Royal Mail Shares

I_have_spoken

Target of £6.50 in a bidding war? :beer:

gevans35

Tom2023 wrote: »

I don't want to mess up the x-o Crest Transfer form, could someone check how far I have got and advise me where I have gone wrong or not filled it in.

Consideration Money No idea

Name of Undertaking No idea

Description of Security Royal Mail plc

Amount of shares or other security in words Two Hundred and twentyseven

Figures 227


Name(s) of registered holder(s) should be given in full: the address should be given where there is only holder.

If the transfer is not made by the registered holder(s) insert also the name(s) and capacity (e.g. executor(s) of the person(s) making the transfer

In the name(s) of My name and address

Designation (if any) No idea

Balance certificate(s) required No idea


Sign Here Please
I/We hereby transfer the above security out of the name(s) aforesaid into the name(s) of the system-member set out below and request that the necessary entries be made in the undertaking's own register of members. Signature(s) of transferor(s)

1. No idea

2. No idea

3. No idea

4. No idea


A body corporate should execute this transfer under its common seal or otherwise in accordance with applicable statutory requirements

Instructions are on "How to use X-O" - 5.

You need to complete a transfer form for each holding and then return to us at X-O.co.uk, Jarvis Investment Management Ltd, 78 Mount Ephraim, Tunbridge Wells, Kent TN48BS together with your valid share certificates (these must be in your name). Please make sure you fill in the following details – “Name of Undertaking” - The Company Name (i.e. Barclays or Vodafone); “Description of Security” – Security Description (i.e. ORD GBP1 or ORD USD0.10); “Words” - Number of Shares in Words; “Figures” - Number of Shares in Figures; “In the name(s) of” – Please enter your FULL name and address, exactly as it appears on your certificate; “Please Sign Here” – All of the registered holders of the certificate need to Sign the Form.You can leave the rest of the form as it is and we will take care of the rest. Remember to return your certificate with the transfer form.

sabretoothtigger

I_have_spoken wrote: »

Target of £6.50 in a bidding war? :beer:

6.99 was said already as a top estimate, its possible but why are letters a hot stock. Not sure, I think price goes down before up

Colin297

I have the share certificate.

I'm going to send my certificate with the completely "sell form" tomorrow. Do i need to send a fee or will this just be taken out of my monies?

Thrugelmir

I_have_spoken wrote: »

Target of £6.50 in a bidding war? :beer:

Better value in other postal /parcel delivery services.

sharpharp

Got the x-o crest form almost filled in,

What do you put in the "Description of Security" section?

On the x-o help it says: Security Description (i.e. ORD GBP1 or ORD USD0.10);

So, as they are ordinary 1p each, do you put ORD GBP0.01 or what?

danfearn77

Hi everyone.

Thanks for some good input. I've trawled through so many pages and I think I can grasp what to do next.

I also made the mistake of selecting a share certificate. Was horrified when I saw the £45 fee! My only reservation with transferring to another company is once the transfer is in process and I have no share certificate for that 5-7 working days or so am I correct in thinking I can't sell them if things went belly up?

Basically I'm just thinking is it worth saving that £39 difference when the price of the shares could drop by that much and I have no control to sell? At least i can sell instantly now if I wanted if I saw things going down.

Pemberton01

danfearn77 - the £39.05 extra fee (the difference between selling with a certificate for £45 or through x-o for £5.95) equates to over 17p per share on a standard holding of 227 shares i.e. if the share price fell 17p - 227 x 17p = £38.59. I think that makes sense, and hope helps you make a decision.

2010

Up another 23p today, currently trading at 525p.

ps2659

ps2659 wrote: »

I placed an sell order today for my Royal Mail shares @ £5.08, I note they reached £508.32 I have checked the order on XO website and it says the order is pending, can anyone tell me if the £508.32 was the sell or buy price and if you think they will have sold.
Thanks

Pleased to find out my sell order for £5.08 did not go through on Friday have place new order good for today. :j