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Selling shares? (Equiniti)


Matthew31
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Can I just ask about this process? I currently have 250 shares (santander) that are on my Equiniti shareview account online.

 

Under my account it shows them as "Banco San SA Ord EUR0.50 CDI"

 

I go to the buy/sell section and search for Santander but 3 share descriptions come up? The closest match is "Banco San SA EUR0.50 REGD". Would I sell as that 1?

 

The others shown are:

 

"Santander UK Plc 8.625pct perpetual non-cum"

"Santander UK Plc 10 3/8% perpetual non-cum Pref GBP1"

 

 

*Actually as I type this up, I see the "Banco San SA Ord EUR0.50 CDI" is the only 1 that says "Santander nominee service" when I click sell, the other 2 have "share certificate", so it must be the first*

 

Other questions....

 

 

When I fill in the details to sell, does that mean I get the actual share price for my shares the moment I click to sell them? And also, on 1 of the sell pages do I get an option to select how many shares I want to sell?

 

At the moment the shares are worth £1200. I would want to sell half of my shares, so £600? Minus their fees?

 

Also what would their fees be?

 

 

Thanks and sorry if these seem like newbie questions but I have never dealt with shares before

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Hi Matthew 31,

 

Sorry I don't have a clue, not sure if you've seen this video in the 'link'.....

 

https://equiniti.com/services/for-individuals/manage-my-shareholding/how-to-buy-and-sell-shares-with-equiniti/#.WKTYgW-LTIU

 

Regards,

 

Scott.

Any advice I give is honest and in good faith.:)

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Thanks Maroondevo52. Indeed I did have a look at that earlier but it didn't make that much sense.

 

Puzzles me why they don't just explain and make it simpler.... "Click sell shares in your account. Drag the slider to how many shares you want to sell. It will show how much money you will be paid for them after fee's. Click sell and we do the rest"

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Matthew, I'll 'flag' this up, see if any Site Team can help.

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

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Matthew, don't think there's many share dealers on Cag's Site Team, one suggestion was for you to phone Equinity and ask someone.

 

Could be a plan :)

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

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I have shares in Royal Mail.

 

If i wish to sell i simply phone Equinti and they sell them for you on the day.

They charge a commission fee for the trade of £16.50

 

Do you work for them OD ?

 

Royal Mail I mean.

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

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As i was classed as a good leaver i kept the shares

 

I'm glad they let you keep them, I've also got some but will have to keep them the another couple of years to avoid the Tax deduction.

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

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Yes i can sell them now if i wish and pay no tax orinsurance as i am a good leaver being ill Health retired. I do not have to wait for the five years with the employee share allocation

 

Sound :thumb:

 

matthew, sorry for 'hogging' the thread for a bit, hopefully you will get some more ideas or help shortly, let us know how you get on if you end up phoning them.

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

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Thank you all,

 

So what I did, rather than phone them (seeing as I was determined to do it online as thats what the online account is for) is click again on "Banco San SA EUR0.50 REGD".

 

As it happens, once filling in details on that page its brings me to another page that shows amount of shares I own, how many I want to sell and to get a quote.

 

A timer starts ticking to sell it for the quoted price and I can choose to sell at that point. The quote shows fees (£15), estimate proceeds and everything else.

 

Thanks again

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Good stuff Matthew, thanks for letting us know the procedure.

 

Where are you going on your cruise :)

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

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Not a problem, I like updating with the end result to help others as well. Hahah, I wish, although I might manage a small break out of it considering the weather here doesn't look like it's getting better anytime soon

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