Telecom shareholders wishing to sell shares next week would do well to shop around when considering which stockbroker to sell through, with some variation in charges by the different firms and some special deals.
BCP stockbrokers are levying a charge of £20 on amounts up to £2,000 with an additional settlement charge of £12, while for transactions in excess of £2,000, the commissioner charge will be 1 per cent. Goodbody stockbrokers' charges on amounts up to £4,000 are £10. For those selling stock above that level the charge on the excess amount will be 0.825 per cent - a discount of 50 per cent on the normal commission level. They are also offering a similarly-priced dealing service in all AIB branches.
Davy Stockbrokers are charging £12.50 on amounts up to £4,015 and 0.825 per cent on sales above this level. ABN AMRO will charge the customer £17.50 on amounts up to £4,000 or 0.825 per cent on amounts over the limit.
Bloxham and NCB stockbrokers are set to announce their rates today or on Monday. Nominee shareholders can trade their shares from the middle of next week.