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ANSWER 12th January 2010
Hi Christine,
These CDIs (Crest Depository Instruments) are a pain at the best of times! I assume you have spoken to the Registrars and received the answer as stated in your question. I also assume you haven't got dual nationality?

You could possibly transfer these CDIs to another Authorised Depository in the States but that may create problems. Or maybe you could transfer them to a friend/relative in the UK and sell them that way.

I must admit I am struggling a bit here! If you like I will contact the Registrar tomorrow and try and find the answer. Perhaps you could contact me directly via our contact page with as many details as possible and I will investigate.

Update: 4th February 2010
If you are an overseas holder of Santander you cannot use their share dealing service over the telephone. You have to use the postal dealing service. Apparently you need to write to Santander and request a postal dealing request form. Complete this and send it back with the certificate (and possibly a cheque) and they will sell the share and remit the proceeds to you.

Readers Comments

Mrs
Nancy Peters
February 2, 2010, 4:40 am
I am in the same situation except I am an Australian resident and would like to find a way to sell 100 Santander shares and 100 National Grid shares.

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