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Share plc shares bring you more than just the prospect of dividends and capital growth, because
your holding also entitles you to a rebate against dealing commission you pay when you buy or sell shares through
your account with The Share Centre.
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For every Share plc share you hold, you receive a quarterly 'dealing commission credit' of 3p, up to a maximum
allowance of £300 per quarter.
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At the end of each quarter (typically 5th January, April, July and October), this shareholder benefit will
be paid to you as a rebate against dealing commission on orders made in that quarter through any of your
accounts with The Share Centre. Rebates earned on dealing through a PEP or ISA will, because of HM Revenue & Customs
regulations, be paid to your Share Account.
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The rebate you earn is calculated will be to a maximum of 30% of dealing commission on orders placed via
the Internet, or 15% on orders placed by other means. Any credit not used in any one quarter will
lapse.
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Let's say you hold 500 Share plc shares.
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Each share earns you 3p in Dealing Commission Credit, so you total rebate will be worth up to £
15.00, each quarter.
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If in that quarter you bought and sold shares via the internet, paying a total of £
50.00 in commission (excluding stamp duty etc), you will receive a rebate of £15.00
(equal to the full value of your credit.)
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If you do the same level of dealing via the telephone, your dealing commission rebate would
be £7.50.
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Use the calculator to work out how much your shares will save you.
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