discodunk wrote:Well ,down to earth with a bump
I'll let you do the sums --
511 shares of national grid
500 shares of British gas,
These are physical share certificates I've seen ,,yet solicitor has said there's only £2000 worth,so not sure what has happened to them,could my father have cashed them in but still have the certificates,
No, that's pretty unlikely. The thing is, it was 511 shares of NG and 500 shares of BG at the time of the certificates.
But in the case of NG there could have been rights issues and/or other corporate actions since then that makes it now a different number of NG shares. In these cases your father should have received a letter explaining what was happening and any options, and possibly inviting him to send in the certificate to get an updated one by return.
In the case of BG Group, that was taken over by Shell in 2016, apparently (on a quick search) for a cash and share offer, so again, he should have received a letter explaining what was happening and asking him to send in the certificate to get a Shell one and some dosh by return.
You need to get hold of the actual certificates (or good photocopies at least) and contact the registrars, at best sending them photocopies of the certificates, to find out what the situation is with the holdings now.
Edit: PS. "For each BG share, investors will receive 383p in cash and 0.4454 Royal Dutch Shell B shares..."
https://www.share.com/stock-markets-and ... d-takeover