Tuesday, December 15, 2020
We are pleased to announce a new partnership with Jarvis Investment Management (Jarvis) who will be replacing The Share Centre as our preferred broker for auctions. The Share Centre was recently acquired by interactive investor and will soon no longer be opening accounts for Asset Match auctions or accepting buy orders.
Jarvis is one of the leading stockbroking and settlement providers in the industry and will be providing this service via its shareDeal active platform. They will officially be taking over the role at the end of January 2021 but we suggest that investors take the steps below as soon as possible.
To carry on participating in auctions:
- Clients of The Share Centre, with accounts that hold Asset Match traded shares, can transfer their accounts to shareDeal active. This can be done either online or by completing a postal application form and then submitting a broker transfer request form to shareDeal active. Please note that whilst you can leave your account with The Share Centre, they will soon no longer be accepting buy orders. Transferring to shareDeal active will allow clients to continue to both buy and sell.
- Clients of The Share Centre who have submitted share certificates and a certificated selling form will have them returned and can open an account with shareDeal active either online and sending your certificate by post with a completed CREST transfer form or by completing the Asset Match Certificated Selling Pack.
- New auction participants who wish to buy Asset Match traded shares and who do not already have an account with The Share Centre (or another broker that can deal in Asset Match traded shares) can open an account with shareDeal active either online or by completing a postal application form.
- New auction participants who wish to sell Asset Match traded shares and who do not already have an account with The Share Centre (or another broker than can deal in Asset Match traded shares) can open an account with shareDeal active online and send your certificate by post with a completed CREST transfer form. Alternatively, you may use the Asset Match Certificated Selling Pack.
If you have any questions about these changes of the steps required, then please contact our team by emailing email@example.com or calling +44 (0) 20 7248 2788.