How to Sell Shares via Accumeo – Step by Step
1. Create an Account
Creating an account with us is free and quick – it takes about three minutes. Before you can start using the platform, you’ll answer a few questions to help us ensure compliance with applicable anti-money laundering regulations.
2. Submit an Indication of Interest
Once you’ve identified a company in which you want to sell shares, click “Sell.” You’ll specify the number of shares, the price, and whether you're acting as a private individual or through a company. Once your indication of interest has been reviewed and approved, it is published – completely anonymously – on the platform. If you prefer your indication to be visible only to Accumeo, you can choose to submit a private indication of interest.
3. Matching Your Indication of Interest
Once approved, your indication of interest becomes visible to all users on Accumeo’s platform. Our brokers then actively assess and connect buyers and sellers to facilitate the transaction.
4. Sign the Brokerage Agreement
When a match is made by our brokers, we send you a brokerage agreement. This agreement governs the relationship between you and Accumeo, including terms such as brokerage fees. Accumeo only receives compensation if the deal is completed, and the fee typically ranges between 1% and 2.5% of the transaction amount, depending on the size and complexity of the transaction.
5. Sign the Purchase Agreement
Once both parties have signed their respective brokerage agreements, we issue a purchase agreement. This governs the relationship between the buyer and the seller and includes details such as price, number of shares, and deadlines.
6. Complete the Transaction
For companies connected to Euroclear: You receive a contract note – a receipt of the transaction with information about the buyer and seller – which you forward to your bank. Your bank then contacts the buyer’s bank to ensure a proper transfer of both shares and funds.
For companies not connected to Euroclear: If a right of first refusal applies, you’ll need to wait until the period ends and the company approves the transaction. Your payment details are stated in the signed purchase agreement, and the buyer then carries out the transfer via their bank according to the agreed terms.
7. Delivery of Shares
Once payment is received, the company – usually someone from management or investor relations – contacts the buyer to confirm the change of ownership, typically within a couple of days.
