How does the Davy nominee service work?
As the name suggests, the Davy nominee service operates such that our nominee company holds assets on your behalf. There are a number of reasons why a potential investor may wish to avail of our nominee service.
Some of the reasons are:
i. Some countries have abolished physical share certificates, which means that shares must be held electronically;
ii. We can act on your instructions immediately if we hold shares electronically;
iii. You don’t have to worry about losing physical share certificates or the cost of replacing them; and
iv. We handle some of the administration associated with share ownership such as dividend collection and dealing with corporate actions.