MrFlibbleUK

Hi guys,

Just a quick question...hoping someone can help as I feel I have been running around banging my head against a brick wall trying to sort this out....

I have some share certificates for a company in the UK that is listed on the AIM market. I have altered the shares so that they are registered to my Australian address (was told I had to do this by ComputerShare in the uK)..I am finding it a nightmare to try and sell the bleedin' things!! I have been told by a few of the online places that they dont deal with the AIM market in the UK......

Would really really appreciate any help anyone can give.

Cheers

MrFlibbleUK

Blimey....slippin faster than a slippy thing..on.a..erm...very slidey thing. Thought I would bump it back to the top again.....

sion

just thought I would jump in, I am in the same boat regarding shares

anyone out there that can help

MrFlibbleUK

If I find out anything I will let you know (just found out that ComputerShare have an office in melbourne...might give them a ring)...would appreciate it if you find out anything you could let me know.

Cheers

walaj

we have shares, but are FTSE 100 companies. The share certs are held with Hoodless Brennan and when we come to sell it can be done on line.

Have a check with them to see if they do AIM shares

Rudi

We have a financial adviser in the UK who handles this sort of thing for us. I am completely clueless with this sort of thing!! He sends me regular reports on stuff and I know if I wanted to sell things he could organise that. He's someone my parents have used for years so I have trusted their judgment when I decided to leave things with him

Is there someone you could contact in the UK like this?

Rudi

Fardell

Good news is that it can be done from Australia .. use the contact form at www.exfin.com ... but the bad news is that it's a bit pricey. I think the fees were around 1% local brokerage plus about AUD90 for UK costs, whatever they are. I am sure you could do it through a UK broker by "snail mail" for less - I guess it depends how much the shares are worth and what your time frame is.

Cheers

marco121068

Set yourself up with an account with TD Waterhouse. I deal in AIM shares no problem.

Fardell

I've got a feeling you are in the UK :-) My understanding, or maybe things have changed recently, is that you cannot be a member of the online share sites in the UK if you are not a resident of the UK. I would love this to be wrong, dealing in foreign shares from Australia is ridiculously expensive.

Teliko21

Unless your dad is a stockbroker in the UK

marco121068

I asked them this question 6 months or so ago and after checking with someone said it wasn't a problem.

Fardell

Using your father could be considered as "cheating" - particularly if they funded any purchases?? For some reason I can't access the tdwaterhouse.co.uk site at the moment ... typical!

Internaxx is also another alternative - great range of exchanges - but expensive unless your volume/trading frequency is high.

marco121068

Yep - seems to be down at the moment.

Fardell

Anyone trading might be just a little peeved, I'm glad to know it's not just me who is locked out of the TDW site. The MSN cache suggested there was something available, I guess we will just have to wait and see. I was declined by 3 sites in the UK about 12 months ago because of "non-residence", so it might be an attractive option.

I'm not sure it's a practical option for people in Oz with a few shares to sell though, unless they want to regularly trade. They would have to establish an account, inject some funds, need to have a UK bank account (I assume) and somehow "transfer" their current shares into the account (not always easy) - before selling them. Call me old fashioned, or lazy .. and it has happened .. but sometimes I just want to talk to a broker, stuff my certificates in an envelope and let them deal with the cr*ppy paperwork.

Cheers

marco121068

It's a doddle to transfer stock in. Just print off a CREST transfer form from their site - fill it in and send it with your cert. A week or so later stock is added to your account. REALLY cuts down on the paperwork. Just wish I'd done it years ago!