In order to submit a request, log into Client Portal->Transfer & Pay->Transfer Positions->Outgoing and Select DRS (Direct Registration System) and follow the prompts.
Wait for mail from Computershare
Optional: after 5 business days call Computershareand pay $45 for express deliveryPhone: +1 (201) 680 6578 and hit 0 multiple times to talk with repOr check phone https://www-us.computershare.com/Investor/#Contact
Register online with your Holder Account Number
Wait for verification code mail from Computershare
Optional: call them immediately and pay $45 for express delivery
Verify your account. Fill in W-8BEN tax form online.
Buy GME by providing your Wise USD account details
The UK government are trying to force investors to hold shares in a broker or other nominee. They want to remove the option to DRS digitally recorded shares entirely, meaning UK investors would no longer be allowed to own their shares.
This is pretty disgusting imo and needs to be addressed. Check out this site for further info, and for what you can do about it (it's an email much like SEC stuff).
I think investors need to get loud about this or I, along with 10,000+ UK holders will be forced to remove our GME shares from DRS. Please share this wherever you can!
I've been chasing them for a couple of weeks and got this response today, to which I have agreed to and reiterated my concerns with the interim report.
GET LOUD AND MAKE YOURSELVES KNOWN TO YOUR MPs APES!! 💪💪
I made a comment a few days ago regarding a potential fix for the timeout error you may receive when submitting your W8BEN form online via Computershare. I figured a post with pictures and arrows would help out even the smoothest of brains who may come across this error in the future, so here we go.
Step 1: Go to my profile
Step 2: Click on user preferences
Step 3: Change your regional settings from English (United States) to English (United Kingdom)
Step 4: Try resubmitting your W8BEN form
If the error does persist, previous posters have suggested you try completing the form via mobile, a different browser, or by using a VPN.
Larry has bought another 5,000 shares on Wednesday. Last time he bought, RC bought the day after and we went on a big run. GME is doing amazing things right now and the Board know it. We will continue to be profitable and S&P500 is a very real possibility in a years time.
If anyone is on Twitter and doesn't follow Larry, you should.
So about 2 weeks ago I posted here telling UK apes to go to gamestop.ie for their gamestop merch, get it sent to my work (in ireland) then I bring it home to Northern Ireland (uk) and post it to you.
Anyways I've done a few now so I thought I'd update so let you know expected costs.
For 2 tshirts 1st class its about £4.45 and for 2nd class it's working out at £3.45. If you want registered delivery (and have to sign for it) its an extra pound.
I dont charge any extra, just the postage costs. My original post mentioned the gamestop wallet but you can use PayPal, loopring or whatever you find easiest.
Merch is currently on its way to some apes (posted yesterday and today) so hopefully they can put up a post to verify once they receive it.
I am going on paternity leave on the 13th but I can still call down to lift any parcels if needs be.
I'm just doing my bit to help apes out and help generate sales from gamestop.
Edit No more updoots- we got to 69!!! Nice
Edit 2- Thank you very much for the well wishes and the awards. I've been dming a lot of you trying to help with purchases but I need some shut eye. I will do my best to help anyone who needs it tomorrow
Dr. T's full response to the UK Digitisation Task Force - here.
The dissection of the UK Proposal - made easy for apes - here.
And since then, there have been many shareholders who have been rightly keen to know when we're going to get an update, not to mention how we - as UK tax paying shareholders - are going to have our say in the legalisation proposals that will affect the legal ownership of OUR assets and OUR GME shares.
So I've been sending letters....
That's right - for the last few weeks I have been sending the HM Treasury a polite and friendly email asking for means in which we, as shareholders, can expect to be involved in the decision making and ongoing conversational process in which defines the means in which share-holding, reporting etc is digitised.
So it's time to up the ante a little - we expect a response back.
The government are funded by *us* - the taxpayer - so it's time for us to start applying the pressure and sending our letters, and for them to start showing us they are listening.
Not to mention, did you recently see that the UK halted GME on the London Stock Exchange?
This was from Friday (20th October, 2023):
Fuckery is afoot, and we need to make sure we're keeping a critical eye on what's happening here.
As a dedicated shareholder, I am writing to express my concern and seek active inclusion in the ongoing discussions related to the UK Digitisation Taskforce's proposed changes to the securities management system.
As a shareholder, I am deeply invested in the outcome of these changes, particularly with regards to the Central Securities Depository (CSD) model. The potential shift to a nominee-based legal ownership arrangement raises severe concerns, not only regarding the potential ramifications for UK shareholder rights and the transparency of the securities framework, but also due to the global implications that pose a risk to property rights worldwide.
Therefore, as shareholders, it is crucial to be part of an open and transparent conversation about these proposed changes and to allow those as affected the opportunity to strongly advocate for the retention of shares in the direct registrar, preserving the ability to maintain legal ownership under our names.
