Replacing a lost share certificate
July 21, 2009 10:27 PM Subscribe
How can my British friend sell Ryanair shares when the stock certificate is lost?
posted by anadem to Work & Money (6 answers total) 3 users marked this as a favorite
My friend has a couple of thousand pounds worth of shares in Ryanair which she wants to sell, but she can't find the stock certificate. She bought the shares through her bank maybe seven years ago (possibly in 2002 but that's only approximate, and it might be as little as four years) but the bank says they have no record. It's probably too small a holding to interest a stockbroker, but it's a significant amount to her, and needed for university. The certificate was lost in the last three or four months, if that makes a difference; she had it in March.
What's the best way to get into a position to sell the shares? Is a replacement certificate obtainable and if so how? I'm assuming the approximate details she currently has are not enough to make a sale possible.
RyanAir have been sending annual reports to my friend, at her Cambridge, U.K, address, though she moved a few months ago. Would Ryanair have a record of the shares she owns, and if so how would she get confirmation?
(An added complication is that neither she nor I are in Europe at present; she'll be back in England mid-August but hopes/needs to get things moving before then.)