How to sell unlisted shares

Does anyone on this forum know how to sell unlisted shares - I have some shares which I bought as part of a SIPP and now I wish to divest them - I am looking for a private investor or someone who knows how to sell shares - the company who issued the shares do not wish to purchase them at this time

Thanks:j

Comments

  • PZH
    PZH Posts: 1,599 Forumite
    Part of the Furniture Combo Breaker
    Think you'd be better asking on the Savings & Investments Board
    “That old law about 'an eye for an eye' leaves everybody blind. The time is always right to do the right thing.”
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    Are they worth anything? Are they listed on the AIM market?

    How are you going to value them, this will need to be done on a matched basis, which will be hard if no one makes a market in them.

    Do you have a copy of their accounts?

    Your best bet will be directors, employees or family members (if a family business). Ask the company if anyone is interested (you do own a bit of it so they should at least try to help).
  • paddyrg
    paddyrg Posts: 13,543 Forumite
    Have a look at the M&A as to how they can be sold - sometimes it has to be approved by/back to the company/director.
  • squeaky
    squeaky Posts: 14,129 Forumite
    10,000 Posts Combo Breaker
    Hi,

    I'll move this post across for you.

    Good luck :)


    Forum_Team wrote:
    Hi, Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere (please see this rule) so this post/thread has been moved to another board, where it should get more replies. If you have any questions about this policy please email [EMAIL="forumteam@moneysavingexpert.com"]forumteam@moneysavingexpert.com[/EMAIL].
    Hi, I'm a Board Guide on the Old Style and the Consumer Rights boards which means I'm a volunteer to help the boards run smoothly and can move and merge posts there. Board guides are not moderators and don't read every post. If you spot an inappropriate or illegal post then please report it to forumteam@moneysavingexpert.com. It is not part of my role to deal with reportable posts. Any views are mine and are not the official line of MoneySavingExpert.
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  • Equaliser123
    Equaliser123 Posts: 3,404 Forumite
    If it is a minority shareholding, is there a shareholders agreement? More detail is needed.
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