Someone from customer hero mentioned that my initial fund from Livongo shares are automatically returned and the amount shown in history is only the profit from the cash settlement. The return of my initial fund doesnāt have any record so that cause a lot of confusion for me 
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I owned 4 shares, was expecting an return of just over Ā£110 including the cash consideration, and my withdrawal amount was just Ā£3.43, and now a Ā£22 dividend.
I appreciate that itās not a lot of money in the scheme of things, but the only reason I had resisted selling it in mid October was because of this. Iām wondering if Iāve missed something. Did they revise their cash consideration down from $11.33? Was TDOC down when the LVGO shares where sold? Or have I just made an stupid error?
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Had Ā£76.42 withdrawn from my account (Acquired by Teledoc Health, Inc). Then paid a dividend of Ā£76.41. Bit confusedā¦
Hello @Saad,
The transaction shows the result from the position as the initially invested funds are automatically freed back to the account.
Have in mind that the cash consideration was split into parts as the notification describes( $7.09 as a dividend, paid separately and, $4.24 as cash. ). Also, the closing price of the LVGO shares is based on the market sale of the equivalent 0.5920 TDOC shares and their achieved market price, hence the difference from the last closing price of LVGO.
Hello @ewdennis,
The cash consideration does bulk up to 11.33 - part $4.24 paid as a part of the deal and $7.09 paid as a dividend.
TDOC shares were sold at the market on 3rd of November soon after US market open (The day after we received them from the intermediary, i.e. the shares were sold as soon as practicable)
The cash consideration was split in parts - one part was included in the deal (the exchange of stocks and cash as per the deal terms), while the other was meant to be paid as a dividend.
Hey Peter sorry for the 5 million questions from us! Just so I know, does this mean that we were credited the value of 0.59 TDOC shares rather than given the actual share? Is there a reason for this? I would have thought that the process would be the same as last time where only the fractional bit would be sold. So if I had 2 shares of LVGO, 0.18 would be sold and Iād be given 1 TDOC. Is this not the case?
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Hello @Redwan,
Unfortunately, we are not yet able to transfer another stock, from the one you currently own, meaning that the only possible solution would be to provide you with the cash equivalent of the TDOC shares.
Hope everyone reinvested into TDOC. I bought a few extra and have almost covered the loss now
Why didnāt Trading 212 notify that the shares of Livongo would be liquidated? If I had been notified of this I would have sold my position in Livongo before the merging of there companies.
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Thanks for your reply, and I appreciate thereās now quite a lot of questions regarding this.
Has the $4.24 per-share been paid yet? Itās just that Iām still struggling to understand just how this has been done and replicate the maths for myself. All I seem to have gained from this is a return close to my original investment and an Ā£22 dividend.
In similar situations in the future would it be possible to send out a notification ahead of time explaining how it will be handled, so that we might have a chance to do whatās most profitable. LVGO was only a bit of a punt this time, but next time it could be something a bit more significant.
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I along with what (seems like) everyone here also have questions. Hereās my beef, I was under the understanding that the Teledoc share price at the time of the dealā¦which was $238.17/share, was the price weād recād as our 0.592 split share price. Example, I had (20) Livongo shares x 0.592 equals 11.84 shares (not sure if they compile using the .84 or just round it back to 11 shares. Anyhow, 11 shares of Teledoc @ $238.17/share price = $2619.87 + the cash piece ($11.33 per share). Which obviously has changed based on explanations giving in this thread. I was unaware of the $7.09 dividend and the $4.24 pieceā¦still not fully understanding that. So I should have recād around $3000, instead my account was sitting at around $2200, CONFUSED!
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Hello,
I had 8 shares of LVGO before the merger (and have also TDOC).
When I go to the history I only see a deposit of 328.12$ (Nov. 3) and the 56.72$ dividend (Nov. 4).
Can you please check what is missing?
If I knew that the positions would be closed instead of being converted to TDOC I would have closed them my self at 140$.
You should have notified your customers that the positions world be closed instead of being converted.
Iām sorry but it seems like this has been rookie-sh handled with all your LVGO holding customers being grilled without good reason.
Awaiting some feedback
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Well my one Livongo share have Disappeared altogether , got paid the dividend Ā£5.49 and teledoc withdrew Ā£18 from my account ! Whatās all that about ??
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This is what I mean. Im just so pissed off by them not notifying us on time about this and theyāve taken all the profit by selling all our stock at $140???
Why are there withdrawals by teladoc on our accounts??
I have checked my account in detail over the weekend and I can confirm that the proceeds from the Livongo sale that T212 has provided are substantially less than the proceeds one would have received based on the closing price of $118 and change being quoted - I had already raised questions with customer support on Friday yet no answers where the outstanding /residual proceeds have disappeared ! Quite frustrating !!!
@PeterA have u investigated what has happened with T212ās Livongo proceeds processing by T212 - looks like it is not just me but several others who have the same issue!
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Hello @ewdennis,
Yes, it has been paid. When closure of positions is executed, the system automatically frees the initially invested capital in your positions (not visible as a transaction) and credits/deducts the profit/loss from the position as a transaction based on the closing price.
In this case, the closing price was constructed from the sale price of 0.5920 TDOC shares ( sold @ $192.62 for 1 TDOC on 3rd of November soon after market open and a cash addition of $4.24 resulting in 118.27 per LVGO share.
Later a dividend of $7.29 was distributed, again for each LVGO share.
Hello @Yura,
As the owner of the positions, you are solely responsible for staying up to date with the corporate events and specifics around the stocks you own. We always strive to act in the users best interest when reflecting such corporate events.
Please see the post above for further details on the execution: