Transferring Royal Mail shares

Tom2023

I somehow ended up with a paper share certificate. I want to transfer these shares to my daughter. I would like her to hold them electronicly.

I have a Stock Transfer form from Equiniti but I can not be sure how to fill it in.

I have 227 shares and there will be no money involved in the transfer.

I wonder if anyone here could help me?

Consideration Money £........................

Full name of the undertaking

Number or amount of shares, stock or other security and in figures column only, the number and denomination of an units

Words
Figures

Name(s) of registered holder(s) should be given in full; the address should be given where there is only one holder. If the transfer is not made by the registered holder(s), also write the name(s) and capacity(e.g. Executor(s)) of the person(s) making the transfer

In the name(s) of
Holding designation (if any)

I/We hereby transfer the above security out of the names of the aforesaid to the person(s) named:

Signature(s) of the transferor(s)

Full name(s) and full postal address(es) (including county or if applicable postcode) of the person(s) to whom the security is transfered.
Please state title if any or whether Mr, Mrs,, Ms or Miss.

Holding designation

Stamp of the buying broker(s) (if any)

Stamp or name and address of the person lodging this form(if other than the buying broker(s)

Form of certificate required - transfers not chargeable with ad valorem Stamp Duty

Complete Certificate 1 if:
-the consideration you give for the shares is £1000 or less and the transfer is not part of a larger transaction or series of transactions (as refered to in Certificate 1). (neither Certificate if the consideration is nil)

Complete Certificate 2 if:
-the transfer is otherwise Exempt (see note 15) from stamp duty and you are not claiming a relief (see note 16) or

- the consideration given is not chargeable consideration (see note 15)

Certificate 1

I certify that the transaction effected by this instrument does not form part of a larger transaction or series of transactions in respect of which the amount or value, or aggregate amount or value, of the consideration exceeds £1,000

** Delete second sentence if certificate is given by transferor
I confirm that I have been authorised by the transferor to sign this certificate and that I am aware of all the facts of the transaction.**

Signatues(s)

Description ("Transferor", "Solicitor", etc.)



Certificate 2
I certtify that the transfer by this instrument is otherwise exempt from ad valorem Stamp Duty without a claim for relief being made or that no chargeable consideration is given for the transfer for the purposes of Stamp Duty.

** Delete second sentence if certificate is given by transferor
I confirm that I have been authorised by the transferor to sign this certificate and that I am aware of all the facts of the transaction.**

Signatures(s)

Description ("Transferor", "Solicitor", etc.)

Many thanks in advance for any help.

2010

http://www.informdirect.co.uk/blog/2013/5/14/how-to-complete-a-stock-transfer-form-in-10-steps/

Vortigern

Tom2023 wrote: »

I somehow ended up with a paper share certificate. I want to transfer these shares to my daughter. I would like her to hold them electronicly.

Is your daughter a minor? If so see this LINK
It refers to Barclays shares but would apply equally to Royal Mail or any other share.

If these shares are a long term investment for a minor, it may be possible to put them in a junior ISA

If you follow the instructions in the link provided by 2010 in post 2, your daughter will get a share certificate. She would then need to open an account with a broker or nominee company to hold them electronically.

Does anybody know if it's possible to transfer a certificated holding from one person, directly to a nominee account in another name?

2010

Vortigern wrote: »

Does anybody know if it's possible to transfer a certificated holding from one person, directly to a nominee account in another name?

No you can`t.
As you say the OP would have to transfer from her name to the daughter and then the daughter would have to open a nominee account in her own name.