Lost share certificate

[Alexei]

I know this is a long shot but thought I'd ask. It's in relation to DRIP of shares held through Equiniti. Can't find any information on the cost to replace a certificate on the website (or anywhere else) and missed their helpline hours.

Has anyone been in the situation and have any figures to run with as a guide?

[TrueBlueTerrier]

I know this is a long shot but thought I'd ask. It's in relation to DRIP of shares held through Equiniti. Can't find any information on the cost to replace a certificate on the website (or anywhere else) and missed their helpline hours.

Has anyone been in the situation and have any figures to run with as a guide?

Dividend Reinvestment Plans (DRIP)

Can't answer the question but I though finding out what DRIP meant might be useful,

[Alexei]

Whoopsie! Thank you for clearing up

Will call Equiniti today and report back with more info for future reference

[solar_plexus]

Share certificates, that's so 20th century!

This page might help:

Equiniti Shareview - Lost certificates
https://www.shareview.co.uk/4/Info/Port ... Certs.aspx

[Alexei]

Share certificates, that's so 20th century!

This page might help:

Equiniti Shareview - Lost certificates
https://www.shareview.co.uk/4/Info/Port ... Certs.aspx

It really is! Thanks for the link. Useful, but looking for a more thorough breakdown. I may need a few certificates unfortunately and have read from various sources it's possible to get one certificate which covers all purchases. If I have to purchase individual certificates though I might be lucky as the purchased shares on each individual dividend amount to less than £50

[Alexei]

Situation resolved. It seems they calculate the fee based on the current market value of shares you require a certificate for, be it on IPO, DRIP or both. All the info is taken from Equiniti website. I might be wrong, but it's the only way to end up at the fee I'm required to pay for replacement. Hope this helps others in future. No hidden charges afaik, I was not informed about any additional fee's. If there are, then I'll report back here. Don't lose your share certificates, or better yet, put the shares in the corporate sponsored nominee, that way you won't need to deal with them (certificates)!

Example 1:
Purchasing £1000 worth of shares on IPO (initial floatation) would get you 303 shares. If you lost this first purchase certificate, then because the current market value would be £1533 you would have a £77.18 fee to pay. (£42 admin fee + £35.18 countersignature fee).

Example 2:
Missing share certificate from a purchase of 16 shares through DRIP. Current market value (16 shares x 5.06) = £80.96. In this situation you would pay no administration fee and only a £23.32 'countersignature fee'.

Example 3:
Missing 4 certificates which altogether total 50 shares. £253 total value (£5.06 market value) would mean £65.32 to pay (£42 admin fee + £23.32 countersignature fee).