BAE Systems SHAREport Dealing Service
We provide a telephone share dealing facility for BAE Systems plc shareholders who hold shares in a SHAREport account. You may sell some or all of the shares held in your account through the WH Ireland telephone share dealing service at a preferential commission rate.
Commission
Commission charges levied on the sale of shares in BAE Systems plc held in a SHAREport account are:-
1% on the first £5,000 of sale proceeds
0.25% on any excess
Subject to a minimum charge of £25.
PTM Levy
A flat £1 levy on transactions over £10,000 in value is payable to the Panel on Take-overs and Merger.
Foreign Payments
Should you require your settlement proceeds to be paid to an overseas bank, any related charges will be deducted from the payment. Please note that there may be a slight delay in crediting your account depending on the time it takes for the receiving bank to process the payment. Please call the helpline for further information
How to use the service
Please telephone 0845 603 1470 (+44 113 244 2710 from overseas) and quote the BAE Systems SHAREport Telephone Dealing Service. Please have your SHAREport account number to hand together with your bank account information.
Once we have taken your instructions and sold your shares, a contract note confirming the details of the transaction will be mailed to you, normally within two working days of the sale taking place.
On settlement day, payment of the net proceeds will ordinarily be made via the BACS system direct into your bank account. Please note that we are unable to transfer funds into a building society account using this method. Payments via the BACS system usually take 2 working days to clear into your account and we can only make payment into an account bearing the same name as the SHAREport account holder.
Download the Terms and Conditions (PDF)