We are aware that from time to time our shareholders have received unsolicited telephone calls and/or mail which purport to come from Halma or to be authorised by Halma.
We would like to provide reassurance that no employee of Halma would ever contact our shareholders in this way and we would not authorise any other individual or company to do so.
Halma is obliged by law to make its share register publicly available on request and, as a result, it is possible that shareholder address information could be used by third parties to obtain telephone numbers and/or send unsolicited mail.
However, new provisions under the 2006 Companies Act enable us to challenge a request to make the Halma share register available when the reason given for the request is not acceptable to us; we will be taking advantage of these provisions as appropriate.
The practice of Boiler Room fraud has been highlighted by the Financial Conduct Authority (FCA) and the ICSA: The Governance Institute, and their warning notice to shareholders is reproduced below. Our registrars, Computershare Investor Services, also have an informative FAQs section on boiler room scams on their Investor Centre web site: Computershare boiler room scams FAQs.
Details of any sharedealing facilities that the company endorses will be included in company mailings.
Share fraud includes scams where investors are called out of the blue and offered shares that often turn out to be worthless or non-existent, or an inflated price for shares they own. These calls come from fraudsters operating in ‘boiler rooms’ that are mostly based abroad.
While high profits are promised, those who buy or sell shares in this way usually lose their money.
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.
PROTECT YOURSELF
If you are offered unsolicited investment advice, discounted shares, a premium price for shares you own, or free company or research reports, you should take these steps before taking any action:
- Get the name of the person and organisation contacting you.
- Check the FCA Register to ensure they are authorised.
- Use the details on the FCA Register to contact the firm.
- Call the FCA Consumer Helpline on on 0800 111 6768 (freephone) from 8am to 6pm, Monday to Friday (except public holidays) and 9am to 1pm, Saturday (from abroad call +44 20 7066 1000) if there are no contact details on the Register or you are told they are out of date.
If you use an unauthorised firm to buy or sell shares or other investments, you will not have access to the Financial Ombudsman Service or Financial Services Compensation Scheme if things go wrong.
REPORT A SCAM
If you are approached about a share scam you should tell the FCA using the Share Fraud Reporting Form, where you can find out about the latest investment scams. You can also call the FCA Consumer Helpline on 0800 111 6768.
If you have already paid money to share fraudsters you should contact ActionFraud on 0300 123 2040.
More detailed information on this or similar activity can be found on the FCA web site.
