selling shares ?

Raggie

ReportInvestor wrote:

If you don't want to join Squaregain (and there's no major reason not to - even for one transaction) then you could sell your shares at any High Street Bank or Nationwide BS.

Nationwide's terms are:
1% of the value of each trade, subject to a minimum of £15 and a maximum of £75.
Call 0131 240 0690 during working hours.

That's more expensive than Squaregain .

It does also depend how the shares are held, if they are in Certficate form or held electronicly in a Nominie account...

Normaly for share save schemes the best bet is to sell them via the share save provider, as these will have the lowest dealing costs.

You can also have them issue share certs or hold them in a nominiee account for you... and then sell the paper or electronic shares at a later date...

From what the OP said this sounds like a US company listed in the US.

When I used to work for a UK company with a Share Save Scheme the US offices could not hold the UK shares but got round this by some means..

I do not know how this works in reverse.

If the share pack the OP receives has offered to provide them with a Sterling Cheque for £45... I would take that option as often trying to save a few pound could cost them a lot more.. in either exhange rate movemnet or share price movements...

Take the money and run.. IMHO....

ReportInvestor

For the record, my quoted post wasn't a reply to the OP but to frankie about his BT shares.

crossleydd42

Only you can decide, but that is why I suggested the 50:50 compromise.