What happens if I lose my stock certificate?
If your securities certificate is lost, accidentally destroyed, or stolen, you should immediately contact the transfer agent and request a “stop transfer” to prevent ownership of the securities from being transferred from your name to another’s. … Otherwise, you may have difficulty selling the securities.
As soon as a shareholder realises that a share certificate has been lost, stolen or destroyed, they should contact the company secretary, or directors of the company concerned, both to report the loss and to request a replacement share certificate.
Regardless of the number of shares, a shareholder takes, only one certificate needs to be issued per shareholder for each class of share taken on a particular date. There is no need to create separate certificates for each and every share of the same class if they are issued on the same date.
“Can I sell shares without a certificate?” is a question many shareholders end up asking themselves. The answer is no because the certificate needs to be endorsed to be sold, but you can get your paper certificate reissued.
How do I get an original stock certificate?
The easiest way to get a stock certificate is via a broker, and there’s usually a fee. The simplest way to get a stock certificate today is to ask your broker. If you bought your shares through a brokerage firm, it will have an account with your name and the number of shares you purchased.
How do I replace a lost certificate?
> How to replace a lost KCPE or KCSE examination certificate
- Log into the KNEC portal and click on lost certificate;
- Fill in the details and upload the required documents; and.
- Pay the required fee and collect the certificate at the KNEC offices after 15 days.
(c) In case unlisted companies, the duplicate share certificates shall be issued within a period of three months and in case of listed companies such certificate shall be issued 1[within forty-five days], from the date of submission of complete documents with the company respectively.
First, look for any signs that suggest the stock certificate is still valid. A valid stock certificate bears the name of the beneficiary. Also, all seals and signatures should be undamaged. In other words, there should be no hole punches or stamps over any of the seals or signatures on the certificate.
From 2025, many of your paper share certificates will become meaningless, as share holdings in listed companies will only be recorded in electronic format from then on. No new share certificates for listed companies will be issued from January 2023.
Share certificates can be amended in the following ways: Change of shareholder name. Change of shareholder contact address. Change of company name.