egg Plc delisted from LSE

[tonyjai]

I have chosen my coursework based on egg plc to write a report suggesting to buy,sell or hold shares in eggs. but, now egg has been completely brought over by prudential group. egg does not longer trade on hte FTSE 250. so my question is, if i was a share holder of egg and i did not take their offer to buy my shares at 118pence, what would happen to my shares? who would buy them after the delisting date? thanks

 

[barjon]

the pru are obliged to buy them from you at the offer price

 

[tonyjai]

thanks barjon! so, what if the pru offer a ridicilious offer price, then what? i got shouted at by tutor for finding out that egg been delisted so late...lol.

also, can i refuse to sell my egg shares back to pru.......