I am interested in buying a few shares directly and holding on to them for the long term. Thus, I would like to hold the share certs myself. I read on the Campbell O'Connor website than from 2007 onwards, shares will be held electronically. What does this mean exactly? Is it the same as being held under a nominee account or CREST account?
I am not sure what you mean by Option 3. Please provide a link to that post.
There is a new system planned where all shares will be dematerialized but that won't be for another 2 years at least. When that happens, you will be able to deal directly with the Registrar of the Company.