How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • Go back-and-forth until satisfied
    Rate the answer you receive.
Ask bigduckontax Your Own Question
bigduckontax
bigduckontax, Accountant
Category: Tax
Satisfied Customers: 7200
Experience:  FCCA FCMA CGMA ACIS
75394688
Type Your Tax Question Here...
bigduckontax is online now

Are British Leyland share certificates worth anything

This answer was rated:

are British Leyland share certificates worth anything

Hello, I am one of the experts on Just Answer and pleased to be able to help you with your question.

 

They might well be, here is the guidance from Hargreaves Lansdown:

 

'In 1978, British Leyland became BL and in 1986 was renamed Rover Group. It was then acquired by British Aerospace in 1988 for £1 a share or you could have one British Aerospace share for every 4.93 Rover shares held.

 

British Aerospace, now known as BAE Systems, split one into four shares in 1998. These shares are still valid today, trading at around 449p.

Assuming you have not sold your shares or acquired additional ones through scrip dividends - where you take new shares rather than cash dividends - you should have 812 BAE shares worth about £3,645.

 

To confirm your holding, contact Lloyds TSB Registrars at The Causeway, Worthing, West Sussex. BN99 6DA or call 0870 600 3989.

bigduckontax and other Tax Specialists are ready to help you

Thank you for your support.