Help. Cheapest way to buy one share?

bellagio_2

I would like to know the cheapest way to purchase one share in The Restaurant Group.

I understand that they offer all shareholders eight vouchers a year to knock 25% off my bill in any of their restaurants which include Caffe Uno, Est Est Est and Frankie & Benny's.

I have never purchased shares before so any help would be appreciated. Also does anyone know when the discount vouchers are sent to shareholders?

spalding

Are you sure there is not a minimum holding for the offer as other companys I know who have similar systems tend to have this in place

bellagio_2

As far as I am aware there is no minimum holding required.

Louiseuk25

Hi

Most High Street branches offer a sharedealing service-just pop into the one you have an account with and ask to purchase the share. Unfortunately you will incur a trading fee and have to pay stamp duty (0.5% of the purchase) so will end up paying almost £20 for one share which is currently worth £1.31.......might be worth considering buying more to make the investment worth while?

One word of warning make sure you purchase the share in certificated form rather than as part of a banks nominee service as you wont be entitled to the share holders rights (vouchers etc) this way.

As previously mentioned-make sure there isnt a minimum purchase to entitle to the priviliges. I work in the industry so will try and either find out today for you or at least get a phone number of the company's registrar for you to check.

Hope that helps,

Lou

bellagio_2

Thanks for the advice, I'm pretty sure I have read that just one share will give you the benefits, I was hoping to pay a bit less than £20 though.

I think also one share in hilton group gives you a discount card to use at their hotels and bars.

Does anyone know of any other companies that offer discounts / vouchers to all shareholders?

Louiseuk25

No Probs, I'm sorry but couldn't find the registrars for you to check.

have googled 'shareholder perks' and this site gives a drop down box of a load of companies and what they offer

http://www.hargreaveslansdown.co.uk/siteredesign/online_guides/shareholder_perks/index.asp

...includes The Restaurant Group which, like you said, do offer the perks to ALL shareholders

Lou

john269

It is better if you brought more shares per company so that there is a better chance of also receiving a nice little return on your investment and you may also receive money once or twice a year through dividends if the companies offer them.

steady__eddie

It has been stated in many other places that shares should not be brought for "perks" purposes so I won't go into that but if these shares are relatively volatile you could always buy X in the expectation of a price rise and then sell X-1 leaving you with a "Golden share" for perks purposes. Dependant upon the number of shares you brought and price rise (and spread), any profit would hopefully go a long way to covering your dealing costs. This method has alas virtually disappeared with the advent of 3 day settlement periods but was relatively popular "in the good old days" of two and sometimes three week periods.