How do I transfer Telephonetics plc shares?
You do not always need to use a bank or stockbroker to buy and sell shares. If the buyer and seller agree between themselves, they can transfer shares off market by using a stock transfer form, which must be sent to the Registrar, together with the share certificates. This method is frequently used in cases where no stamp duty is payable, such as gifts of shares (perhaps to relatives or charities) or on the distribution of an estate. Where stamp duty is payable, the completed transfer form must be sent to an Inland Revenue Stamp Office and the duty paid before the form can be forwarded to the Registrar.
