Step by step guide for holders of CRH share certificates

Brendan Burgess

Brendan Burgess

Founder
Messages
52,117
This is for holders of share certificates only. If you own CRH shares through your stockbroker account, this is not for you.

I have read through the documentation and this is what you need to do

1) First priority and do it now - it's quick and simple
Fill in the US tax form W-8 and send it back in the prepaid envelope to Computershare
All you are doing is stating that you are a resident of Ireland and giving your PPS number, date of birth etc.
Notes
Your TIN (Tax Identification Number) is your PPS Number
Your date of birth is in the Month first format.

If you don't send this form back, CRH will withhold American tax on your dividends.

2) Register now with Investor Centre Ireland (part of Computershare)

Click on: www.investorcentre.com/ie

Note: Entering CRH plc in the company name is not enough. When you enter it, a box will pop up with CRH plc in it and you need to click on this.
User ID - is something you choose yourself.

After I did it successfully, a message flashed up to say that they would send me a letter by post to confirm my identity.
But I was able to go to my portfolio and see my shares, so not sure what I need this letter for.
 
Last edited:
After 25th September but before 19th October, register your bank account details

Your shares will be moved to Computershare US on 25th September.
They will send you a HAN

When you get this, you should log on and register your bank account details.
They will pay your dividend directly to your bank account.

If you don't do this, you will get a cheque in US dollars which might be awkward to cash.
 
Last edited:
If you want to sell your shares before the 25th September...

You will be able to transfer your shares to your broker.
Not sure how this works - ask your broker.

If you want to sell your shares after 25th September ...
You will need something called a Medallion Signature Guarantee
Your broker should be able to arrange this.
But it might take time to arrange.

Question:
Should I transfer my shares now from Computershare to my online broker as I may wish to sell some of them in October?
 
Thanks S Class

So register them with Computershare Ireland and then move them to your own online stockbroker?

Brendan
 
I rang Computershare.
I thought I had dematerialised my shares but I haven't. All I have done is registered my shareholding with Computershare.
My shares are still in share certificates and will be digitalised on 25th September with Computershare USA.

I rang De Giro and they cannot accept share certificates.
They said that they can do the transfer after 25th September from Computershare USA.

So do I transfer my shares to Davy's now?

Brendan
 
Selling them now and buying back when they are listed in New York would probably be the easiest option. If you end up in computershare USA you will have difficulty selling them. My experience of transferring shares is that it can take weeks or months to complete. Computershare might not complete the transaction before the transfer to computershare USA deadline. I transferred CRH shares from Saxo a few years ago. Interactive Brokers would not accept them and in the end I transferred to Degiro. This process lasted for months.
 
Last edited:
Thanks S class

Selling them is not an option due to the CGT liability.
Davy's has said that they will accept share certificates up until tomorrow but after that they won't be able to clear them in time.

A lot of people have shares in American companies and I had not heard them reporting problems in selling those shares.

Brendan
 
Go for Davy's so.
There is no difficulty selling American shares. There is however great difficulty in selling American shares held by computershare USA unless you are a US resident.
 
Last edited:
Hi Guys

If you lost some CRH share certificates that go back 20 years, what do you do in this case?
Plus is there a way to get them reissued so that you can follow the above advice?

Any response appreciated.
 
whiz said:
Hi Guys

If you lost some CRH share certificates that go back 20 years, what do you do in this case?
Plus is there a way to get them reissued so that you can follow the above advice?

Any response appreciated.
Click to expand...
Any use?
If you have mislaid or lost any of your share certificate(s) you should contact Link Registrars on 00 353 1 553 0050 to arrange replacement(s).
Click to expand...
 

Attachments

  • crh-postal-form-18-5-21.pdf
    278.8 KB · Views: 107
whiz said:
If you lost some CRH share certificates that go back 20 years, what do you do in this case?
Click to expand...

I think that this process is of benefit to you.

Instead of having to get the shares reissued, they are going to be automatically cancelled.

Your shares will be registered with Computershare US.

In time, you will be able to switch them to another stockbroker.

If this process were not taking place, it would be very awkward for you to sell your shares. You would have to give them an indemnity.

Brendan
 
Brendan Burgess said:
I think that this process is of benefit to you.

Instead of having to get the shares reissued, they are going to be automatically cancelled.

Your shares will be registered with Computershare US.

In time, you will be able to switch them to another stockbroker.

If this process were not taking place, it would be very awkward for you to sell your shares. You would have to give them an indemnity.

Brendan
Click to expand...
Thanks Brendan, would we be able to transfer them to Degiro from Computershare US?

Note we don't have an American bank account.
 
Your only hope to avoid defaulting into computershare USA would be to contact computershare.ie or CRH and ask is there any way they can transfer you out before the deadline. If they cannot the worst case scenario is that you will have to pay for the Medallion signature guarantee.
 
Today is the last day for Davys to accept CRH shares.
I dropped in the certs today and there seemed to be a few other clients doing the same thing.

Brendan
 
Brendan Burgess said:
Ah, I see. That makes sense.

Computershare can be very difficult to deal with.

Brendan
Click to expand...
Hi Brendan,

You're being very generous to them! ( I won't get into the saga of United Drug PLC!) While the person I was onto was very nice, the poor man was clueless - my only option now effectively is to wait until I have the shares converted electronically and then try to move them to DeGiro. The Computershare rep wasn't sure if I needed the MS guarantee or not just to transfer shares but the material from CRH seems more definitive.

I have filled in the Tax documentation and have registered with Computershare Ireland (will be soon US) so now I have 4 online accounts with them. Maddening!! :(

The only good thing is I do have a US bank account, but I realise I'm very lucky on this point.

Best,

Opus2018
 
I've just registered on the new investor centre and it seems to be 50% cheaper to get a cheque rather than an international wire. Am I correct in saying that it will be cheaper to get my dividends by cheque?
 
"Your TIN (Tax Identification Number) is your PPS Number"

I am completing this online for my father and it is not accepting his pps NUMBER.

I have checked it on revenue.ie and it is correct. ( it does however start with a zero, is this an issue?)

This is error message i am getting
"You have entered an incomplete or invalid Taxpayer Identification Number. Please try again."

Any advice?

I have contacted them online but awaiting response
 
Ollie11 said:
"Your TIN (Tax Identification Number) is your PPS Number"

I am completing this online for my father and it is not accepting his pps NUMBER.

I have checked it on revenue.ie and it is correct. ( it does however start with a zero, is this an issue?)

This is error message i am getting
"You have entered an incomplete or invalid Taxpayer Identification Number. Please try again."

Any advice?

I have contacted them online but awaiting response
Click to expand...
I figured it out , I needed to fill out the FTIN field.
 
You must log in or register to reply here.
Back
Top