How to buy shares?

I'm sorry if this has been covered. but can anyone direct me or help me please, I'd like to buy shares in M&B (frankly just for the vouchers they give shareholders ) but I've no idea how to go about it! Can I do it online? Thanks.

Comments

  • Nick_C
    Nick_C Posts: 7,571 Forumite
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    Who do you bank with? I buy and sell shares with Halifax Online Sharedealing. They charge £12.50 commission. You will also pay 0.5% stamp duty. MAB are currently trading at £4.24, so one share would currently cost you £4.24 + £12.50 + £0.02 = £16.94.

    Halifax have low cost dealing roughly once a month. On 18th February, you can but shares online between 12:00 and 14:00 for £3.95 instead of £12.50.

    Note that you won't get your M&B vouchers until December. See http://www.mbplc.com/investors/shareholderinformation/faqs/#link_item_5
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
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    Isn't there normally a minimum holding to get these benefits?
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • lovinituk
    lovinituk Posts: 5,711 Forumite
    1,000 Posts Combo Breaker
    gadgetmind wrote: »
    Isn't there normally a minimum holding to get these benefits?
    From the link above...
    "All shareholders of Mitchells & Butlers receive ONE shareholder discount voucher booklet, containing 12 vouchers in December of each year, irrespective of their shareholding size."

    Are the vouchers any good?
  • Nick_C
    Nick_C Posts: 7,571 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    gadgetmind wrote: »
    Isn't there normally a minimum holding to get these benefits?

    Normally yes, but not with M&B.
    All shareholders of Mitchells & Butlers receive ONE shareholder discount voucher booklet, containing 12 vouchers in December of each year, irrespective of their shareholding size. To qualify for vouchers in December 2014, shareholders must be on the register by early December 2014. The record date for the receipt of shareholder discount vouchers changes every year in line with the production of the Annual Report, but is normally around early December.

    http://www.mbplc.com/investors/shareholderinformation/faqs/#link_item_5

    Another share that is worth holding for shareholder benefits alone is Carnival Cruises, but you need 100 shares, about £3K at current prices.
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