UK Equities, Preference Shares, Convertibles, Investment Trusts, Overseas Transactions, UK Gilts, Debentures and Loan Stocks etc.

Minimum	£20
1.65% on the first	£10,000
0.50% on the next	£90,000
0.40% on the excess over	£100,000

UK purchases add 0.5% Stamp Duty

For Overseas transactions please add any Overseas Tax or Stamp Duty, plus transaction and annual charge of £50 where a 3rd party settlement agent is required. (As stocks vary, please enquire at the time of dealing.

Unit Trusts/OEICS

Sales are on the same scale as above. Purchases are usually nil commission due to a rebate to Pilling & Co by the Managers, otherwise they are charged as above.

*Only charged on stocks not purchased through us or purchased through a different Pilling & Co account.