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How do I dematerialised a share save scheme certificate to electronic form?

Hello,

I was issued a shares certificate (6 years ago). After completing a share save scheme with a previous company I worked for. I would like to change the certificate to a digital format ( Not sure of the correct terminology ). Plus I was thinking it would be more straight forward to sell them via digital format ( no plans to sale as of yet)
I have looked into it a little, but Cleary advice is needed

The shares are with Morgan Advanced Materials , the cert has Capita indicated on the header. I can see and have viewed the shares on Equinity shareview.

What kind of account would I need and with who? In regards to costs, and who maybe would be the best option. I am not looking to do anything other than hold the shares online, until I sell them.

What hold has Equinity in regards to my shares. Do they need informing or will costs be due to Equinity?

I see something about a Crest form, but really I'm not sure about this, any advice would be welcome.

Apologies for my naïve questions. 

Regards 

Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 28 February 2022 at 3:33PM
    Hi,
    have a look HERE, recommended regularly here, cheap and easy to use.
  • Vortigern
    Vortigern Posts: 3,305 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Equiniti has been the share registrar for MGAM since 2019
    If you have a share certificate and lodge it with XO or similar, there's no need to inform Equiniti and no need to pay them anything.

  • Sanjuro72
    Sanjuro72 Posts: 11 Forumite
    Third Anniversary First Post
    That should of been Equiniti. Predicative text changed it to Equinity, missed that.
    Thanks for the info folks I will take a look.
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