Nickmayers
New Member
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I want to sell shares I have in Flutter. These shares were transferred to Computershare in USA when dual listing took place in early 2024. Computershare say they can’t sell the shares for me and I need to transfer them to a broker in the UK somehow and the is proving impossible. From the little I can understand in their info, I need to fill in the E294UTR form and get something called a Medallion signature guarantee, so the shares can then be transferred to a registered “DTC Participant”. The form is very complicated and I may not have fully understood it. And then the W-8BEN which is by comparison not so difficult.
Apart from the medallion issues, DTC seems to be a list of huge US based corporate stockbrokers, none of whom would be interested in a small UK based retail investor. I have spoken to a number of UK stockbrokers and they all tell me they aren’t able to accept a share transfer like this. Most have never heard of DTC. So, I am unable to fill in the form as I don’t have a DTC number to quote.
Have any other Flutter shareholders got experience of this please?
Apart from the medallion issues, DTC seems to be a list of huge US based corporate stockbrokers, none of whom would be interested in a small UK based retail investor. I have spoken to a number of UK stockbrokers and they all tell me they aren’t able to accept a share transfer like this. Most have never heard of DTC. So, I am unable to fill in the form as I don’t have a DTC number to quote.
Have any other Flutter shareholders got experience of this please?