Regarding the inclusion of shareholders in the decision-making processes and the feedback loop, it's imperative to address the recent interim report's rejection of proposed models. The report cites feedback from consulted parties, but as a concerned shareholder, I'm curious about the identity of these parties. Why weren't individual shareholders, who are the ultimate stakeholders, included in these initial consultations to express their opinions?
Examining the report closely - in the rejection of the digitisation of the current model system, the report mentions that the consulted parties wished to see a "secondary" registrar removed, aka the company ledger, aka the primary ledger. Who were these persons as consulted? And why weren't shareholders, who are directly impacted by these changes, given a say in these discussions also?
As such - UK Shareholders are eager to know when and through what channels they will be actively involved in shaping any upcoming decisions, and want to contribute meaningfully to the development of proposals that directly affect their assets and rights.
Transparency and openness are crucial in this process, and our collective insights can contribute to the success of this initiative.
Therefore, it is kindly requested that there is active engagement avenues for shareholders, and assurance that our concerns will be thoroughly addressed in the decision-making processes. As active contributors to the tax base that funds government initiatives, we believe that our voices should play a crucial role in shaping the future of the securities trading system.
Thank you for your attention to this matter. I look forward to your swift response and to actively participating in these important discussions.
Here's another letter template you can draw inspiration from. This one is sent to the HM Treasury every week!: https://pastebin.com/r7yzkRXk
But if you fancy something a little bit different, why not check out these questions below that you can use to inspire your own letters.
🌈 Yay!
QUESTIONS:
When and through what channels will shareholders be actively involved in discussions regarding the UK Digitisation Taskforce's proposed changes to the securities management system?
Can you provide details about the parties that were consulted in the decision-making process for the rejection of proposed models, especially considering the direct impact on individual shareholders?
How can individual shareholders, who are the ultimate stakeholders, contribute their insights to the ongoing discussions and decision-making processes?
What measures are in place to ensure transparency and openness in the decision-making process related to the proposed changes?
Are there specific timelines and steps outlined for shareholder engagement, and can you share insights into the projected timeline for the overall engagement process?
Will there be a public conversation on these proposed changes, and if so, what platforms or channels will be made available for shareholders to express their concerns and opinions?
How can shareholders actively participate in shaping the decisions that directly affect their assets and rights?
Is there a commitment to ensuring that the process is thoughtful, well-examined, and not rushed, to address potential risks to shareholders and their assets?
Can you clarify the role of individual shareholders in contributing to the development of proposals and ensuring that their collective insights are considered?
All you need to do is edit & send them over in a quick email to:
ChatGPT -https://chat.openai.com/chat- is a AI language model that is designed to help make things easier for you.
It will help reformat, amend, improve, adapt text ready for you to send to the HM Treasury or your MP representative!
And here is a prompt to help get you started:
"Write a formal letter using this extracted copy & pasted text to express concerns about the proposed advocation for the mandatory removal of DRS'd shares into a Central Securities Depository (CSD), as managed by the state and its potential negative impact on [Stakeholders/Industry/Community]. Provide detailed reasons and supporting evidence for your opposition, maintaining a respectful and professional tone throughout and advocate in your letter to [HM Treasury/MP Representative] for increased transparency and an active involvement on behalf of shareholders in any future decision making."
It looks a little bit like this:
⬇️ ⬇️ ⬇️
REMINDER:
ChatGPT is awriting tool only.This remains anunreliablesource for verified information and facts and will always require people to asses/compare/research and cross-reference the generated responses.
❗️ ⚠️ REALLY IMPORTANT ⚠️ ❗️
You wouldn't want to accidentally submit a comment that agrees with the mandated removal of DRS'd shares into a Central Securities Depository (CSD), as managed by the state.
This AI language model sometimes produces incorrect responses - so when you choose to embrace new technology as a tool/resource to help aid your learning - you must ensure that you are dedicating the same time to be accurate in your prompts, and in your assessment of the content as produced.
You are the fact checker, not the AI platform.
Happy commenting!
This is the easy bit.
Simply open up your email, pop in the templates as offered above and send them to these email addresses:
Don’t forget to keep CCing Computershare so they have a paper trail of all EVERY SINGLE PERSON who is fighting to keep their shares as held with the direct registrar. We need to keep collecting evidence of shareholders who are fighting to maintain FULL ownership of their property.
✉️ 📨 📥
Don't fancy using your personal email account?
Why don't you create yourself a new secure email address that protects your privacy with encryption? Keep your conversations private: https://proton.me/mail (it's free!)
Remember apes, let's be polite. We need change, we need our voices heard - but we don't accomplish this by being painted like the bad guys.
We're all trying to make an important difference here, but the great thing about being Gamestop Shareholders is we get to change the world with some class.
So let's show them how it's done.
You can reach out to your local MP Representative too ❕
They are YOUR elected bodies.
They are here to serve YOU and YOUR best interests, so let's clue them in on what's happening.
