Share certificates3 Jun 2023 14:24
Went out to a few pubs last night and actually got chatting to a chap who works in the city, I asked him in a situation like ctag (if it does come off) how do those with share certificates get paid.
He said once your nominee broker is aware of the payment details you contact them first and then send them the share certificate directly, the number of shares are then added to your account (hl, ii, etc) which is the same as a share transfer, when Amit finally pays out your account is credited with the proceeds, quite simple really.
He didn't have enough info to know if it would be taxed as a Dividend or CGT.