I have lost my certificate; can I still sell my shares?
No, not without a certificate. You will need to contact the company Registrar and advise them the certificate has been lost. The Registrar will start the proceedings to issue you with a replacement certificate.
A Letter of Indemnity is given upon request from the Registrar. Written confirmation is required, including:
- the name of the company involved
- the full name and address of the shareholder(s)
- (if in possession) the certificate number
You will be required to complete the Letter Of Indemnity and return it to the Registrar with the elevant fee. A new certificate will then be issued to the registered name and address of the shareholder.
Registrars may charge a fee to issue a replacement certificate.
The Letter Of Indemnity itself cannot be used to take the place of a lost certificate or to facilitate the settlement of a sale.
The function of a Letter of Indemnity Form is to to replace a lost, stolen or destroyed share certificate and cover the registrar against insured risks - associated with replacing the certificate.
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