Legal & General Group Plc shares can be held electronically in the Legal & General Electronic Share Service ("the Service").
You can find more information on the Service in the Legal & General Electronic Share Service Booklet (PDF 214 kb). This booklet also sets out the terms and conditions under which shares are held.
These terms and conditions were amended on 1 November 2007(PDF 31 kb) by MiFID.
The five share dealing providers who are linked with the Service are detailed in the booklet. You can find information on charges and rates in the Current Commission Terms (PDF 28Kb).
How do I join the service?
You can open an account by transferring your share certificates into the Service. These shares will be held in your name and registered in the name of Equiniti Corporate Nominees Limited.
To open an account you will need to complete Form D2 (PDF 85Kb). Complete the relevant boxes and send the form together with your share certificate(s) to:
Equiniti LimitedAspect House
Spencer Road
Lancing
West Sussex
BN99 6DA
Can I transfer shares to another person?
To transfer shares held within the Service to another person you will need to complete a Form A, which can be obtained in writing from our Registrar.
If the recipient already has an account with the same name and address, the new shares will be added to their existing holding. Alternatively, if the recipient requires a paper certificate, you need to complete a Form B, which can be obtained in writing from our Registrar.
Please note that transfers may be subject to UK tax. In the same way that Stamp Duty applies to paper based share transfers, SDRT applies to share transfers occurring in a paperless environment. Please refer to the explanatory notes on Stamp Duty Reserve Tax (SDRT) on the transfer forms. Further information about stamp duty exemptions is given in chapter 2 of the Stamp Office Manual, which can be found at http://www.hmrc.gov.uk/so
Can I switch back to a paper share certificate?
You can exchange your holding in the Service for a paper share certificate. To do this you need to complete Form C (PDF 82Kb).
The fee for transferring shares out of your Legal & General Electronic Share Service account is £10 plus VAT). Please send completed form, with the transfer fee to Equiniti Limited at the address above.
What should I do if I want to transfer my shares to another nominee?
You can always move your shares into another nominee service run by a stockbroker or other custodian who offers an Electronic Share Service.
If there is no change in beneficial ownership, you can transfer your shares out of the Service to another nominee. The fee for this is £10 plus VAT. To do this you need to complete Form E (PDF 82Kb).
Download forms
= add file to Briefcase
| Form title | File type |
|---|---|
| Electronic Share Service Booklet | PDF 215 KB |
| Amendments to terms & conditions | PDF 31 KB |
| Current Commission Terms | PDF 27 KB |
| Form C | PDF 81 KB |
| Form D2 | PDF 86 KB |
| Form E | PDF 81 KB |
