How to buy shares? 2 February 2015 at 1:54PM in Savings & investments 4 replies 4.6K views

[Deleted User]

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.

Nick_C

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

Isn't there normally a minimum holding to get these benefits?

lovinituk

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

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.