Assuming I bought Shares from Three different Companies but they all have the same Registrar, so if I’m to fill the E-Mandate form will I fill each companies differently or it’s just one that will cover them all since they are handle by the same Registrar
For e dividend or e mandate, one form does not automatically cover all your investments just because the companies use the same registrar. Each company’s shares are tied to its own records, even if the registrar is the same. So when you fill the e mandate form, it is usually linked to a specific shaRead more
For e dividend or e mandate, one form does not automatically cover all your investments just because the companies use the same registrar.
Each company’s shares are tied to its own records, even if the registrar is the same. So when you fill the e mandate form, it is usually linked to a specific shareholder account and the registrar will match your bank details with the accounts of the companies you invested in.
In most cases, if you have already completed your e dividend mandate correctly with your personal details and bank account, it can apply across multiple companies under the same registrar, as long as your details match exactly.
For example, if Mama Ngozi has three different tomato farms but uses the same market agent to sell all her tomatoes, she only needs to give her payment details once to that agent, and the agent will use it to pay her from all the farms. But if her details are not correctly recorded for each farm, she may still need to confirm or update them.
One correctly completed e mandate can work for multiple companies with the same registrar, but your details must be consistent and properly linked to each investment.
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