Hello , how long does it take to receive the proceeds into your account once you have sold some of your shares. Thank you.
Standard industry settlement is 3 days to be able to settle the sale proceeds and be in a position to withdraw the cash (which then takes between 3 and 5 days) however its instant upon sale if you just want to be able to buy other shares or even hold the cash in your gia or isa account.
Won’t lie, I bet a few people will click this thread and will be disappointed that you aren’t trying to sell shares you hold specifically in freetrade
i want some of those shares
Thanks guys ! Woops yes I should have thought properly about that title !
Exactly what I did. Sounds like you did too…
May have done . Happy to help though
I am a Freetrade shareholder and I am happy to purchase shares from fellow shareholders wishing to exit either partially or completely. Once I have these shares, funds can be transferred to the seller immediately (2 hours) subject to the seller bank. Also, I am prepared to better the offers being made by VCs.
Please let me know.
I would be potentially interested in selling mine. Does anyone know if it’s difficult to get permission from Freetrade for the sale? (because I think you need their permission.).
And do I remember it correctly that you can only sell all your shares at once?
Yeah I asked and they said I need to do it through Crowdcube. It seem like the process to sell them privately at this time will be difficult.
I have 6,532 I want to sell. I’m expecting I may have to sell through the VC process, but open to working with a higher bidder if anyone keen.
I am paying higher than the secondary round. DM me for the transaction and the price you want.
You don’t need Freetrade permission as long as:
- they’re B shares and
- you sell your whole holding
but you know you actually can sell them privately without their permission. DM me the price you want and the quantity.
Thanks! I’d be interested in selling. I have 9,596 B shares. The purchase price should be higher than than the one in the secondary round to factor in the additional growth since then.
Let’s chat! You can book a slot in my calendar here Calendly - Fabian V. Flatz
Can we buy partial share holding? if so, is it FT that need to authorize it?
Message me please
Hi, DM me if you’re still interested in selling your shares