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Share certificates

Hi 
Can anyone help me found piles share cery when clearing out a deceased family members house .not got clue what they are and what to do with them 
Thank you
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Comments

  • sevenhills
    sevenhills Posts: 5,938 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    mechoc said:
    Hi 
    Can anyone help me found piles share cery when clearing out a deceased family members house .not got clue what they are and what to do with them 
    Thank you
    Can you explain what that means? I assume for different companies, you will need to sell them.
    HL are one of the more expensive share dealing companies.


  • mechoc
    mechoc Posts: 13 Forumite
    Eighth Anniversary 10 Posts Combo Breaker
    Hi yes it's around 12 different companies share certificates
  • underground99
    underground99 Posts: 404 Forumite
    100 Posts Name Dropper
    Each company will have a registrar who maintains the register of shareholders of the company. A share certificate is a confirmation that the named person held that particular number of shares as shown in the register of shareholders at a point in time. You can use a search engine to try to find out who that registrar is, and the executor or administrator of the estate can contact the registrar to find out whether the shares you found are still valid and how many shares they now represent (as a company's share structure can change over time).

    Then, assuming the company is still traded on a stock exchange you can look them up to find out what the value per share is, and the executor or administrator of the estate can use that value in their probate application (if making one).

    The executor could either then sell the shares through a stockbroker (or in some cases, the registrar may offer a selling service themselves), or transfer the shares to the beneficiaries of the estate by contacting the registrar. 
  • mechoc
    mechoc Posts: 13 Forumite
    Eighth Anniversary 10 Posts Combo Breaker
    Hi yes I'm the executer and I'm awaiting confirmation .then I can get them put into my name .but as for the company s tried Google them .it's just so confusing can't find much on them
  • wmb194
    wmb194 Posts: 4,224 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    mechoc said:
    Hi yes I'm the executer and I'm awaiting confirmation .then I can get them put into my name .but as for the company s tried Google them .it's just so confusing can't find much on them
    What are the names? For post c.1998 a good place to plug in the names and try to build a picture of what's happened is Investegate, a repository of official company announcements. People have a tendency to keep their certificates even when they have no value.
    https://www.investegate.co.uk/Index.aspx
  • mechoc
    mechoc Posts: 13 Forumite
    Eighth Anniversary 10 Posts Combo Breaker
    Carlisle holdings LTD
    Bombshell 11 ltd
    Seashell ltd
    Carlisle group ltd
    BB holdings ltd
    Lyods banking group
    Normandy Ltd
    Midway investment ltd
    Caribbean Investments holdings ltd
    Thank you for any help
  • MX5huggy
    MX5huggy Posts: 7,052 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Looks like she’s been getting financial “advice” from someone offering complex offshore investments. How old are these? Here’s one 
    https://www.sharesmagazine.co.uk/shares/share/CIHL

    whats I presume is Lloyds Banking Group is easy. 
  • mechoc
    mechoc Posts: 13 Forumite
    Eighth Anniversary 10 Posts Combo Breaker
    Hi they are from 1999 to 2020
    They are my brother's he has passed away
    I'm trying sort out his affairs
    I'm executor 
    Sole heir awaiting confirmation ,( probate)

  • steampowered
    steampowered Posts: 6,176 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Sorry to hear about your loss.

    It is worth having a look at the papers to see if your brother had an account with an investment adviser or stock broker. If so, it may be that these shares are now held electronically - in which case you would contact the adviser/broker to get them put into your name.

    Some of those companies are based in places like Bermuda and Belize, so it might not be easy unless you can find the broker involved.
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