Vodaphone Shares.. best way to sell a small amount.

A

Armada

Registered User
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Hi All,

I totally understand we do not discuss individual shares on here, so please delete if this post is breaking moderators rules.
That said, I just have a query in relating to the old chestnut of the Eircom Flotation in 1999.

I now wish to offload my share holding from then. Am I right in assuming this will probably generate a CGT loss (415 VF shares now)?

Can anyone point me in the direction of how to sell most cost effectively and/or how to generate their value and the possible loss today?

Many Thanks.
 
Hello Armada - as per the link posted by WaterWater above ...

"and you discover the new “base” value for your remaining Vodafone shares following the restructuring of €4.58."

Below is a more detailed article

www.irishtimes.com

What is ‘base’ cost of my remaining Vodafone shares?

Revenue does the sums for shareholders as they continue to lose money on Vodafone investment
www.irishtimes.com www.irishtimes.com
 
If you hold 415 vodafone shares, perhaps the registrars have a low cost scheme whereby you can sell? Try emailing them.
 
Thank you all. I do have paper certs and have just registered with Shareview on the Equiniti website and can see them. I'm waiting on an activation code to proceed. It's actually 458 shares, that I hold and my other half has the same. The original investment was £6k (punts) each in1999, as far as I can remember. There seems to be a minimum fee of £40 stg to sell them plus commission. The current value for 458 is £594 so about £1.30 per share.
 
Hi Amanda. I am wondering if you got to sell your shares.
I have a similar amount of shares and want to get rid of them. Were you able to do it online through Equiniti?
When I tried, it was only available for those with a registered address in the UK.
Also, if you were able to sell them online through Equiniti, did they send you a cheque or were you able to get the proceeds paid into a bank account.
 
mattmacg said:
Hi Amanda. I am wondering if you got to sell your shares.
I have a similar amount of shares and want to get rid of them. Were you able to do it online through Equiniti?
When I tried, it was only available for those with a registered address in the UK.
Also, if you were able to sell them online through Equiniti, did they send you a cheque or were you able to get the proceeds paid into a bank account.
Click to expand...
Hi Matt.

I didn’t actually manage to sell them, but I didn’t really pursue it too much further either.
I did email Equiniti and after about 2 weeks got the below reply. During that time, the value of them had dropped by about a third, so I decided to hold onto them for another while.


I was hoping to offset the loss against capital gains which I have to pay, but that doesn’t look too promising now.


Hope this helps you a bit.


As you have confirmed you reside in the Republic of Ireland, I can advise that EQ can offer the following services for trading your shares at the below commissions:
TELEPHONEPOST
1%, minimum £20
Euro settlement to bank
0.5% FX commission		Selling:
1.5%, minimum £50
Euro settlement to bank
0.5% FX commission
Register update fee: £50
Should you require further assistance regarding selling your shares, you may contact the team directly on the following:
0345 603 7037(UK), +44 (0)121 441 7560, (Republic of Ireland & Overseas)

Further to this, for all information regarding our Postal dealing service, please see below:
https://www.shareview.co.uk/4/Info/Portfolio/default/en/home/shareholders/Pages/PostalDealing.aspx

These are required to be completed and returned to the below address:
EQ (Equiniti)
Aspect house
Spencer Road
Lancing
West Sussex
BN99 6DA
Click to expand...
 
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