CREST is a method for significant shareholders to hold their shares in dematerialized
form, rather than retain paper share certificates. If you think that you
could benefit from using a CREST account you should discuss the issue with
your broker, George Wimpey does not have a sponsored Corporate Crest nominee account
available for private shareholders.
To transfer your George Wimpey shares to another person, you will need to
submit a Stock Transfer Form duly completed with the Stamp Duty paid to
the registrars, your broker or another professional advisor who can assist
you with the paperwork.
This is a description, sometimes abbreviated to "xd" that is often
quoted next to a share price. It translates as "without dividend"
and means that the next dividend is not included in the price of the share.
This is necessary because the dividend is paid to all shareholders who were
on the register at close of trading on a specified day. Any shareholder
buying shares who is registered after this day will not receive the dividend.
To compensate for this the market price usually drops by the amount of the
dividend payment and the description "xd" is added to share price
quotations to confirm that this has happened.
Your dividend will usually be paid by cheque from the registrars, however
you can elect to have the sums paid direct to your bank account. If you
wish to set up a mandate, please contact the registrars on 01903 502541
or use the form attached to your next dividend payment. If you do have your
dividend payment paid direct to the bank you will continue to receive a
Tax voucher direct from the registrars.
Basic rate tax is automatically deducted from your payment, however if you
complete a tax return you should declare the amount of each dividend payment
and the amount of tax deducted so that the Inland Revenue can assess your
The Annual General meeting or AGM is a meeting held by all companies once
a year that all shareholders are invited to. At the AGM the board of directors
will present the report and accounts to the shareholders, and answer any
questions that you may have. You will also be asked to approve certain items.
You do not need to attend, but private shareholders are very welcome. If
you do not attend you may wish to complete a proxy form so that your vote
can be included with the views of others when approvals are sought.