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  • FIRST POST
    • helsbells17
    • By helsbells17 5th Feb 18, 7:46 PM
    • 19Posts
    • 4Thanks
    helsbells17
    Sharelink
    • #1
    • 5th Feb 18, 7:46 PM
    Sharelink 5th Feb 18 at 7:46 PM
    Hello, I'm trying to trace shares purchased through Sharelink in about 1988 by my partner's deceased father. As far as we know he never sold the shares but we're wondering who now deals with shares bought through Sharelink?? Thanks
Page 1
    • grey gym sock
    • By grey gym sock 6th Feb 18, 3:11 AM
    • 4,178 Posts
    • 3,686 Thanks
    grey gym sock
    • #2
    • 6th Feb 18, 3:11 AM
    • #2
    • 6th Feb 18, 3:11 AM
    were the shares bought as certificates, or held in a nominee account run by sharelink?

    if it was certificates, then you can ignore sharelink, and (if any certificate is lost) ask the current registrar of the company the shares are in (if it still exists - or any successor company) whether he's still recorded as a shareholder.

    if it was a sharelink nominee account, then a quick websearch suggests that sharelink was taken over by charles schwab in 1995, and schwab went on to sell their UK stockbroking business to barclays in 2003. so any nominee account might have ended up with barclays stockbrokers (which still exists).

    either way, if the investment continued to exist, you'd expect there to be some postal communications from either the company registar or barclays stockbrokers. unless the shareholder moved house and they never had his new address.
    • helsbells17
    • By helsbells17 6th Feb 18, 12:24 PM
    • 19 Posts
    • 4 Thanks
    helsbells17
    • #3
    • 6th Feb 18, 12:24 PM
    • #3
    • 6th Feb 18, 12:24 PM
    were the shares bought as certificates, or held in a nominee account run by sharelink?

    if it was certificates, then you can ignore sharelink, and (if any certificate is lost) ask the current registrar of the company the shares are in (if it still exists - or any successor company) whether he's still recorded as a shareholder.

    if it was a sharelink nominee account, then a quick websearch suggests that sharelink was taken over by charles schwab in 1995, and schwab went on to sell their UK stockbroking business to barclays in 2003. so any nominee account might have ended up with barclays stockbrokers (which still exists).

    either way, if the investment continued to exist, you'd expect there to be some postal communications from either the company registar or barclays stockbrokers. unless the shareholder moved house and they never had his new address.
    Originally posted by grey gym sock
    Thank you very much for your reply

    The only documents we have are 'Contract Note and Tax Invoices' so I'm unsure as to the answer to your question! Unfortunately I have absolutely no knowledge of share dealing!

    I'd got as far as you and ended up working out that Barclays took over Schwab who took over Sharelink but two calls to Barclays have drawn a blank.

    He passed away suddenly in 1990 so we have no idea whether any correspondence was sent to his address since he purchased the shares.

    I've tried contacting Equiniti but am struggling with the fact that it's hard to find out who is the registrar for the different companies, and also when companies have been merged/taken over it's even harder!

    Any further thoughts very much appreciated!
    • eskbanker
    • By eskbanker 6th Feb 18, 1:12 PM
    • 6,234 Posts
    • 6,330 Thanks
    eskbanker
    • #4
    • 6th Feb 18, 1:12 PM
    • #4
    • 6th Feb 18, 1:12 PM
    I've tried contacting Equiniti but am struggling with the fact that it's hard to find out who is the registrar for the different companies, and also when companies have been merged/taken over it's even harder!

    Any further thoughts very much appreciated!
    Originally posted by helsbells17
    There are many resourceful and knowledgeable folk on here who will often be able to help in situations like this, but you'd obviously need to name the companies you're referring to!
    • helsbells17
    • By helsbells17 6th Feb 18, 7:47 PM
    • 19 Posts
    • 4 Thanks
    helsbells17
    • #5
    • 6th Feb 18, 7:47 PM
    • #5
    • 6th Feb 18, 7:47 PM
    There are many resourceful and knowledgeable folk on here who will often be able to help in situations like this, but you'd obviously need to name the companies you're referring to!
    Originally posted by eskbanker
    Good point

    The companies are Hanson, Tarmac, Jaguar and someone called Raglan Property, who I've been unable to work out if they even still exist!

