We have temporarily paused Octopus Inheritance Tax Service applications and withdrawals for an expected period of up to six to eight weeks.
Fern Trading, the underlying trading company in which OITS investors hold shares, is currently progressing a potential transaction involving part of its portfolio. As this process could materially affect Fern’s value, it is not currently possible to determine a fair and reliable share price.
The temporary pause only affects our OITS product, and is intended to ensure that investors do not buy or sell shares at a price that may not accurately reflect their true value, while potentially price-sensitive information remains uncertain.
Fern’s underlying businesses will continue to operate as normal during this period, and Business Relief qualification is unaffected. We will provide a further update as soon as there is sufficient clarity and will resume trading when we are confident the share price fairly reflects the latest available information.
If you have any questions, please contact the communications team at [email protected]