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Why are some shares listed as Ord NPV and some listed as Ordinary 2p 0r 5p? That is on my HL account, I cannot see those letters when I look on Google.
I find the information on Google much easier to view and understand.



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  • Hoenir
    Hoenir Posts: 2,286 Forumite
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    Refers to the nominal value of a share when they it's first issued. This is the amount of equity that the shareholder has in the business for each share held. 


  • eskbanker
    eskbanker Posts: 31,461 Forumite
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    I don't believe there's any agreed standard that's enforceable, so different data providers can choose how they display the descriptions, with the likes of the ISIN code used as a definitive unique key for identification purposes.
  • wmb194
    wmb194 Posts: 3,392 Forumite
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    edited 30 April at 8:44PM
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    Why are some shares listed as Ord NPV and some listed as Ordinary 2p 0r 5p? That is on my HL account, I cannot see those letters when I look on Google.
    I find the information on Google much easier to view and understand.

    Can you give a couple of examples of, "Ord NPV" shares? The ones in London are often foreign companies (this includes the Channel Islands). I think it indicates, 'no par value.'

    https://www.investopedia.com/terms/n/noparvalue.asp
  • sevenhills
    sevenhills Posts: 5,922 Forumite
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    wmb194 said:
    Why are some shares listed as Ord NPV and some listed as Ordinary 2p 0r 5p? That is on my HL account, I cannot see those letters when I look on Google.
    I find the information on Google much easier to view and understand.

    Can you give a couple of examples of, "Ord NPV" shares? The ones in London are often foreign companies (this includes the Channel Islands). I think it indicates, 'no par value.'

    https://www.investopedia.com/terms/n/noparvalue.asp

    Playtech plc, Ord NPV and Aclara Resources Inc, NPV are my only ones


  • wmb194
    wmb194 Posts: 3,392 Forumite
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    wmb194 said:
    Why are some shares listed as Ord NPV and some listed as Ordinary 2p 0r 5p? That is on my HL account, I cannot see those letters when I look on Google.
    I find the information on Google much easier to view and understand.

    Can you give a couple of examples of, "Ord NPV" shares? The ones in London are often foreign companies (this includes the Channel Islands). I think it indicates, 'no par value.'

    https://www.investopedia.com/terms/n/noparvalue.asp

    Playtech plc, Ord NPV and Aclara Resources Inc, NPV are my only ones

    Playtech is Isle of Man - an 'IM' ISIN - so 'foreign' and Aclara appears to be Canadian. It doesn't really matter, it only affects the way shares are issued and how their proceeds are accounted for on the balance sheet.
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