J Sainsbury low cost dealing

A low cost dealing service has been arranged with Stocktrade which provides a simple way of buying or selling J Sainsbury shares.

Stocktrade, based in Edinburgh, is the execution-only division of Brewin Dolphin, one of the largest and longest established independently-owned private client investment managers in the UK.

Full details of the service can be found below including the telephone number and the reference number you should quote when you call us.

This is a Telephone dealing service only, available for the purchase or sale of UK listed shares that are in certificated form. If you would like to open a Crest or Nominee account with us, please contact Stocktrade for more details as different charges/rates will apply.

If you are looking to deal straight away then Stocktrade can accommodate you, providing the following criteria is met:

  • You are a UK resident.
  • The shares to be traded are in your name and for a UK listed stock. Please ensure you have the share certificate(s) in your possession to allow you to confirm details of your shareholding(s).
  • You can provide your National Insurance Number and date of birth.
  • You successfully pass an electronic anti money laundering check which is undertaken over the telephone prior to dealing – See below.
  • All purchases must be paid for by Debit Card. Sale proceeds are remitted by BACS.

On completion of the first deal you will be sent a letter containing your Person Code which you will need for any future dealing you may wish to do with Stocktrade. You will also be sent an account opening form. This form should be completed and returned to us at your earliest convenience.

Commission per transaction

Commission Charges

Rate

Minimum

Maximum

Minimum commission will apply on amounts up to

Maximum commission will apply on amounts from

Certificated Account

0.5% (up to £10000) 0.2% thereafter

£17.50

No maximum

£3500

No maximum

Example

If your consideration was £10000 at 0.5% you would pay commission of £50

Example

If your consideration was £20000 at 0.5% (up to £10000) and 0.2% thereafter you would pay commission of £70

Other transaction costs to be aware of are:

UK Stamp Duty is levied on all purchases at the applicable rate e.g. currently 0.5%.

Irish Stocks have Stamp Duty levied on all purchases at the applicable rate e.g. currently 1%.

Other Transaction Taxes may also be levied at applicable rates.

A £1 PTM (Panel of Takeovers and Mergers) levy is charged on all bargains over £10,000.

Online dealing

Online dealing is not available for Certificated accounts. However, once we have received your completed Account Opening Form, you can choose to manage your account online giving you the option to receive statements and contract notes electronically, and allowing you access to our online "Research Centre".

Confirmation of your identity

We have responsibilities under UK anti-money laundering legislation to confirm the identity and permanent address of our Clients. Where you are resident in the United Kingdom, we will undertake an electronic anti-money laundering check of the personal data you have provided. The check will be undertaken via a reputable referencing agency, which will retain a record of this check.

For those dealing from overseas

If you are overseas, the immediate Sharedealing service is not available to you. To use the Stocktrade dealing service you must complete an account opening form. To request this form please call Stocktrade on +44 131 240 0508 and quote 'J Sainsbury Dial & Deal service'.

We regret that we are generally unable to offer any of our share dealing accounts to a United States person. A “United States person” includes a citizen or resident of the United States, or a person in and doing business in the United States e.g. UK resident working in the US. The term “person” includes individuals and all forms of business entities, trusts and estates.

Contact details

Please call 0131 240 0508

Reference to quote 'J Sainsbury Dial & Deal service'

Risk warning

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 a financial adviser.

The directors of J Sainsbury 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.

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.

The value of your investments can fall and you may get back less than you invested

Stocktrade is a division of Brewin Dolphin Limited, which is a member of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority (Financial Services Register reference number: 124444). Registered office: 12 Smithfield Street, London, EC1A 9BD. Registered in England and Wales – company number: 2135876. VAT number: GB 690 8994 69.