I doubt that you can get these shares in certificated form. You should be able to transfer your shareholding to another cheaper broker though.Is it possible just to get a share cert and cut my ties with Davy.
How are these held?With my vodafone shares (acquired when Vodafone took over eircell a few years ago), I pay no annual fee to anybody.
I doubt that you can get these shares in certificated form. You should be able to transfer your shareholding to another cheaper broker though.
How are these held?
All Vodafone shares issued as payment for Eircell shares during the takeover, were issued in certificate form. I had my Eircell holding in a Computershare nominee account and they exchanged them for certificated shares without my permission.
Computershare are the registrar for Vodafone and they generate significant fees through the replacing of lost certificates. A regular trick used by Computershare is to cancel peoples certificates and when the person goes sells the shares they charge you £186 for sending them an invalid certificate on completion of the sale.
I would steer clear of Computershare as their business model seems to be based on preying on naive retail investors.
OK, I'm totally naive about a lot of things to do with shares.
I don't recall receiving a share cert for my Vodafone shares five or six years ago (after the takeover).
Should I have received a share cert ?
I just logged on to computershare , I can see my holding (and very glad I am that they are 30p/share higher than the last time I checked !).
Computershare don't charge me an annual fee (at least I don't think so)
If I were to sell my Vodafone shares, how would I go about it ?
Are you sure about that? I'm pretty sure that some people I know hold their Vodafone shares electronically in a nominee account.All Vodafone shares issued as payment for Eircell shares during the takeover, were issued in certificate form.
Well if people don't hold onto their shares it's hardly the registrar's fault?!Computershare are the registrar for Vodafone and they generate significant fees through the replacing of lost certificates.
I don't think that this is fair comment to be honest.I would steer clear of Computershare as their business model seems to be based on preying on naive retail investors.
And if you don't see it then surely your shareholding is in some other form - most likely electronic/nominee - which means that part of what you said earlier is wrong?When you log in and see your holding, look carefully for the words "Certificated".
Are you sure about that? I'm pretty sure that some people I know hold their Vodafone shares electronically in a nominee account.
It is, if the person has thrown out their certificate, because computershare issued them a password to log in to their site and view their holding online, misleading them into thinking that is a nominee account.Well if people don't hold onto their shares it's hardly the registrar's fault?!
I don't think that this is fair comment to be honest.
I meant in a Computershare nominee account.That proves nothing. Any broker will accept convert your certificate into electronic form if you post it to them.
I disagree. Share certs always have something on them stating that they are a valuable document. If people fail to read this and throw the certs in the bin then that's their own problem.It is, if the person has thrown out their certificate, because computershare issued them a password to log in to their site and view their holding online, misleading them into thinking that is a nominee account.
Experience also. I have dealt with them several times and found them helpful and their administrative charges for modification of shares (e.g. when putting some of mine in my wife's name for which they charged nothing) and issuance of replacement shares to be reasonable enough.My comment is based on experience. Whats your comment based on?
Share certs always have something on them stating that they are a valuable document. If people fail to read this and throw the certs in the bin then that's their own problem.
I must check again later. I'm pretty sure that either the cert or the covering letter does. Anyway - what sort of idiot throws share certs in the bin? Have you ever done this yourself by any chance?The Vodafone certificate does not have any words to that effect printed on it.
Er - read the thread title and my posts!If you have not had experience with Vodafone shares, why are you posting on this topic?
Hi all, I am certainly no expert but I believe that Irish and UK shares can be held using paper certificates but all other shares - European, American, etc. MUST be held in a nominee account and not in paper format.
I know this since I had some European shares from work that I wanted to just get a paper certificate for but was advised that it was not possible!
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