BrewDog held a Trading Day on 31/1/19 using Asset Match and The Share Centre.
The settled price was £15.00 per share.
To give folk an idea of what that price really means, I have created this calculator.
You can enter a number of shares to buy or sell , and it will tell you what the actual price per share was that buyers paid and sellers received.
The UK prices below are for UK citizens with their shareholding registered at a UK address. The non-UK prices apply to everyone else.
It can be seen how for smaller trades, the actual prices are very different.
Buyers paid Stamp Duty Reserve Tax of 0.5% on all purchases, 3% Commisssion in fees (subject to a minimum of £20.00), and an additional £25.00 to realise the shares in their ComputerShare Account.
Leaving the shares with the Share Centre costs £1.80 per month.
Sellers also pay 3% Commisssion in fees (subject to a minimum of £20.00).
If you are not a UK citizen, or have dual nationality, or are living outside the UK and have your shares registered there, then you probably had to employ a third-party broker to be able to buy or sell.
The additional costs of fees I have used above are an example only, as different brokers charge different fees.
I have used a fee of 1.65% subject to a minimum £50, plus and additional £10 compliance charge. I have seen other charges as high as 3%.
These are over and above the Asset Match fees, so overseas Punks paid considerably more in fees than UK buyers and sellers.
These international brokers certainly know how to rack up the fees 😉