When companies undertake corporate actions, such as splits, mergers, acquisitions or spinoffs, some shareholders can be left with small numbers of shares that are worth less than the amount it would cost to sell them.
By working with ShareGift, we give shareholders the opportunity to donate these shares to charity. ShareGift collates these small donations and sells the combined total.
We also help our clients undertake share dealing programmes, which helps those with smaller shareholdings sell at a discounted rate – as part of this shareholders also have the option to donate any proceeds to ShareGift.
From our work with ShareGift, we're delighted to announce that €1m has been donated to six Irish charities:
- The Community Foundation for Ireland
- Focus Ireland
- The Irish Cancer Society
- The Irish Society for the Protection of Cruelty to Animals
- Youth Work Ireland
ShareGift's system is a simple and effective way of reducing costs to shareholders as well as providing much-needed funding for good causes.
As registrar to two thirds of companies listed on the Irish Stock Exchange, we're proud to be able to offer our clients and their shareholders the opportunity to donate shareholdings to charity.