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BAT shares. I need help.
hello
#1 Posted : Saturday, April 23, 2011 1:38:46 AM
Rank: Member


Joined: 6/11/2008
Posts: 257
My grandfather passed away 7 years ago. Couple of months ago I received one letter (on my grandfather’s name) in our post saying that he (my grandfather) should send his email address, full names as they appear in CDSC account together with his national id/passport number to BAT to allow them for electronic transfer payment modes for dividend (Article 125), and notification to shareholders via the electronic and print media (Article 136).

My grandfather never mentioned about his shareholding in BAT and I m sure he never had CDSC account.

I need to know how many shares he has in BAT, What options I have? How do i start investigations?


Thanks in advance.
I want to be a millionaire.
guru267
#2 Posted : Saturday, April 23, 2011 6:57:04 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
You should go personally to CDSC and give them your grandfather's details.
They have details of shareholders even without a CDSC account.
If you are his next of kin then this will be easy...
Make sure you have his Id your Id and his death certificate...
From there on I think it should be smooth sailing...
Mark 12:29
Deuteronomy 4:16
Gordon Gekko
#3 Posted : Saturday, April 23, 2011 9:02:17 AM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
I don't think it is that simple. There will be the matter of the letter of administration which I presume is out already. If the court determined you to be the administrator then OK, but I guess not as you must be way down the totem pole - there is your father and his siblings above you.
sparkly
#4 Posted : Saturday, April 23, 2011 11:29:34 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@hello the letter must have been from the share registrar. Talk to them, find out how many shares your grandfather had. You might need to immobilise the shares. Obtain letters of admin or grant of probate, have shares transferred to the personal rep. Remember to collect the uncollected div, must be a chunk for the 7 years
Life is short. Live passionately.
hello
#5 Posted : Sunday, April 24, 2011 10:45:09 AM
Rank: Member


Joined: 6/11/2008
Posts: 257
Thanks guys thanks a lot. At least i know where to start from. In case of any difficulty i will get back.
I want to be a millionaire.
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