Fractional shares in event of bankrupt

📬 Stocks & ETFs requests
9

Hi @Tony.V,

So, for example, if I hold 1.5 shares from company A, in case of the unlikely event, I would be the owner of 1 share and the remaining (0.5) would have to be compensated equal to the monetary amount?
These compensations would be administered by the Liquidator/Bankruptcy Administrator?
Is this protected by the FSCS (up to £85,000)?

Thanks.