Share Certificates

pennypincher3562

Hi

I am being asked for proof that I own shares for a certain company.

I am being asked for 'original documents' only.

I phoned the share dealing company, and they said they best they could do was give me instructions on how to print out share transaction details from my online account.

Is there such a thing as 'physical share certificate?' I asked the share dealer this, and they said it's something they don't provide.

Thanks
PennyPincher3562

Browntoa

I don't quite understand , you normally have either a share certificate or they are held in a nominee account. If you have them in a nominee account then you need to trade from the nominee Eg :- Equiniti for example or "transfer out" to another dealer

pennypincher3562

Hi

Thanks Browntoa. I will try and explain better.

In order to claim a tax rebate, the council are asking me for proof of shares I own.

I don't have any physical share certificates, I phoned up the people who provide my online share dealing account, and asked if they could provide physical certificates, and they said 'no.'

Is the above situation normal?

ps. I am not familiar with the jargon, nominee, equiniti etc.

Thanks
PennyPincher3562

Browntoa

yes , that's normal


I can print out dividend statements that says the total number of shares I hold at that time

Malthusian

A statement of your account from the people who provide your online share dealing account should suffice. If the council won't accept this then you need to get them to tell you what they will accept. Most people who own shares hold them via nominee accounts so this shouldn't be an uncommon situation for them.

p00hsticks

pennypincher3562 wrote: »

ps. I am not familiar with the jargon, nominee, equiniti etc.

Nominee is basically a company that holds your shares (electronically) on your behalf. Equiniti is the name of one such company

george4064

p00hsticks wrote: »

Nominee is basically a company that holds your shares (electronically) on your behalf. Equiniti is the name of one such company

Yep. There are two options in holding shares;


- In physical form, as a share certificate
- In electronic form, held within a nominee account




You do not need to produce a share certificate as proof if the shares are held in a nominee account. A full PDF valuation will suffice as proof of your nominee investment account.