As an investor in Hermitage Offshore Services Ltd (HOFSQ), you are probably aware that on the 24th of September, the company was delisted from the NYSE Stock Exchange. The shares are now being traded Over-the-Counter (OTC).
Unfortunately, stocks traded on an OTC market are not permitted to be held in an ISA. We have an obligation to remove any such holdings from ISA accounts (INVEST accounts will not be affected). If you hold such stocks in an ISA and you have not sold it yourself, we will liquidate it on the 27th of November. The proceeds will stay in your ISA, which can be used for reinvestment in the same stock through your Invest account.
As of today, 30th of November (30/11/2020) all ISA positions with Hermitage Offshore Services Ltd (HOFSQ) were closed at the price of 0.03135 USD (reached during the regular trading session on 27.11.) as per the above notice. You'll be able to see the result of the sold share(s) in your results tab.