Tradefair & Financials
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13 Jan 11
15:49
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06 Feb 04
I've got a Sharesave scheme with my firm that is closing at the end of the month. I've got an option to buy the shares at 458p and they're currently trading at 739p, which is nice.
That's where the good news ends, though, as it seems like I have to jump through hoops to sell the flaming things. I want to sell around half of them. What's the best way to go about doing that?
That's where the good news ends, though, as it seems like I have to jump through hoops to sell the flaming things. I want to sell around half of them. What's the best way to go about doing that?
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your employer should explain how to do this when the options vest. will be far easier to do it through them, in my opinion
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Equiniti (owned by lloyds) do many of the company schemes. Best to get your online account sorted out in advance, as there's the normal hoops to jump through.
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If you have to do it yourself, you could use Halifax. They don't charge to convert your paper shares into electronic ones held by them. This would be useful for the other half you do not plan to sell. iii is another company to consider. (All the banks will sell certificated shares for you, but the charges will be higher.
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Our company used shareview and once you have an account with them you can dabble in other shares as well But I have found Halifax share buying and selling quite reasonable.
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shareview = Equiniti = lloyds
I use Halifax too. I think iii & one or two others are a little cheaper. If you ever get into funds & ETFs, Alliance trust & Funds Direct are ok. |