This information is not, and should not be considered to be an invitation or solicitation to enter into any investment business with Stocktrade. Before utilising Stocktrade Services you must satisfy yourself that by doing so you will not be in breach of any local regulations. We will not be liable for and you indemnify us against any consequences arising from any breach caused by you. If you are in any doubt you should seek independent legal advice.
A low cost dealing service has been arranged with Stocktrade which provides a simple way of buying or selling LMS Capital plc shares.
Full details of the service can be found below or by calling 08456 010 995 (non UK +44 131 240 0414) and quoting reference Low Co0236.
Commission will be 0.5%, subject to a minimum of £20. Please note that UK share purchases will be subject to 0.5% stamp duty. There will also be a PTM (panel for takeovers and mergers) levy of £1 for single trades in excess of £10,000. This applies to both purchases and sales.
If you are buying shares you will be required to pay for your transaction at the time of the deal by debit card and you should ensure that you have sufficient cleared funds available in your debit card account to pay for the shares in full. Stocktrade can accept Switch, Visa Delta, Connect and Solo.
Callers from overseas who cannot make payments for purchases via debit card at the time of dealing will be required to arrange for cleared funds to be in the hands of Stocktrade prior to dealing. To arrange this you should contact the number previously mentioned and ask for advice on how to make payment.
If you are selling shares cleared funds, net of all costs, can be credited directly into your bank account, normally 10 days after the date of sale (please have your bank account details i.e Sort Code and Account Number available when you call). An extra charge of £3 will be made if you require a cheque payment.
For payments outside the UK the remitting bank will make a charge of approximately £25, which will be to the account of the seller.
Please note that the currencies in which Stocktrade will make payments are restricted to US Dollars, Euros and Sterling. The receiving bank may also make charges for receiving payments from overseas.
This service can only be offered to those shareholders who have either a CREST account or to those that have opened an account with Stocktrade. To find further information on the Internet Sharedealing Service and the commission/charges applicable to it please visit the Stocktrade homepage.
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Please note in order to comply with the UK Money Laundering Regulations 2003 we have an obligation to verify the identity and permanent address of our customers, you may be required to provide certain personal details to Stocktrade prior to any sale or purchase of shares.
We may undertake an electronic Anti-Money Laundering check of the personal information you have supplied to us. The check will be undertaken via a reputable referencing agency, which will retain a record of this check.
As with UK shareholders, it will be necessary for Stocktrade to satisfy the Money Laundering Regulations before shares can be bought or sold but unlike UK shareholders it will not be possible to do this by electronic checks. You will be required to provide certain documents to Stocktrade, full details of which will be advised to you.
The value of your investments and any income from them may fall and you may get back less than you invested. Stocktrade cannot provide advice about the suitability of this service or about any investments. If you have any doubts about the suitability of this service you should contact an appropriate financial adviser.
The directors of LMS Capital plc are not in any way seeking to encourage shareowners to either buy or sell shares. If you are in any doubt as to the action you should take, you are recommended to seek your own financial advice from an independent financial adviser authorised pursuant to the Financial Services and Markets Act 2000 or other appropriate financial adviser.
The sections of this web page referring to the sale of your shares have been approved in accordance with s21 of the Financial Services and Markets Act 2000 by Brewin Dolphin Ltd.