Selling BOI shares

AJAM said:
but if you can get the paper stock certs
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You can't. See my earlier post.

Selling BOI shares

I have 134 Bank of Ireland shares which are valued at approx 1300 euro. Computershare won't sell them and I was advised to contact Goodbodys or Davys. This is the response from Goodbodys 'Unfortunately, Goodbody cannot facilitate the opening of accounts that do not meet the minimum initial...
www.askaboutmoney.com
 
Maybe contact Bank of Ireland Investor Relations and see if they can buy/sell them from/for you.
 
Almost certainly they won't and will just refer shareholders to Computershare.

FAQs

investorrelations.bankofireland.com investorrelations.bankofireland.com
1. I have a query in relation to my shareholding. Who do I contact?
All enquiries concerning stockholdings should be addressed to the Bank’s Registrar.
The Bank’s Registrar is:
Computershare Investor Services (Ireland) Limited, 3100 Lake Drive, Citywest Business Campus, Dublin 24, D24 AK82, Ireland.
Website: https://www.computershare.com/ie/contact-us
Telephone: + 353 1 247 5414,
Facsimile: + 353 1 216 3151.
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Following with interest. I have only 59 shares but 682 euro. I would love the cash. It seems crazy that it's so difficult to sell them.
 
Would say it’s very difficult to sell paper share certificates in any listed company these days, think the ship may have sailed on the opportunity to sell such certificates, everyone has moved to online brokers for custody.
 
Nordkapp said:
Would say it’s very difficult to sell paper share certificates in any listed company these days
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Not sure how many times I need to point this out but ... this thread has nothing to do with paper certificates given that BOI dematerialised all shares a while ago and paper certs are redundant!
 
I just received the below back from Compushare on the back of Degiro not able to do the transfer (not sure if Degiro use this Euroclear or what way the process works)

Thank you for your recent communication.

Unable Transfer to broker
Please note that as share Registrar we do not initiate the transfer of shares to a stockbroker. Your broker would need to request the transfer of shares through CREST via a company called Euroclear.

For your information, their address and telephone/website details are shown below:

Euroclear UK & Ireland Limited
33 Cannon Street
London
EC4M 5SB
 
Hi Savana, Iamalwayshappy, have you managed to sell your BoI shares. I have a small holding 105 shares and want to sell them. Any advice would be appreciated.
 
Tried Revolut but Compushare UK not on the list of broker firm's in the app - Revolut help was easy to use and communicated with a individual who stated that "Revolut periodically updates the list of supported brokers - My request for the addition of Compushare Uk has been raised internally" willing to wait a while and see if they get them added.
 
Note that these share purchase schemes aimed at small shareholders may not apply to you, if you hold the shares on DeGiro.

I hold three AIB shares on DeGiro, and never heard from them during the Odd-Lot offer.
 
I have a small number of shares in both Bank of Ireland and AIB.
These were held as certificates until dematerialisation in January 2025.
The whole point of dematerialisation was to make transfers quicker and smoother.

I have an account with Lightyear online brokers and they have been trying for many weeks to initiate a transfer from Computershare to no avail.
They just sent me this message:

"After conversations with Computershare's transfer team, they have let us know that at this time, they are only able to transfer portfolios under an ''employee scheme''.
As you're current account is a normal account, and not given by your employer, regrettably, they cannot transfer it from their end. I'm sorry to be the bearer of this news, as I know it's not what you expected."

It is obvious that Computershare have not adequately prepared for dematerialisation.
I am filing a complaint with them on their Investor Centre here: https://www-uk.computershare.com/Investor/#Home

Computershare don't do email and you can only use a webform at the Investor Centre. The answer from the webform took ages but said this:

" We're sorry but we are unable to deal with the matters mentioned in your query. You will need to contact Euroclear UK & Ireland Limited, as they are the correct company to assist you.
For your information, their address and telephone/website details are shown below:

Euroclear UK & Ireland Limited
33 Cannon Street
London
EC4M 5SB
Tel: 0207 849 0000
Fax: 0207 849 0130
Website: www.euroclear.co.uk"

or you can use one of Computershare's dedicated shareholder phone lines for particular companies.

Bank of Ireland - 01 2475414
AIB is - 01 2475411

I have had conflicting advice from various agents on these helplines, all of whom said it is possible for brokers initiate transfers of shares without having to fill in any forms. But obviously it isn't.
 
I got a reply from Computershare about how to sell my shares:

Dear sir

Bank of Ireland Group plc

Thank you for your recent communication.

Share Transfer

We confirm that your stock broker advised us that they have completed transfers with us directly previously and we advised that the transfers that they had been referring to were employee schemes that can be transferred to anywhere or anyone. We advised that the transfer in this instance is not an employee scheme therefore cannot be transferred directly.

We advise that you will need to instruct your stockbroker to contact the company Euroclear. They will need to arrange with their UK Custodian to deposit the shares into CREST via Euroclear. Once the shares are in CREST, Euroclear's UK Custodian can move the shares overseas to your broker.

For your information, their address and telephone/website details are shown below:

Euroclear UK & Ireland Limited
33 Cannon Street
London
EC4M 5SB
United Kingdom

Tel: +44 (0)207 849 0000
Fax: +44 (0)207 849 0130

Website: www.euroclear.co.uk

Unfortunately, we do not have an email address for Euroclear.

Kind regards
Mr T Hatton
Customer Service Team – Web Correspondence

I cannot understand why Computershare, as registrars, have not set up a simple system for those shareholders who previously held shares as certificates but are now stuck in this frustrating dematerialisation trap.
I
 
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