Capita Share Dealing Services
Sell now
If you want to use the 'Sell Now' option (known as 'At Best'), the system then requests live quotes from a number of Retail Service Providers ('RSPs') for the price per share you will be paid if you sell. The best price returned will be highlighted on the screen. Quotes on the dealing screens are always in pence or euro (depending on whether you are a shareholder in the UK or Ireland) so you should be careful if you're trading shares originally quoted in another currency. We may need to seek documentary evidence of your identity. You will be told if this is required. We will not be able to complete the transaction until the requested documents have been received and validated.
Once you have clicked on 'Get Quote' you will have:
- The Sell Now price
- The Deal Quantity - this is either the number of shares you entered at the last step, or a calculated figure based on the amount you wished to raise.
- The Deal Value - this is the sell price multiplied by the number of shares you wish to sell, less charges. This will be the amount of your sale proceeds cheque.
- The commission charge you will pay on the deal
You will then have a limited time to place an order to deal. The quote will expire after 15 seconds. If you are not ready to deal, you can either allow the quote to expire, cancel the order or go back and make any necessary changes before obtaining another quote. If you wish to place the order you should click 'Accept Deal' before the time is up. This action is irreversible.
When you accept the deal you are offering to sell your shares at the stated price. The offer is accepted when you receive a message on the next screen confirming the details and that your order has been accepted. A contract note will be sent to you in the post the day after the trade has been executed. At the same time, if you have traded in a Capita Administered Company, your account details page will be adjusted to reflect the transaction. If you want to view past transactions in a non-Capita Administered Company you will need to login under the same Capita Administered Company name as before and then select the relevant non-Capita Administered Company in which you have dealt in, in order to see all past transactions.
