax advice. We advise you to consult your financial advisor or accountant. We also encourage you to review the official Documents for full details*.