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What is the difference between an Issuer Sponsored
and a Broker Sponsored Shareholding?
Chess holders have entered into an agreement with
a Broker who will buy and sell their shares for them. They will have one
HIN (holder identification number) and all their securities are registered
under this number. The broker will charge fees according to the level
of service they provide. Broker sponsored holdings begin with an X.
Issuer Sponsored on the other hand are securities
by an issuer that are held in uncertificated form without the holder entering
into a sponsorship agreement with a Broker. Every holding has a different
number (SRN - shareholder identification number). Issuer sponsored holdings
begin with an I.
The share registry will process off-market transfers.
No stamp duty is payable.
Who can participate in Off-Market Share Transfers?
Only Issuer Sponsored sellers can participate in
off-market share transfers. If the seller is Broker Sponsored, the transaction
needs to be done through their broker.
Forms are available through the Registry website link. If unsure on any
issue, advice is available through the Computershare call centre on 1800
684 187.
Can the Share Registry perform Off-Market Share
Transfers?
Yes. The appropriate forms are available through the
Registry website link. If unsure on any issue, advice is available through
the Computershare call centre on 1800 684 187.
Can I amalgamate my shareholdings?
Yes. The appropriate forms are available through the
Registry website link. If unsure on any issue, advice is available through
the Computershare call centre on 1800 684 187.
How do I find out details of holdings or about past
transactions including purchase, sale and dividend payments?
You can obtain information on your holdings or view
your account instructions online. Simply click on the Registry website
link in the down load section on the right.
For identification and security purposes, you will
need to know your Holder Identifier (HIN/SRN), Surname/Company Name and
Post/Country Code.
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