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How to replace a lost share certificate

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By John Healy of Healy Insurances   

If a share or stock certificate is lost or accidentally destroyed the shareowner will need to give an undertaking to the issuing company that the certificate has been lost, and not charged or assigned, before the company registrar can issue a duplicate.

This undertaking also requires the shareowner to indemnify the registrar against any loss arising out of the issue of a duplicate certificate. The issuing company will require an insurer to join in the undertaking as a guarantor.

The undertaking does not relieve the shareowner from their obligation to make good any future loss incurred by the insurer as a result of them joining in the indemnity.

Usually the following information would be required in order to issue an indemnity:

* A completed proposal form

* The share indemnity form that is provided by the registrar

* Proof of identity

* Proof of address

Confirmation from your solicitor and/or bank may be required to confirm that the share certificates are not held in trust.

The cost of providing the indemnity is based on the amount of the shares and the share price on the day of quotation.

At Healy Insurances, we have vast experience in this area and can provide the service and advice should you need to replace lost share certificates.

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Promoting Killarney as a business and conference destination

Two prominent Killarney businesses were in Frankfurt this week to promote Ireland and Kerry as an ideal place to host business conferences. The Europe Hotel and Resort and Killarney Convention […]

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Two prominent Killarney businesses were in Frankfurt this week to promote Ireland and Kerry as an ideal place to host business conferences.

The Europe Hotel and Resort and Killarney Convention Centre attended IMEX Frankfurt 2024 in Germany this week to promote the island of Ireland for corporate meetings and incentive travel ~

Tourism Ireland – together with Fáilte Ireland and Tourism Northern Ireland, as part of the ‘Meet in Ireland’ team – is showcasing Ireland as a world-class Business Events destination to thousands of buyers who organise international meetings and incentive travel.

IMEX Frankfurt is one of the leading global exhibitions for Business Events i.e., the corporate meetings, events and incentive travel industry. Thirty-five tourism companies specialising in Business Events from around the island of Ireland – including The Europe Hotel & Resort and Killarney Convention Centre were on the ‘Meet in Ireland’ stand at IMEX.

Around 1,900 commercial meetings will be conducted with global meeting and incentive travel planners this week, which will, in turn, deliver Business Events for Ireland from around the world worth millions of euro in 2024 and beyond. Tourism Ireland’s goal is to enable thousands of commercial Business Events meetings this year – connecting our tourism partners from Ireland with overseas buyers to grow Business Events and support businesses across the island.
According to the latest CSO figures for overseas tourism, Ireland welcomed almost 1 million Business Tourists, for the 12 months from April 2023 to March 2024.

“IMEX Frankfurt is a key event in the industry calendar and an extremely important platform for us to promote the island of Ireland as a premier destination for Business Events. Business travel is high value and often midweek and off season by its nature, thereby aligning with Tourism Ireland’s strategy to grow overseas tourism revenue outside of the peak summer season,” said, Siobhan McManamy, Tourism Ireland’s Director of Markets, said:

“We are delighted to have 35 tourism companies from across the island of Ireland with us at this year’s IMEX Frankfurt. They’re engaging in almost 1,900 commercial meetings and showcasing the best of Ireland to influential meeting and incentive travel planners from around the world.”

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One way traffic system mooted for St Oliver’s National School

The Killarney Advertiser understands that a one-way traffic management system will be introduced at St Oliver’s National School. The plan remains subject to confirmation by Kerry County Council and other […]

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The Killarney Advertiser understands that a one-way traffic management system will be introduced at St Oliver’s National School.

The plan remains subject to confirmation by Kerry County Council and other statutory bodie. It is  understood that the system will be trialled at the beginning of the new school year in September.

The area is subject to serious traffic congestion during school drop-off and pick-up times every day.

Over 650 pupils and 80 staff attend the school every day. New housing developments in the area have added to traffic congestion.

Cllr Martin Grady has being pushing for enhanced road safety measures at the school since his co-option to the council in September 2023.

“The issue has worsened in recent years with Woodlawn, Rookery Road and Ballycasheen having more domestic property developments which brings with it more road activity,” Grady told the Killarney Advertiser.

“I’ve seen first-hand several accidents occur when dropping and collecting my children from the school. It needs a safe solution by means of a drop off- pick up point or a traffic management system put in place.

“It is unfair on all stakeholders involved. I will keep working on this until results are achieved in the interest of everyone’s safety. “

The lack of urban school bus services, not just at St Oliver’s but at all schools is adding to Killarney’s traffic woes.

“I would like to see school bus services return for all students, in both urban and rural schools, this service was a massive loss, it would greatly reduce the volume of traffic on our roads and mitigate the risk of accidents and near misses,” added Cllr Grady.

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