Relisting your shares on the secondary market is designed to be as simple and frictionless as possible. The following steps apply to the process:
Step 1: Login to your account
Step 2: Click on 'My Portfolio'
Step 3: Click 'My Investments'
Step 4: Locate the shareholding you want to sell all or part of and click 'Sell'
Step 5: Read the terms and conditions carefully and tick the box if acceptable to you
Please ensure you pay particular attention to the relisting fees involved.
Step 6: Toggle the monetary value of shares you wish to sell with the '+' and '-' buttons. The number of shares will adjust automatically.
Step 7: Click 'Proceed and Sell my investment' to finalise the transaction
Step 8: Sit tight while the operations team processes your request! We'll contact you at each stage of the sale.
When to expect the return of your funds:
This is dependent upon the demand for your shares from other investors on the Secondary Market. Please note: all transactions are settled on the 1st of the following month.
You have opted to sell your shares in your portfolio section on the 4th of June. These shares then become available on the secondary market for other investors to buy. An investor buys your shares on the 11th of June. This transaction is settled on the 1st of the following month, which will be the 1st of July. You will receive your original funds in your eWallet once the transaction is settled, and the shares have officially been transferred away from you to the new investor.