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sell shares

How to Sell Shares
Acquired as a Gift

What are Gifted Shares?

Gifted shares, also known as gifted stock or gifted equity, refer to shares of a company that are given as a gift from one person to another. In this scenario, the donor voluntarily transfers ownership of the shares to the recipient without any monetary exchange. Gifted shares can be a valuable way to share wealth, assets, or investment opportunities with loved ones or others.

When gifting shares, it’s important to consider potential tax implications, as the transfer may be subject to gift tax or capital gains tax depending on local tax laws. Consulting with financial and tax professionals can help ensure that the gift is handled in a tax-efficient manner.

Gifted shares are a means of sharing ownership and financial benefits with others and can be part of a broader estate planning or financial gifting strategy.

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How to Sell Shares That Have Been Gifted to You

If you’ve obtained shares as a gift and are ready to sell them, you can easily initiate the share sale process by completing our online form. Our helpful team will swiftly and efficiently handle your share sale request. Before you begin, please ensure that you have your Securityholder Reference Number (SRN) readily available.
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How to Sell Shares That Have Been Gifted to You

If you’ve obtained shares as a gift and are ready to sell them, you can easily initiate the share sale process by completing our online form. Our helpful team will swiftly and efficiently handle your share sale request. Before you begin, please ensure that you have your Securityholder Reference Number (SRN) readily available.

So how does it work

Just 4 simple steps

1
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Complete our online form

It only takes a few minutes, or call us if you’d prefer. Click Here to get started.

2
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Prove your I.D

Confirm your identity through our secure and confidential online portal in seconds.

3
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We sell your Shares

Your shares will be sold at the best possible market price.

4
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We send you the funds

Proceeds are deposited directly into your nominated bank account.

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Questions you may have

Share Sales Direct is an Australian-owned and operated financial services business with offices in Sydney and Melbourne's CBD. We offer one-off share sales through a simple, secure, and fast process designed for Australian residents.
If you do not have a broker and would like to complete a one-off sale of your shares, Share Sales Direct is the service for you. Our simple and secure online solution allows you to sell your issuer-sponsored shares (with a SRN) without having to open a trading account.
Sometimes individuals can find themselves in possession of shares without ever having opened a trading account. This situation can occur from participation in employee share programs, investments in company initial public offerings (IPOs), or inheriting shares registered under a family member's name. With Share Sales Direct, you can sell these shares without the hassle of creating a trading account or working with a stockbroker or financial adviser in what is known as a one-off share sale.

Share Sales Direct makes it easy for you to complete one-off share sales through our simple four-step process:

  1. Complete our simple online form
    Our online form takes less than 5 minutes to complete.
  2. Verify your identity
    Verify your identity through our secure online portal using an identity document like a passport or driver’s license.
  3. We sell your shares
    We transfer your shares into our custody, once the transfer settles, we sell your shares through the HALO Technologies trading platform at the best possible market price.
  4. We send you the funds
    Once your shares have been sold, we will deposit the proceeds into your nominated bank account within 2 business days.

Share Sales Direct is 100% Australian-owned and operated. Our expert team has decades of experience in financial markets, both in Australia and overseas.

Share Sales Direct executes orders through HALO Technologies, which has over $350 million AUD in Funds Under Management and is trusted by over 3300 clients who currently hold cash and shares on their platform.

HALO is operated by Macrovue Limited (ABN 98 600 022 679) and holds an Australian Financial Services Licence (484264) issued by the Australian Securities and Investments Commission (ASIC).

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Ready to get started?

If you need a bit more help Call 1300 092 575

Sydney Australia Office
Suite 203, Level 2, 1 York Street,
Sydney NSW 2000
Melbourne Australia Office
Level 21, 600 Bourke Street,
Melbourne VIC 3000

To speak to an Australian-Based Customer Service Consultant, call us on 1300 092 575

support@sharesalesdirect.com.au

Share Sales Direct Pty Ltd ABN 87 671 728 313 is the providing entity for financial products and services offered by it as a corporate authorized representative No 001307186 of Macrovue Pty Limited ABN 98 600 022 679 Australian Financial Services License 484264. Macrovue Pty Limited is wholly owned by HALO Technologies Pty Ltd ABN 54 623 830 866. Both Share Sales Direct Pty Ltd and HALO Technologies Pty Ltd are wholly owned entities of HALO Technologies Holdings Limited ABN 73 645 531 219 and it's associated entities.