Lost share certificate - want to sell

[jimbouk]

I've managed to lose the latest certificate for some Whitbread shares, have numerous older ones, but not current valid one. Also have my electronic account reference.

Capita want to relieve me of a couple of hundred pounds for a replacement certificate.

Looking sell, so is there any alternative to pay Capita?

[Stuart1961]

You could take out a lost share certificate indemnity, like an insurance policy but I suspect the cost will not be too much different to Capita's charge. The cost is based upon the value of the shares, which from memory is something like 0.25% but there will be a minimum charge of probably £100-£250.

[WindyCommon]

If the value of the shares is in five figures then the charge from Capita looks normal. As the poster above says, an indemnity (a kind of insurance policy against the possibility of someone fraudulently using the "lost" cert in some way) is needed. That is what is driving the Capita cost. I doubt you'll find a way of avoiding this.

[jimbouk]

Many thanks, I'll bite the bullet!