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Equiniti Shareview

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  • mar7t1n
    mar7t1n Posts: 115 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    I have both a CSN and share certificates with Equiniti Shareview. I thought what I needed to do was setup an account with iWeb and just send iWeb the share certificates to handle the transfer with the relevant share registrar. I'm confused now who's forms I use and who I post my certificates to. All shares are in my name. I don't want this to fall down a black hole and have ended up costing more in time than the £100 EQ want for selling them.
  • mar7t1n
    mar7t1n Posts: 115 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    IWEB have confirmed I just post them the certificates. Which service did you use. I think Tracked 48 with Signature £150 compensation for £4.40 is good enough. If they do end up going missing it's a hassle either way to get them back, and should cover the majority of the fee. I don't know why you even have to send them. Can't they just be cancelled by CREST and re-registered with the Nominee Account.
  • Mothman
    Mothman Posts: 293 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 3 December 2024 at 9:15AM
    Personally I would send them by special delivery. As I understand it the cost of getting new shares certificates issued can be high, so for the sake of a few quid extra I would want to send by the most secure way possible. Luckily our shares were CSN so there were no certificates that needed sending, I just posted the transfer forms 1st class.
  • mar7t1n
    mar7t1n Posts: 115 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Yes you're probably right. Shame you cannot just add an extra £100 compensation for 50p. On the basis no new share certificates are being issued. I would expect to be told I cannot have one re-issued anyway and it has to be converted to digital. In fact I don't know why they aren't just telling everyone their shares are being converted to digital and old share certificates no longer valid. Maybe that will come in due course. As long as it's all processed by February and I can sell some out below CGT limits then I can hopefully get rid of them all before GCT is set to £50.
  • mar7t1n
    mar7t1n Posts: 115 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    I can also confirm my share cert transfer has been a success from Equiniti to iWeb in 7 days. Posted Special Delivery Tues 3rd. Had an SMS to confirm receipt afternoon of Wed 4th. Certs in my account and available to trade Tue 10th.

    I now only have some (not many) Lloyds Bank CSN with Equanti. I'm aware there's a £10 fee to transfer. What I'm not sure about is how to pay that fee. Because I think you action iWeb to pull them. But I have no payments setup with Equanti. TBF for the £5 saving it might not be worth the hassle to rationalise and easier to just sell. I don't want EQ to sell 20 shares to cover their transfer fee, and then say they also sold another 40 to cover their dealing fee. As there won't be many left.
  • Mothman
    Mothman Posts: 293 Forumite
    Part of the Furniture 100 Posts Name Dropper
    You can pay the £10 CSN transfer fee by either bank transfer or by cheque. Payment details are at the bottom of the Equiniti transfer form, I used form E.
  • NC24PH
    NC24PH Posts: 3 Newbie
    First Post
    I was advised some years ago about some shares my late father had in United Utilities but I was asked to pay a fee before they would tell me what they were worth. Is this normal practice?
    At the time I didn't bother because I thought the shares may not be worth as much as the fee!
  • wmb194
    wmb194 Posts: 4,920 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    NC24PH said:
    I was advised some years ago about some shares my late father had in United Utilities but I was asked to pay a fee before they would tell me what they were worth. Is this normal practice?
    At the time I didn't bother because I thought the shares may not be worth as much as the fee!
    Asked by whom? A tracing agent owned by the registrar? They try it on but, no, you don't have to pay a fee. Just call the registrar direct, in this case Equiniti. If you've left it too long though you're at risk that the shares have been forfeited back to UU.

    https://www.unitedutilities.com/corporate/investors/shareholders/shareholder-information/shareholder-faq/
  • Their website is useless, user-unfriendly and confusing.   All I want to do is get a Rights Issue Sale Facility cheque reissued and it is impossible to find out how to do that on their website.
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