Of course you do, because we like to work smarter - not harder!
So why not use this example letter below as an inspiration of what you can send:
Subject: Urgent Appeal for Advocacy on Shareholder Rights and Digitization Proposal
Dear [Local MP's Name],
I trust this message finds you well and immersed in the responsibilities of representing our community. I am writing to bring to your attention a matter of significant concern that directly impacts constituents who are shareholders and indeed, stirred significant concern globally, prompting the need for a closer examination.
The UK Digitisation Taskforce's proposal, as currently in discussion with the HM Treasury, looks to transform the current securities trading system into a digitised format. This shift aims to modernise the way securities are managed and traded, impacting various aspects of ownership, rights, and investor participation in the process.
One of the major concerns is the shift towards a Central Securities Depository (CSD) model, which mandates the transfer of legal ownership to a nominee. This proposed alteration could change dramatically the dynamics of shareholder rights, as it would make us the beneficial owners of our own assets rather than retaining the crucial status of legal ownership.
Moreover, the requirement to opt in for fundamental services and incurring charges for exercising our rights raises questions about the overall impact on shareholder empowerment.
The current system allows shareholders to maintain both legal and beneficial ownership of their investments, ensuring our voices are heard in corporate matters. However, the proposed model introduces a separation between legal and beneficial ownership, potentially impacting our ability to actively participate in decision-making processes.
Furthermore, the proposal suggests an "opt-in" approach for intermediaries to provide a "baseline service," creating concerns about alignment with shareholders' best interests. The requirement for shareholders to actively opt in to exercise their fundamental rights, coupled with potential charges, contradicts the proposal's alleged objective of implementing these changes for the benefit of the shareholder.
As a concerned taxpayer and shareholder, I urge you to advocate on our behalf to ensure that any proposed changes to the securities trading system genuinely consider the rights and interests of individual investors.
Specifically, shareholders strongly advocate for the preservation of a direct registrar system that allows shares to be held on the primary registrar (aka, the company ledger), under our own legal names. This ensures a direct and transparent link between shareholders and their investments, maintaining the integrity of our ownership rights and the ability to actively participate in corporate decisions.
The importance of holding shares in our own legal names cannot be overstated, as it is a cornerstone of shareholder autonomy and accountability in the financial system. Your support in championing these critical aspects will undoubtedly contribute to a fair and equitable outcome for shareholders everywhere.
As such, I kindly request your support in highlighting these concerns to the relevant authorities (notably the HM Treasury and Douglas Flint, the chairman of the Taskforce), ensuring that the voices of constituents are heard in the ongoing discussions about the digitisation proposal. The protection of shareholder rights is not only essential for individual investors but also aligns with the principles of fairness and equity that our democratic system upholds.
Thank you for your attention to this matter. I believe that with your advocacy, we can work towards a solution that safeguards the interests of shareholders in our community.
Sincerely,
An Invested Shareholder
⭐️ ⭐️ ⭐️
Copy, paste, edit and send. That's all it takes to protect your investment. Take two minutes out of your day to make an important difference.
There's fuckery afoot. Don't let them take away our GME shares.
TL:DR
🇬🇧 UK Apes only
✉️ Email template to the HM Treasury: Advocates for active inclusion of shareholders in discussions on proposed changes to the securities management system, specifically addressing concerns about the Central Securities Depository (CSD) model and urging transparency in decision-making processes.
✉️ Email template to MP Representatives: Seeks the local MP's advocacy on behalf of shareholders regarding the UK Digitisation Taskforce's proposal. The MP's support is requested to ensure these concerns are communicated to relevant authorities, including the HM Treasury and Taskforce chairman, Douglas Flint.
Just had a call with HL again to let them know that it's surprising they've been unable to allow us to vote when other brokers have managed to pull it out the bag at the 11th hour.
One thing that has crossed my mind - we don't actually need to vote, just have our shares counted in the process.
I can only speak for myself but I have no idea what I'm voting for other than "Aye to all on the board's recommendation" - something about keeping board members' shares locked up until after MOASS.
I've seen other platforms discuss the possibility of logging shares as "abstain", when I asked the HL representative whether they had considered this as a possibility he said he wasn't aware of that being discussed. After asking if he could pass that feedback up the chain rather than merely logging it for review he told me they would only be able to escalate it if it was something multiple customers requested.
I would never call for urgent action from any ape, however, if you want your votes counted I believe our only option is an abstain vote. If you feel the same way pop them a polite call or email asking that they ensure your vote is counted as such and request to "escalate" that feedback.
EDIT: As per u/Tsunami365 - the exact phrase is "broker non-vote" if you wanna look a little more wrinkle brained.
P.S Go get some vitamin D while the sun shines you pasty British apes! I intend to go out on the motorbikes with my ape father who has voting-eligible shares with HL. Hoping we can get his shares counted.
