As part of Computershare’s ongoing efforts to streamline the stock transfer experience for shareholders, beginning mid-February, we will offer shareholders the option to process their transfers without a medallion stamp by providing a copy of a government issued identification and enclosing a processing fee of $50. This service will only be offered to US shareholders (and only those with account values of $10,000 or less).
of the biggest challenges for shareholders is obtaining a medallion signature
guarantee stamp as part of the transfer process. One leading bank has announced that it will no longer provide medallion stamps. As a result of the convenience of Computershare's alternative, we believe more and more shareholders will want to take advantage
of this option.
Investors will continue to have the option to seek a traditional medallion stamp on their own, but this offers a convenient alternative to those not wanting to venture out to secure the stamp or those who find obtaining one to be difficult.
We will actively monitor our experience with this offering and evaluate its administration on an ongoing basis.
Computershare clients who have any questions about this service should contact their relationship manager.