| Scottish Hydro share certificates. [message #386822] |
Fr, 12 Mai 2006 19:22 |
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I find that my wife still has Scottish Hydro share certificates. I presume
that they should have been replaced with Scottish and Southern Energy ones
many years ago. Her dividends still arrive OK.
Derek.
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| Re: Scottish Hydro share certificates. [message #386836 ] |
Sa, 13 Mai 2006 00:41 |
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Maybe, but share certificates are not always reissued when a company
changes its name. Check with the Registrar.
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| Re: Scottish Hydro share certificates. [message #386844 ] |
Sa, 13 Mai 2006 11:50 |
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<dtren [at] my-deja.com> wrote in message
news:1147473674.960602.67070 [at] j33g2000cwa.googlegroups.com...
> Maybe, but share certificates are not always reissued when a company
> changes its name. Check with the Registrar.
>
We have had no reason to look at the share certificate for years until we
decided to put our paper shares into nominee accounts. From the dividend
records the name was changed around 1999. Even by the present standards of
Royal Mail this is a late delivery if new certificates were issued.
Derek.
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| Re: Scottish Hydro share certificates. [message #386874 ] |
Sa, 13 Mai 2006 23:42 |
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dtren [at] my-deja.com wrote:
> Maybe, but share certificates are not always reissued when a company
> changes its name. Check with the Registrar.
But wasn't this following the merger with Southern Electric rather than a
simple name change?
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| Re: Scottish Hydro share certificates. [message #386960 ] |
Mo, 15 Mai 2006 10:49 |
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"Derek F" <lordpilrig [at] NOXbtinternet.com> wrote in message
news:GNydnVG8Z5JBNvjZRVny2w [at] bt.com...
>
> <dtren [at] my-deja.com> wrote in message
> news:1147473674.960602.67070 [at] j33g2000cwa.googlegroups.com...
> > Maybe, but share certificates are not always reissued when a company
> > changes its name. Check with the Registrar.
> >
> We have had no reason to look at the share certificate for years until we
> decided to put our paper shares into nominee accounts. From the dividend
> records the name was changed around 1999. Even by the present standards of
> Royal Mail this is a late delivery if new certificates were issued.
> Derek.
>
>
I still have my old SH share certifictaes and no sign of any new ones.
If you find out can you post the answer here please (as I am thining of
selling them later this tax year)
Is there any government backed compensation scheme if a nominee should run
off to Brazil with all your shares ???
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| Re: Scottish Hydro share certificates. [message #386970 ] |
Mo, 15 Mai 2006 12:52 |
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"Miss L. Toe" <missltoemissltoe [at] hotmail.com> wrote in message
news:446840e4$0$16329$892e7fe2 [at] authen.yellow.readfreenews.net...
>
> "Derek F" <lordpilrig [at] NOXbtinternet.com> wrote in message
> news:GNydnVG8Z5JBNvjZRVny2w [at] bt.com...
>>
>> <dtren [at] my-deja.com> wrote in message
>> news:1147473674.960602.67070 [at] j33g2000cwa.googlegroups.com...
>> > Maybe, but share certificates are not always reissued when a company
>> > changes its name. Check with the Registrar.
>> >
>> We have had no reason to look at the share certificate for years until we
>> decided to put our paper shares into nominee accounts. From the dividend
>> records the name was changed around 1999. Even by the present standards
>> of
>> Royal Mail this is a late delivery if new certificates were issued.
>> Derek.
>>
>>
>
> I still have my old SH share certifictaes and no sign of any new ones.
> If you find out can you post the answer here please (as I am thining of
> selling them later this tax year)
>
> Is there any government backed compensation scheme if a nominee should run
> off to Brazil with all your shares ???
>
>
I phoned the registrars this morning and their explanation was that new
certificates had been issued after a bonus issue and that they did not want
the expense of issuing new certificates "that might get lost" after the
merger. In fact the bonus issue was in June 1994 just before we moved house.
My wife's share certificate have the old address on them.
Derek.
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