We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Capita rip off

Is there anyway of claiming my money for shares owned in a company that was taken over without using the Capita Tracing Solutions (rip off) service?

I had shares in Amstrad who were bought out by Sky TV, I dont recall getting the any paper work from Capita registrars about the take over but I was emmigrating to NZ at the time so it is quite possible I over looked it. Now even though I have my share certificate and Capita as registrars know I am entitled to the money and have my address they are telling me I have to put in a claim through their tracing division for which they are going to charge me 15%!

I find this quite unbelievable, is there any way around it?

Comments

  • wookie66
    wookie66 Posts: 130 Forumite
    Tenth Anniversary 10 Posts Combo Breaker Car Insurance Carver!
    Ignore their advice and ring up capita, (020 8639 3399 or 0800 408 1004)explain your situation and they will send you a form to complete the cash for shares offer

    Dont agree to any offer to let capita tracing solutions to carry out this very simple transaction

    I did this recently with BAA share offer and received a cheque withing five days of sending in my share certificate and signed offer acceptance form

    Good luck
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.1K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 602.9K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.