Liquidators/ Administrators
We take shareholdings regardless of value, even if there is no prospect of future returns.
We solve the problem of unwanted shares
Unwanted shareholdings which are in liquidation and administration can be particularly problematic.
Individuals may wish to dispose of these for a number of reasons, however there is no obvious way to exit the position. They can frequently cause issues in deceased estates, where the costs of administering or transferring holdings far outweighs any potential returns.
Reducing administration costs
ShareGift is able to accept these shares regardless of value, and can be named as the “transferee of last resort” when the register is closed to other transfers. One high-profile example of this was the administration of Railtrack (RT Group) where ShareGift facilitated thousands of individual transfers from shareholders and deceased estates resulting in significant administrative savings.
We can also accept residual cash entitlements.
