Hi all, Iāve been dabbling in some penny shares of which NAPS/Napster was one. Itās just been delisted and no longer appears on my Trading212 dashboard. I have had no communication from either Napster of Trading212 to say what happens next. The dashboard message just says āthe company has been delisted. further informationis to be disclosedā. I believe they are going to relist as part of their parent company in the US. What would happen to the shares I bought in Trading212? Do I lose them or will the auto transfer to the new company/exchange?
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Check the investor relations section of the company website. That should tell you what is happening by default in the market with the delisted shares (cash / new shares on X exchange / combination of both / unlisted).
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Hey, @OneSimon. 
Napster Group PLC (NAPS) was delisted from the LSE on 28.01.2022. We are currently waiting for more details from our intermediary and will update you as soon as there is any news.
Any news? I canāt find anything in investor relations about whatās happening with NAPS shares. Did I just lose my investment?
Weāre still waiting for updates, @OneSimon.
Still waiting or do we know that we can keep them until they re-list?
There arenāt any updates regarding the situation, @Gibas. Once there is any news, Iāll let you know.
Still waiting for any update on this and also on EVE Sleep that has now delisted. Iām a little disappointed that Trading 121 isnāt more proactive on their communications when these things happen. I understand the risk of these type of investments but hearing status updates from you directly would be good.
A quick update - positions with Napster Group PLC (NAPS) were closed yesterday (29.11.2022) at 6.06431132 USD (504.902832 GBX) per share.
Iāve received the second payment from the delisting of the token now. I am aware there is also supposed to be a crypto payment for Napster shareholders.
The lite paper for the crypto token is here. Do you know what the plan is with regards to getting the crypto token?