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I sold Debenhams shares on the 8th of April and they got delisted on the 10th. I understand that there is a T+2 settlement period but in this case they fell on the same day.

Is there a procedure to follow and will I still receive cash regardless of what happens with the company?

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  • Have you confirmed your trade actually didn't settle? Do you still have those shares in your account?
    – The Photon
    May 9, 2019 at 19:01

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If you sold the shares then the delisting has no effect on you. That problem belongs to the guy who bought the shares.

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    I think OP may not understand that shares of unlisted companies don't disappear. They are naturally a lot less liquid, but still represent the same ownership fraction as they ever did.
    – Ben Voigt
    May 9, 2019 at 3:03

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