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Share Transfer to Spouse
Tolley99
Posts: 8 Forumite
I have a small amount of low value shares that I inherited 25 years ago that I wish to transfer to my wife - current value about £400. Guidance on the least expensive means of doing so would be most app reciated. Many thanks in advance...
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Download a stock transfer form from the company registrar, complete and send off with your certificate.0
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I have a small amount of low value shares that I inherited 25 years ago that I wish to transfer to my wife - current value about £400. Guidance on the least expensive means of doing so would be most appreciated. Many thanks in advance...
The three most widely used Registrars are Equiniti, Capita and Computershare.
[1] Google [for example] "Tesco Registrar" to find out which Registrar Tesco use. [Answer: Equiniti]
[2] Google "Equiniti Stock Transfer Form" and download and print blank form.
As you are GIVING your shares to your wife it's even easier to fill in than it looks!
- Consideration Money: LEAVE BLANK
- Full name of undertaking: TESCO PLC
- Full description of security: ORDINARY SHARES OF 5 PENCE [as described on Share Certificate]
- No of shares - [Words] ONE HUNDRED [Figures] 100
- In the name of: YOUR FULL NAME AS ON THE CERTIFICATE AND ADDRESS.
- Signature of transferor: YOUR SIGNATURE
and
- Date: THE DATE YOU COMPLETE FORM
- Full name and full postal addresses...of the person to whom the security is transferred: YOUR WIFE'S FULL NAME AND ADDRESS INCLUDING POSTCODE
On Page 2 Nothing needs to be filled in as you are gifting the shares for no consideration..
Then send the form together with the relevant share certificate to - EQUINITI, ASPECT HOUSE, SPENCER ROAD, LANCING, WEST SUSSEX, BN99 6DA, as shown at the end of the Guidance Notes.
I think that's about it!
Do the same for each company shareholding.
I always send Share Certificates by recorded delivery [postage +£1.10] as it costs a small fortune to replace them.
Hope this helps!".....where it is corrupt, purge it....."0 -
I have located the registrar & transfer form. Many thanks.0
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