Help - Lost share certificates

joepubli

several members of my owned shares in BAA. The share certificates appear to have been lost.
We have recently received letters from a company connected with the Registrars who for a very tidy 15% will send us the money. There also seems a further charge for of circa £40 pinds each for lost certificates. As there a number of family numbers this adds to a tidt sum.


Does anyone have any advice or clever tricks.
The fees seem extortionate given the small sums involved.

Joe

jonesMUFCforever

The company is in foreign hands now.
If you have lost the certificate (and other members of your family) you have no choice if you want the money but to stump up for the indemnity for lost share certificate (I assume this is what the paperwork mentions).
This has to be done on an individual basis not family.

Sorry for the bad news.

gt94sss2

joepubli wrote: »

several members of my owned shares in BAA. The share certificates appear to have been lost.
We have recently received letters from a company connected with the Registrars who for a very tidy 15% will send us the money. There also seems a further charge for of circa £40 pinds each for lost certificates. As there a number of family numbers this adds to a tidt sum.

Does anyone have any advice or clever tricks.

If you contact the Share Registrar directly you should be able to get any money owing/not claimed from when BAA was taken over yourself - saving yourself the 15% the company wants to act as your intermediary (which is easy money for the Registrars!)

However, you will probably still have to pay for replacement share certificates if you can't locate them.

Regards
Sunil