Selling shares in certificate form

joeypesci

Really need to sell my very small holding of BP shares that I have as a certificate (bought way back in 2008 roughly). I used to use x-o but have only just discovered they've closed (I got no e-mail about that happening).

Where can I sell these shares now?

wmb194

joeypesci said:

Really need to sell my very small holding of BP shares that I have as a certificate (bought way back in 2008 roughly). I used to use x-o but have only just discovered they've closed (I got no e-mail about that happening).

Where can I sell these shares now?

Scottish Widows Share Dealing, formerly iWeb, is a good option at £5 per trade and no account fee.

There are cheaper brokers but they won't accept the lodging of certificates.

If it's a very small holding the share registrar might be another option: they sometimes have discounted dealing costs for small holdings.

https://www.scottishwidows.co.uk/investing/ways-to-invest/share-dealing-services/share-dealing-account.html

poseidon1

wmb194 said:

joeypesci said:

Really need to sell my very small holding of BP shares that I have as a certificate (bought way back in 2008 roughly). I used to use x-o but have only just discovered they've closed (I got no e-mail about that happening).

Where can I sell these shares now?

Scottish Widows Share Dealing, formerly iWeb, is a good option at £5 per trade and no account fee.

There are cheaper brokers but they won't accept the lodging of certificates.

If it's a very small holding the share registrar might be another option: they sometimes have discounted dealing costs for small holdings.

https://www.scottishwidows.co.uk/investing/ways-to-invest/share-dealing-services/share-dealing-account.html

MUFG is BP's registrar's. Their commission terms for postal sales dont look very appealing   - £65  minimum ( 2.49% for trades 0 to £50k) -

https://sharedeal.cm.mpms.mufg.com/media/0b5mmby1/mufg-corporate-markets-generic-postal-dealing-tscs-july-2025.pdf

As mentioned Scottish Widows appears to be the better option.

joeypesci

Will take a look at Scottish Widow. I assume its not going to be quick. Needed it quick then discovered x-o had shut down who I used to use.

Notepad_Phil

joeypesci said:

Will take a look at Scottish Widow. I assume its not going to be quick. Needed it quick then discovered x-o had shut down who I used to use.

A couple of years ago when they were still iweb they managed to get a bunch of certificate for a couple of companies into the Investment Account within a couple of days of their receiving the certificates. So hopefully not too much longer if at all for you.

badger09

I sold a certificated shares in Lloyds Banking Group in June last year through IWEB. Quick & easy process, just 2 forms to complete. Post them Royal Mail guaranteed next day or tracked 24 or 48 hours depending how urgently you want the money.