Eurotunnel shares - what to do?

pmd

We've got 100 Eurotunnel shares (OK, a mistake!). Currently worth about £25. We're fed up of the bulk of paperwork they keep sending us (such a waste of trees), we haven't got enough to have any travel privileges, and we'd would like to dispose of the shares.

Is there a way we can give them to charity or otherwise dispose of them without the value getting eaten up by dealing costs? ie What's the best way to get rid of them? Wouldn't mind making the whole value a donation to charity, but *would* mind most of the value going in dealing costs. (Not a higher rate income tax payer, nor CGT payer, so not bothered about complex tax implications).

Any ideas?

Pam

ReportInvestor

The Charities Aid Foundation has some ideas that could help you.

Three ways to give shares to charity

pmd

The information from Charities Aid Foundation all seems more relevant to people wanting to give serious amounts of shares.

BUT I have now found out about https://www.sharegift.uk , a charity which exists solely to handle giving small quantities of shares to charities. Seems a good idea, for anyone charitably minded and wanting to tidy up their finances by disposing helpfully of small holdings of shares. You can't specify just which charity ... but they are "guided" by choices of charities specified by donors. And I've just looked at their report on the Charities Commission web site - they've passed money on to hundreds of obscure little charities, but big chunks going to Oxfam etc too.

Not exactly Money Saving... but I'd rather that the value of the shares goes to a charity rather than get peanuts for them myself and see most of the value go in commission. And I'm trying to declutter by closing various minor accounts with smallish sums of money ... except for the last of my 6 x £100 building soc accounts opened in 1994, which now has £135 and might yet demutualise. (I disapprove of demutualisation, and would vote against - but want to be in there with a share of it if it does go that way like the other 5 have!)