LLYODS BANK SHARES

Ranger2024

Hi wife has 1053 10pence shares in Llyods bank which were given to her by her aunt. We cannot figure out how much these shares are worth and if it would be worth selling to pay off some of our mortgage?

Please advice

eskbanker

If they're the Lloyds Banking Group shares that are currently listed, they're worth 51.5p each at the time of posting:

https://www.lloydsbankinggroup.com/investors/shareholder-information/share-price.html

In what form does she hold them, i.e. as a certificate (if so, when was it issued) or via a broker (if so, who)?

marlot

THey're worth about 50 pence each.  https://www.hl.co.uk/shares/shares-search-results/l/lloyds-banking-group-plc-ordinary-10p

Ranger2024

She has them on 3 separate certificate with a different number of shares on each

Ranger2024

so at present her shares would be worth around £537 

eskbanker

Ranger2024 said:

She has them on 3 separate certificate with a different number of shares on each

Ranger2024 said:

so at present her shares would be worth around £537 

Yes, but will have costs associated with selling them - X-O is normally recommended as a cheap broker to use for selling certificated shares:

https://www.x-o.co.uk/how-to.html#transfer-certs

kipsterno1

Are the share certificates in your wife's name or still in that of the aunt?

If it's the second then there will be associated costs with transferring into her name.

Zoe02

Might be cheaper to sell by converting to digital shares.

I converted my certificated shares to digital to Iweb as equiniti charged more and it's free converting. Now with IWeb who charge £5 to sell. 

Mine are IDS PLC. royal mail IPO.