Warning To Shareholders
Boiler Room Scams
Please be aware that a number of Arena Leisure Plc shareholders have recently received unsolicited telephone calls from fraudulent companies offering to buy Arena shares at inflated prices. Arena Leisure Plc would like to remind its shareholders to remain vigilant at all times and be wary of unsolicited advice or offers to buy shares. Please see the warning below for further information on what you should do if you are contacted in this manner.
If you have any queries, please email contactus@arenaleisureplc.com
General Information
Over the last year many 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, or offering to buy their shares at a much higher price than the market value. They can be very persistent and extremely persuasive and a 2006 survey by the Financial Services Authority (FSA) has reported that the average amount lost by investors is around £20,000. 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. Shareholders are advised to be very wary of any unsolicited advice, offers to buy shares at a discount, sell shares at a premium or offers of free reports into the company.
How to protect yourself
- 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, etc
- Check that they are properly authorised by
the FSA before getting involved. You can check at www.fsa.gov.uk/Pages/register
- Inform our Registrar, Capita, who may be
contacted on 0871 664 0300 or at the following address: Capita
Registrars, 34 Beckenham Road, Beckenham, Kent, BR3 4TU