    I've contacted Equiniti about Hanson, and also mentioned the Jaguar shares as I know they're now owned by Tata. Tarmac/Lafarge are the ones I'm not sure of.
    • EdGasketTheSecond
    • By EdGasketTheSecond 6th Feb 18, 9:57 PM
    • 429 Posts
    • 236 Thanks
    EdGasketTheSecond
    • #6
    • 6th Feb 18, 9:57 PM
    • #6
    • 6th Feb 18, 9:57 PM
    I used to deal with Sharelink and it was all certificated back in those days. If you can't find the share certificates then he may have sold them anyway. However ask each company registrar if your father is listed as a shareholder. Also if he still is then post should have been coming regularly like reports and accounts and dividend cheques. If none of that is there also then he may well have sold them on.
    • helsbells17
    • By helsbells17 6th Feb 18, 10:13 PM
    • 19 Posts
    • 4 Thanks
    helsbells17
    • #7
    • 6th Feb 18, 10:13 PM
    • #7
    • 6th Feb 18, 10:13 PM
    I used to deal with Sharelink and it was all certificated back in those days. If you can't find the share certificates then he may have sold them anyway. However ask each company registrar if your father is listed as a shareholder. Also if he still is then post should have been coming regularly like reports and accounts and dividend cheques. If none of that is there also then he may well have sold them on.
    Originally posted by EdGasketTheSecond
    Part of the difficulty is that he died in 1990 just two years after buying the shares, and his house was sold, so any relevant post would not have reached the family.
    • jscol
    • By jscol 7th Feb 18, 6:39 AM
    • 24 Posts
    • 3 Thanks
    jscol
    • #8
    • 7th Feb 18, 6:39 AM
    • #8
    • 7th Feb 18, 6:39 AM
    Did Tarmac not become Carillion ?
    • jscol
    • By jscol 7th Feb 18, 6:45 AM
    • 24 Posts
    • 3 Thanks
    jscol
    • #9
    • 7th Feb 18, 6:45 AM
    • #9
    • 7th Feb 18, 6:45 AM
    In 1999 Tarmac demerged into Tarmac and Carillion.
    • greenglide
    • By greenglide 7th Feb 18, 10:52 AM
    • 3,007 Posts
    • 1,946 Thanks
    greenglide
    I thought that Lafarge and Tarmac (at least part of it) had merged, became Lafarge Tarmac before becoming Tarmac Holdings.

    Is Tarmac Holdings not a subsidiary of CRH PLC along with most of the other Tarmac and Lafarge companies?
    • helsbells17
    • By helsbells17 7th Feb 18, 1:59 PM
    • 19 Posts
    • 4 Thanks
    helsbells17
    I've just emailed CRH Investor Relations to see if they can point me in the right direction. Same with Jaguar.
    Thanks for your help
    • grey gym sock
    • By grey gym sock 7th Feb 18, 4:25 PM
    • 4,178 Posts
    • 3,686 Thanks
    grey gym sock
    hanson was a conglomerate that was split up into 4 separate companies in 1996. shareholders in hanson at that point also received shares in 3 new companies: imperial tobacco, the energy group, and millennium chemicals. see https://en.wikipedia.org/wiki/Hanson_(company)

    imperial tobacco has been renamed imperial brands, and is still a listed share. the other 3 companies have since been taken over (according to wikipedia, anyway).

    i'm not sure if there's a time limit on claiming cash from take-overs which happened some time ago. perhaps the simpler avenue to start with is asking imperial brands' registrar if he's on the share register.

    raglan properties seems to have been taken over in 2000. see https://www.investegate.co.uk/raglan-properties--rgln-/rns/compulsory-acqn-of-shares/200008231150348667P/
    Last edited by grey gym sock; 07-02-2018 at 4:28 PM.
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