We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

How to sell 30 year old shares.

Hi,

I was having a clear out and I found an old certificate for 24 shares of the following.

'HYPO FOREIGN & COLONIAL U.S. SMALLER COMPANIES FUND'

The date on the certificate is 1995.

They were bought for me by a family member, and swiftly forgotten about, till now.

I would like to sell, but I have no idea how.

All searches indicate ownership of the fund managers has changed hands quite a few times.

All advice and guidance is welcomed.

Thank you

Comments

  • Hoenir
    Hoenir Posts: 7,742 Forumite
    1,000 Posts First Anniversary Name Dropper
    You'll need first to put the shares into nominee form. After that you can sell them. X-O  will perform this service. To sell will incur a £5.95 fee. 

    Link below
    How do I transfer in stock that I hold in the form of certificates?
    https://www.x-o.co.uk/how-to.html

    The stock you hold is now called the F&C US Smaller Share Companies - (FSC)
  • wmb194
    wmb194 Posts: 6,058 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 5 September 2024 at 2:19PM
    sib227 said:
    Hi,

    I was having a clear out and I found an old certificate for 24 shares of the following.

    'HYPO FOREIGN & COLONIAL U.S. SMALLER COMPANIES FUND'

    The date on the certificate is 1995.

    They were bought for me by a family member, and swiftly forgotten about, till now.

    I would like to sell, but I have no idea how.

    All searches indicate ownership of the fund managers has changed hands quite a few times.

    All advice and guidance is welcomed.

    Thank you
    So what do you think it is called now? Brown Advisory US Smaller Companies plc (LSE:BASC)? I cannot see the 'Hypo' name but it started out as F&C US Smaller Companies as 25p shares and they're still shown on the LSE as 25p shares so it could still be a valid certificate as they're often not replaced if the only thing that changes is the name; I'd call the registrar - Computershare, see link below - to check. 

    If it is BASC its shares are selling for 1300p (£13.00) each, so 24 would total £312.

    Has your address ever changed? The danger is that if the registrar loses contact with you e.g., returned dividend
     cheques and it is unable to trace you the shares could have been forfeited beck to the company but it doesn't look like it pays dividends so perhaps the registrar has never noticed...

    https://www.brownadvisory.com/intl/investment-trusts/brown-advisory-us-smaller-companies-plc

    https://www.londonstockexchange.com/stock/BASC/brown-advisory-us-smaller-companies-plc/company-page
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.