Equiniti has launched a new service to enable overseas shareholders to receive dividends direct into their bank accounts in their local currency. There are many thousands of shareholders who live outside the UK and for whom a sterling cheque by airmail is surely not an ideal solution.

The key features of the new service include:

• Can be used for dividends up to £15,000 value.
• Available for all shareholders, not just personal holders.
• Distributed via Citibank, who have their own branches/ outlets in each country.
• Sliding fee for shareholders, between £3 and £15 per payment.
• 38 countries, plus more in mid 2008.
• Details and instruction forms available on our retail website www.shareview.co.uk.
• Brochure available for shareholder mailings, with client consent.

For further details, and to discuss how to make your overseas investors ware of the payment service, please contact your Equiniti relationship manager. Note that shareholders who are using the previous ‘TAPS’ service will not be affected – existing TAPS mandates will continue to be honoured.

Equiniti is delighted to announce that we are now able to provide to our clients with a comprehensive new Company Secretarial Service in association with David Venus & Company Ltd, a leading professional independent firm of chartered secretaries.

Recognising that some clients may not have a dedicated Company Secretary available this role is often handled by other key personnel. The range of services now available from David Venus will provide a professional and efficient Company Secretarial service for you, giving you the confidence that the essential secretarial activities are covered.

In addition, David Venus & Company Ltd is able to provide project or short term contract support to suit clients’ individual requirements.

Your Relationship Manager will be pleased to discuss the services and provide further details.

Companies that choose to register in Jersey are able to enjoy considerable tax savings but in order to do so their register of members must be maintained in Jersey by a Jersey Registrar.

The launch of Equiniti (Jersey) Limited now provides a platform from which we can manage share registration for Jersey registered companies without the need for companies to contract with a third party.

Equiniti Jersey offers the same level of service as Equiniti Limited including full CREST and Contact Centre services whilst ensuring it meets the necessary legal requirements for Jersey Share Registration.

Equiniti Jersey has remote access to Equiniti Limited’s mainframe so there is no need to transfer the data records of the register of members, they remain in a secure environment.

The creation of Equiniti (Jersey) has provided us with a business presence in Jersey that will enable us to look towards expanding our offshore product offerings in the near future.