Sell Your Shares Today
No stock broker required. Same day sale at the best rates with no hidden fees. Cash deposited directly into your bank account.
100% Online & completed in four simple steps.
In 2009, proposals for the merger between MyState Financial (MFS) and Tasmanian Perpetual Trustees (TPX or TPT) were presented to the membership-owned credit union. In order for the merger to occur members of MFS were required to vote for the demutualisation of the company. Demutualisation is the process a membership-owned organisation goes through to become a shareholder-owned company. MFS members voted in favour of demutualisation with support coming from 84% of the members.
As a result MFS and TPT became MyState Limited (MYS). Members of MFS received parcels of 380 MYS shares and shareholders of TPX received a 1 for 1 exchange for MYS shares.
If you were allocated MYS shares in 2009 due to being a member of MFS or your holdings in TPX there would have been no charge for your MYS acquisition.
If you purchased your MYS shares through a broker, inherited your MYS shares, or have participated in a corporate action since the demutualisation (for instance an entitlement offer), the details of your purchase price can be found on your Share Certificate or olding Statement.
Please call us if you have any questions on how to acquire this information or how to sell MYS shares.
Call Us! We can sell MYS shares faster than anyone in Australia. All you need to do is complete our quick and easy online form, and we can process your sale without opening a share trading account.
It is handy if you have your SRN handy. This can be found on your Share Certificate, Holding Statement, or Dividend Statement – it starts with an ‘I’. If you cannot find the details, give us a call and we can point you in the right direction.
Once you sell your MYS shares into the market (at the prevailing price), we will send you a contract note, which will detail:
This money will be deposited into your nominated bank account. It is as simple as that!
Using our Express Share Sale Service, your sale can often be processed the same day (if you get your submission in by mid-morning). You will receive the money in your bank account on the 3rd business day following the day your shares are sold.
No stock broker required. Same day sale at the best rates with no hidden fees. Cash deposited directly into your bank account.
100% Online & completed in four simple steps.
Sell My Shares was founded in 2013 by 2 stockbrokers who noticed that people who just wanted to sell their shares with minimum fuss had few options outside of opening a fully fledged stockbroking account.
We decided to love this type of business, and these clients, and that’s what we do – very well.
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Copyright © 2023 Sell My Shares Pty Ltd. All rights reserved. This site has been prepared by Sell My Shares Pty Ltd (ABN 81 653 391 943) an Authorised Representative (number 001293396) of Sequoia Wealth Management Pty Ltd (ABN 22 002 314 310) which holds AFS Licence No. 472387.