Transfer your shares and participant code to a related party
You can transfer your co-operative control shares, your investment shares and your LIC participant code to a related party. A related party is a person or an entity you have a relationship with. Related parties include family members. They can also include trusts, companies and partnerships.
If you change the form of your farming entity, you can transfer all your LIC shares and your participant code to the new entity.
Related Parties Transfer Form
Surrender your co-operative control shares
You can voluntarily surrender your co-operative control shares before the end of the season if you no longer qualify to hold them. This must be approved by the Board. We’ll reimburse you for the shares using a nominated bank account
We will compulsorily redeem your shares if you no longer qualify for them at the time of the July annual registry update. We’ll reimburse you for the shares using a nominated bank account.
Co-operative Control Share Redemption Form
Use your dividends to buy investment shares
Join the Dividend Reinvestment Plan to use the dividends from your LIC shares to buy investment shares.
Sign up to the plan through your LIC rep when you first become an LIC customer, or use the Dividend Reinvestment Plan (DRP) Application Form to join the plan later. If you want to know the terms and conditions of the Dividend Reinvestment Plan read the Dividend Reinvestment Plan (DRP) Offer Document.
Dividend Reinvestment Plan (DRP) Application Form
Dividend Reinvestment Plan (DRP) Offer Document
Buy new investment shares every year
Join the Voluntary Investment Scheme to buy the same number of new investment shares each year as your co-operative control share-entitlement — equivalent to 4% of your annual LIC spend. We’ll charge your LIC account for the shares in August each year and let you know how many new shares you have once they’ve been bought.
Complete the Voluntary Investment Scheme (VIS) Debit Authority Form to sign up for the scheme. For information about the rules of the scheme, see the Voluntary Investment Scheme (VIS) Rules Document.
Voluntary Investment Scheme (VIS) Debit Authority Form
Voluntary Investment Scheme (VIS) Rules Document
Trade investment shares
You can trade investment shares with other qualifying shareholders in two ways:
- through a broker
- through a private off-market transfer.
Use the Investment Share Transfer Form to transfer shares privately to a qualified shareholder. The buyer must hold co-operative control shares.
Investment Share Transfer Form
Call our Share Registry Team on 0800 542 742 or email email@example.com for more information about how to surrender co-operative control shares and trade investment shares.