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Syteanric

how do i cash in club shares?

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I have 4 shares in the club (the ones that were first on sale when we bought Hucks, the £100 ones) and want to know how to get rid?i gather i need to contact the club but is there a specific department or should i just fire off an email? can i sell them for the £100 to a mate then transfer the certificate in his name?

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[quote user="jas the barclay king"]I have 4 shares in the club (the ones that were first on sale when we bought Hucks, the £100 ones) and want to know how to get rid?

i gather i need to contact the club but is there a specific department or should i just fire off an email? can i sell them for the £100 to a mate then transfer the certificate in his name?
[/quote]

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jas, you need a transfer of ownership form. This has to be a formal process, because the new owner must be registered with the club. Probably the person to ask at the club is Sam (as in Samantha, I think) Gordon, the finance director. If it''s not her she will know who it is.

The other point is that the asking price is now £30 a share. That doesn''t mean you have to ask that much (although you could ask more...) but it is the current price for new shares.

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[quote user="jas the barclay king"]I have 4 shares in the club (the ones that were first on sale when we bought Hucks, the £100 ones) and want to know how to get rid?

i gather i need to contact the club but is there a specific department or should i just fire off an email? can i sell them for the £100 to a mate then transfer the certificate in his name?
[/quote]

Try Barratt and Cooke on London Street (between Opie St - [off Castle Meadow] and Bank Plain) . If you are not already a client of theres you may be required to take in two pieces of ID. May I suggest you give them a telephone call first.

I hope that helps.

 

 

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