80's Paper BT Ordinary Shares

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GPR79
GPR79 Posts: 2 Newbie
edited 29 March 2016 at 11:46AM in Savings & investments
New to the site so I hope I'm posting this in the right place :)

My dad has come across some old paper British Telecom "ordinary shares" left to him by his brother in the 80's and he's wondering what, if anything, we can do with them. I am totally clueless in this regard so any help/advice would be greatly appreciated.

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  • googler
    googler Posts: 16,103 Forumite
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    edited 29 March 2016 at 11:50AM
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    GPR79 wrote: »
    New to the site so I hope I'm posting this in the right place :)

    My dad has come across some old paper British Telecom "ordinary shares" left to him by his brother in the 80's and he's wondering what, if anything, we can do with them. I am totally clueless in this regard so any help would be greatly appreciated.

    BT's share registrar is Equiniti

    0808 100 4141, and they may be able to help. This was the contact number on my last communication from them.

    The current share price is £4.67 per share, so multiply that by the number held, and .... that's one option - to sell all or some at this price.

    He could hold onto them, and continue to acquire dividends based on his shareholding. I would imagine they've accrued quite a sum in dividends over the last 40 years....

    Essentially three choices. Keep all, sell all, or sell some.

    Let us know how it all works out.
  • GPR79
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    Thanks for the quick reply, I'll try contacting Equiniti and see if they can help :)
  • frenchplonka
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    keep us updated always good to hear stories like this
    Sealed Pot Challenge 10 - #571
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