Selling Shares - Advice Wanted

7 replies
Found 10th Sep 2010
About 20 years ago I was given some shares by my employer, the dividends from which arrive in the form of more shares. I now have a large pile of share certificates and I want to sell the lot.

I've never sold or bought shares before and I have no long-term interest in share dealing. I presume I need to take the certificates somewhere... but where? Is it safe to send the certificates by post? What is the best way to sell these?

  1. Misc
Groups
  1. Misc
7 Comments

Banned

Does your HR know?

Find out through your employer which broker they use, then contact them. It really is that easy.

Have you tried calling the company you have shares in to ask their advice?

Original Poster

Fozzy1957

Find out through your employer which broker they use, then contact them. … Find out through your employer which broker they use, then contact them. It really is that easy.

I left the company 15 years ago and no longer have any contact with them.

Slyman4

Have you tried calling the company you have shares in to ask their advice?

I was hoping that there would be somewhere local that I could take all the certificates to & get a cheque in return. The envelopes are branded Computershare so I shall talk to them later today.

Any stockbroker can help, however it will take probably 7-14 days to check certificates, sell and receive cash. Another place to ask for help would be your bank but they will charge you, as will the stockbroker.

You could go though online brokers like iii.co.uk i think they charge £20 to convert your paper stocks into an online portfolio which you can then buy and sell for £10 a trade at your will (I use iii for my share dealing)

Who are your shares in and how many if you dont mind me asking? as it may be worth checking out LSE.co.uk and checking out the share talk section for your ticker. as you can often get some insights into the share movement and make yourself a bit of money by holding off a little while or similarly selling ASAP

best advice is :contact citizen advice bureau
Post a comment
Avatar
@
    Text
    Top Discussions
    1. Driving anxiety.1518
    2. Marks & Spencer Credit Receipt?65
    3. Toyota verso camera22
    4. Suggest tablet replacement for a Lenovo Yoga 2 8.022

    See more discussions