Royal Mail Shares

beansy

I have an account with H. L but needed to set one up for oh in order to purchase RM shares which wasn't easy but the staff were brilliant, despite what I am sure was an extraordinary very busy day. They were very patient and helpful and got things sorted out for us with minimal fuss or effort.

:T

A_Phoenix_of_Tangerine

jamesd wrote: »

For anyone tempted at the last hour, Hargreaves Lansdown are still taking applications, though their online system appears a bit loaded. They do have no extra charge human trading for this, so do try that if you have difficulties. Getting a bit late for new customers but still may be possible. Even existing customers are unlikely to get it done if you wait until 11:55PM for an 11:59 time limit, so get moving now if you're going to.

Thanks for the info. I'm new to this; just need to be quick!

Really need some speedy advise. Would the Fund and Share account or Isa be more suitable for selling the shares on asap this year (i.e do either come with time restrictions)?

ETA: The link isn't working on the H&L site for 'further details about our range of accounts'

Vortigern

A_Phoenix_of_Tangerine wrote: »

Really need some speedy advise. Which new accounts are people choosing to open:

-Fund and Share account
-Isa
-Sipp?

(I'm planning on selling asap, if that might influence which account to open...)

If selling ASAP use the fund and share account.

A_Phoenix_of_Tangerine

Vortigern wrote: »

If selling ASAP use the fund and share account.

Thanks.

Thwarted at my first attempt, however:

Thank you for your application. Unfortunately we have been unable to verify your identity electronically. Please do not be concerned, we will simply need you to send us proof of your identity and address along with an application form and cheque. We have used the information you have provided to partially complete the application form below.

Maybe it's a sign it was never meant to be

mnbvcxz

Hargreaves lansdown now say the royal mail share offer is closed. 15 minutes early? But perhaps there is just no time left to fill in all the paperwork before the deadline.

dave8204

After much thought I've given it a miss.Only my view but I can see the price rising quickly initially then heading back to what punters paid as all the "make a quick buck" (and I'm not knocking that,their choice) merchants sell very quickly and flood the market. I've looked long and hard at the shares and what people are saying here,on the financial sites and I'll be holding off.If I do buy it'll be if the threatened industrial action takes place and the shares drop to below their initial price when they'll be a steal.
Only my view and I could be totally wrong,I don't agree with the sell off but it's a reality and if people do make a few quid out of it I'm happy for them.just watched HL's deadline tick away and I'm quite hapy with my decision.

whoimi

me too thinking long and hard

I then decided last minute at 23:58 apply via the government site

all went throught except now at 12:01am i am on the payment page having to put my card details through

should i close or go ahead! blah!
hmmmmmmmmmmmmm!

A_Phoenix_of_Tangerine

scott1358 wrote: »

If people want to buy the shares at this time surely it would be easier to just apply direct on gov.uk and request a share certificate? Then transfer the share to a chosen broker afterwards if you want to sell etc.

That's what I've just done anyway. Could be wrong!

I managed to apply in the last few minutes before the deadline on gov.uk, but I didn't request or buy a share certificate at the same time..
Argh! What does this mean? Do I have no way of transferring / selling?
I thought this sounded plain sailing, but I'm a complete novice in this field and I've made a bit of a hash of it

Frank121

A_Phoenix_of_Tangerine wrote: »

I managed to apply in the last few minutes before the deadline on gov.uk, but I didn't request or buy a share certificate at the same time..
Argh! What does this mean? Do I have no way of transferring / selling?
I thought this sounded plain sailing, but I'm a complete novice in this field and I've made a bit of a hash of it

Hi,

There was option asking you whenever you wanted a physical share certificate or if you would like to keep the certificate electronically in the royal mail nominee service. Don't worry, whatever option you chose you will be able to sell the shares. If you opted for the paper cert then it will easier to transfer it to another stockbroker. (if it's electronic, you can request the cert from RM for a fee, or just use RM to sell it)

Hope it helps...
Frank

jacko74

Frank121 wrote: »

Hi,

There was option asking you whenever you wanted a physical share certificate or if you would like to keep the certificate electronically in the royal mail nominee service. Don't worry, whatever option you chose you will be able to sell the shares. If you opted for the paper cert then it will easier to transfer it to another stockbroker. (if it's electronic, you can request the cert from RM for a fee, or just use RM to sell it)

Hope it helps...
Frank

I've bought through the Royal Mail nominee share service (Equiniti) but would probably be better transferring them to another broker asap as Equiniti charge a 1% selling fee, which seems to be a lot compared to other brokers.
How straight forward is it to transfer considering I'm probably looking to sell them quickly if the price does make an initial early jump?