As an investor in Lilis Energy Inc. (LLEXQ), you are probably aware that on the 30th of June, the company was delisted from NYSE. The shares are now being traded Over-the-Counter (OTC). We do not provide access as a rule to OTC stocks, which are not permissible on an ISA. We will liquidate the ISA positions with the instrument tomorrow, the 27th of November.
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 Lilis Energy Inc. (LLEXQ) were closed at the price of 0.01561 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.
