Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

    Old Halifax Shares - pre demutualisation - gone for ever?
    • #1
    • 8th Jun 11, 9:05 PM
    Old Halifax Shares - pre demutualisation - gone for ever? 8th Jun 11 at 9:05 PM
    When the halifax was demutualised in 97 (I think), I got some windfall shares. For a while I got a dividend which then stopped. I believe Halifax was taken over and the shares became HBOS ones - I believe there was a further takeover by Lloyds!

    I have no paperwork for these shares as I have moved a few times (thats if I had any proper paperwork to begin with).

    Are these shares still likely to exist? If so where and under what name and are they worth anything?

    I read there was also possible a time limit on these - is this true?

    Thanks for any help!!!
Page 1
  • Jammy dodger
    • #2
    • 29th Aug 11, 4:05 PM
    • #2
    • 29th Aug 11, 4:05 PM
    Unless you've sold the shares, they will indeed still exist, as Lloyds Banking Group Ordinary shares (ISIN GB0008706128). The only time limit related to actually claiming the shares in 1997. Since you did, they'll be out there somewhere!

    However, your holding will not only have decreased in number since 1997 (if you held the basic free distribution of 200 Halifax plc shares, they would have been restructured to 116 Lloyds shares), but more significantly in value. The share price for Lloyds is around 30p per share at the moment. Shares in banks have taken a battering generally in the last 4 years, and former building societies who chose to demutualise in the 1990s, have fared worst of all. Dividends won't have been paid on these shares since May 2008.

    In terms of where the shares are held, Equiniti Ltd (0871 384 2990)
    are the Registrars for Lloyds Banking Group, so they're probably your best bet. If you opted to hold your shares in the company nominee account, they could be with Halifax Share Dealing Ltd (08457 22 55 25)
    • nearlyrich
    • By nearlyrich 29th Aug 11, 4:15 PM
    • 13,061 Posts
    • 15,778 Thanks
    • #3
    • 29th Aug 11, 4:15 PM
    • #3
    • 29th Aug 11, 4:15 PM
    I had 3000 in HBOS Shares which I sold just before they crashed I think they would be worth about 60 to 70 now .....
    NEW to the Forum? I'm the Board Guide on
    Debt-Free Wannabe

    I can move and change posts but I don't have time to read everything. If you spot a reportable post please use the button below.

    Any views are mine and not the official line of
    Free impartial debt advice from: National Debtline or Stepchange
Welcome to our new Forum!

Our aim's to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,416Posts Today

7,045Users online

Martin's Twitter