| 1. |
To sell New Zealand shares, provide your shareholder number and the
associated FIN.
To sell Australian shares, provide your Security Reference Number (SRN).
To sell certificated UK shares, provide the original share certificate and a
signed share transfer form.
Please note that US shares cannot be sold on a one-off basis. |
| |
| 2. |
Direct Broking will confirm the balance of your shareholding and sell
the shares at the current market
price, unless you have requested a specific price
limit. |
| |
|
| 3. |
Direct Broking will send written confirmation of the sale to you; detailing the
quantity, the price
per share, the deducted brokerage cost and the total
proceeds you will receive. |
| |
|
| 4. |
To complete the transaction you must send photo identification and bank account
identification,
in the name of the registered shareholder(s), to Direct Broking. See below for
requirements. |
| |
|
| 5. |
Upon receipt of the specified forms of identification, proceeds from the sale
will be credited to a
bank account in the name of the registered shareholder(s) at the completion of
the specified
settlement day. |
| |
| |
CONDITIONS |
| PLEASE TAKE NOTE OF THE FOLLOWING CONDITIONS: |
| |
- A One-off Sale can only be conducted by a shareholder who is
not an existing Direct Broking client.
- The shareholder(s) can only conduct a One-off Sale (via Direct Broking)
once.
- When selling shares
as part of a One-off Sale the entire holding must be sold
and no shares retained. |
| |
| All one-off sales are conducted in accordance with NZX Rules
and Direct Broking Limited's Client Agreement General Terms and Conditions
. |
| |
If you have conducted a one-off sale with Direct Broking before and
you have further shares to sell, you must become a registered client.
> Download an application
form. |
| |
| |
ONE-OFF SALE IDENTIFICATION REQUIREMENTS |
| Please refer to the guidelines below to confirm the one-off
sale identification
requriements. |
| |
| (Simply click on the appropriate link to download the PDF guidelines) |
| |
|
|
