New Vodafone Share Dealing Service - Sell 152 Shares or Buy More?

L

llgon

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I got a letter today from Computershare regarding the new dealing service for small Vodafone shareholders. I have the options of selling my 152 shares with a transaction fee of 21c each or buying up to €10,400 worth (less transaction fee and stamp duty) with a transaction fee of €30. The other options given are to do nothing and retain the shares or donate to a UK charity.

Due to the low number of shares I hold I am considering selling them and the offer sounds attractive. However I am also considering buying the full allowance.

My question is whether these fees represent good value, particularly the fee for buying additional shares? Given the publicity involved I am assuming they are, but such assumptions can be wrong.

Thanks
 
I am in the exact same situation as yourself llgon. Quick online search seems to indicate this is good value. instinct is to sell and avail of the good deal. Am a real amateur as far as shares are concerned so open to any advice!
 
Just a polite reminder that we do not allow speculation about share prices on askaboutmoney.

It's fine to discuss the merits of the deal on offer from Voafone.

As a general guide, you should not let slightly reduced transaction costs to determine your decision on whether or not to buy a particular share. If owning Vodafone shares fits into your overall portfolio and financial plan, then by all means use this offer to buy the shares.

Also, as a general guide, it's not a good idea to have a small holding in shares.

Vodafone shares are around £2 each, so a holding of 152 shares is around £300. I don't see any point in having a holding of this size, so if you can sell them for €30, go for it.

Brendan
 
I have got no letter about this, they do not give the detail on their website. I have share in respect of myself 139, wife 139 and three children (68x3). Just want to get rid of them, I think share certificates are now gone?
 
How much have we lost on this Vodafone shares since we purchased the eircom shares. with the dividends we got over the years is there much of a loss
 
RedDevil said:
I have got no letter about this, they do not give the detail on their website. I have share in respect of myself 139, wife 139 and three children (68x3). Just want to get rid of them, I think share certificates are now gone?
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Computershare helpline 0818 300999
 
RedDevil said:
I have got no letter about this, they do not give the detail on their website. I have share in respect of myself 139, wife 139 and three children (68x3). Just want to get rid of them, I think share certificates are now gone?
Click to expand...
 
Well worth your while to search for mislaid share certs. Appears that an extra deduction of €61.60 per shareholder for indemnity,will apply.Cant believe they would deduct an extra €308 fee from 5 seperate small shareholdings. Also, the commission fee is 0.35c per share, subject to max of €42 up to 1000 shares.
 
has anyone an idea of how much we have lost??????? since first buying Eircom shares
 
I do have the Share Certificate but I thought they were no longer valid. Have no idea what I have lost, prefer not to think about. I have not been sent any information and am wondering are others in the same position.
 
RedDevil said:
I do have the Share Certificate but I thought they were no longer valid. Have no idea what I have lost, prefer not to think about. I have not been sent any information and am wondering are others in the same position.
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I am. I have heard nothing from vodaphone about selling them.
 
I've my form sent off. I'll take whatever they give and will happily consign eircom/verizon/vodafone/compushare documentaion to the bin.
 
PaddyBloggit said:
I've my form sent off. I'll take whatever they give and will happily consign eircom/verizon/vodafone/compushare documentaion to the bin.
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Did you get a form sent through the post? I think I signed up for electronic communication from Vodafone years ago because I was fed up recycling the voluminous documents sent every year. But I haven't received any electronic communication re selling shares.
 
I got it in the post. I too, signed up for electronic communication a few years back but you need to fill in a physical one page form - very easy to do as it was well laid out. A return envelope was also included in the letter I received.
 
PaddyBloggit said:
I got it in the post. I too, signed up for electronic communication a few years back but you need to fill in a physical one page form - very easy to do as it was well laid out. A return envelope was also included in the letter I received.
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I didn't receive any post from Vodafone. Is there any other way I could get the form - I'd love to be rid of the tainted Eircom rubbish leftovers.
 
I just got the material for Share Dealing in the post today. So I will have to sell them at a time when the share price is going down.
 
I've also received two letters from Vodafone regarding the selling (or buying) of shares. I'm seriously considering getting rid of my shares (at a big loss too!). The small print states that if a person holds shares in a CREST account they cannot avail of this offer (i.e. to sell shares at the offered rate).

I think I have some (all?) of my shares in a CREST account ...how can I confirm this is (or isnt) the case?
(The forms from Vodafone dont state if my shares are in a CREST account or not)
 
Requested Computershare to sell my Vodafone shares last week. Got cheque this morning. Had 638 shares. Current value €2.7479 per share. Dealing Fee €32, Currency Conversion Commission (!) €26.30. Bottom line - cheque value €1,694.87. Exchange rate 1.12816 (bad timing for me ). Bad cess to Eircom!
 
Can anybody answer my question re the CREST account / selling vodafone shares problem I mentioned above (on 1-3-16)?
 
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