Warning to shareholders

Unsolicited calls to investors

Morgan Sindall Group plc is aware that unsolicited telephone calls or correspondence concerning the investment in shares are being made to some of its shareholders. Morgan Sindall Group plc has not instructed any person or company to contact shareholders on its behalf and advises its shareholders and potential investors to be wary of such phone calls.

What should alarm you

Unsolicited telephone calls or correspondence are typically from overseas based ‘brokers’ who target UK shareholders, offering to sell what often turns out to be worthless or high risk shares. These operations are commonly known as ‘boiler rooms’.

Shareholders should also be wary of ‘advanced fees scams’. Typically a shareholder would receive a call from someone offering to buy his/her shares, usually at a higher price than their market value. The shareholder would also be asked to pay something up front, as a bond or other form of security, which the caller says would be returned if the sale did not go ahead. Once the money is paid by the shareholder, he/she would not hear from the caller again.

What should you do if you receive an unsolicited call

Shareholders are advised to be very wary of any unsolicited advice, offers to buy shares at a discount or to sell shares at a premium or offers of free company reports. If you receive an unsolicited approach:


If you deal with an unauthorised firm, you will not be eligible to receive payment under the Financial Services Compensation Scheme.