Some time ago, we issued a warning to shareholders regarding "Boiler Room Scams". The problem seemed to go away for a little while, but in recent months it has again become prevalent. So much so that the Financial Services Authority (FSA) and the Institute of Chartered Secretaries and Administrators (ICSA) have suggested that UK listed companies help to protect their shareholders by issuing a warning about the scam.
"Boiler Rooms" are high pressure sales firms, often based overseas, that target investors by illegally offering them non-tradable, overpriced or even non-existent shares. Boiler Rooms usually target existing shareholders by legally obtaining a Company’s list of shareholders.
Please be aware that this could happen to you.
If you receive any unsolicited investment advice regarding your KCOM shares:
Trade time: 10:39 BST
“Emphasis turns to growth in each of our brands and we have a clear vision of where we and the Group want to be”
Bill Halbert Executive Chairman
Years of service to businesses and public
Total employees within the KCOM Group