Download and print a One-off Sale Requirement Form from the list below. A
Requirement Form must be competed and supplied before a sale can take place.
Complete your shareholding details on the Requirement Form and supply the
specified identification documents.
Send the Requirement Form and your identification documents to Direct Broking
by post - we cannot accept faxed or emailed copies.
Your Requirement Form and identification documents will be verified by Direct Broking in accordance with our NZX and ASX compliance obligations.
PLEASE NOTE: this can be a lengthy process and you should make allowances for a
delay before your shares are sold.
If your form and identification documents are correct you will be contacted by
Direct Broking by telephone, after which your shares will be sold at the
prevailing market price.
After the sale has been completed, Direct Broking will send written
confirmation of the sale to your registered address and the proceeds of the
sale will be credited to a bank account in the name of the Estate or
Solicitor's client trust account at the completion of the specified
settlement day.
Conditions
Please take note of the following conditions:
Your shares will not be sold until you are contacted by Direct Broking after
the receipt and approval of your requirement form and identification documents.
A One-off Sale Requirement Form must be completed and supplied before a sale
can take place.
A One-off Sale can only be conducted by someone who is not an existing Direct Broking client.
You can conduct a One-off Sale via Direct Broking once only.
All one-off sales are conducted in accordance with NZX Rules and Direct Broking'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.
