How to sell royal mail shares equiniti

Tuesday 15 October If you bought via gov. If you haven't had your email, you run the risk of "selling shares for which you have not received an allocation", according to the government. Assuming you've had your email, right now. So-called unconditional dealing in Royal Mail shares began on Tuesday 15 October.

If you bought through the paper application forms made available at the Post Office, the government's intention is that you will hear by 21 October.

Again, you cannot trade the shares until you have been notified of the allocation. The cheapest and easiest way for most small shareholders with just the minimum allocation will be through a temporary and low-cost, telephone-based automated system run by a company called Equinitiwhere the charge is 0.

But you need to be aware that you can only sell your entire holding via this service — you can't use it to sell just some of your shares. Perhaps more crucially, you won't know the exact price at which you are selling, as the sale instructions will be parcelled together and dealt with in intervals. So instructions received on a business day by 9am will be sold by 11am, those received by 1pm will be sold by 3pm, and those received after 1pm will be sold by 11am on the next business day.

There is no need to register or open an account, and how to sell royal mail shares equiniti service is available 24 hours a day.

Those who use stock traders almanac app service to sell their shares will receive a cheque within days. This facility will be available until lunchtime on 8 November. A postal dealing service, again run by Equiniti, is also available during this period.

You will need a postal dealing form. There should be one included with the confirmation of your allocation, or go to shareview. Those wishing to sell all their shares simply need to sign the form, add their date of birth and return it. However, you will need your shareholder reference number.

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Market research firm Verdict says share profits will contribute to increased spending as shoppers feel that 'things are improving'.

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Managing your shares

Our guide for investors explains the next step of the process, including the cheapest and easiest way to sell your holding. When can I sell my shares? How do I sell?

How do I sell my Royal Mail shares? | Money | The Guardian

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Share dealing for Royal Mail plc

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