Our history

2017 2017 saw some significant steps forward in terms of our digital proposition. Most notably, our mobile app was enhanced to include dealing and paying in functionality. Usage of our app far outperformed expectations, which backs up our customers’ demand for this to be prioritised in our development. Our website transformation made significant progress, with new back office systems completed. Our fund pages were also significantly enhanced, causing significant growth. Despite increased levels of business, we largely maintained our excellent levels of customer service. We won more awards than ever before, including our first non-industry specific award at the UK Customer Experience Awards, for our approach to our digital transformation programme.
2016 The Share Centre continued to win awards for customer service and, for the first time, won a non-industry-specific award in customer experience, against much larger blue chip opposition. In June, we launched our mobile app, enabling customers to view their accounts, get prices, research companies, stay updated with news and set up watchlists. We held our first customer engagement event evenings which proved very popular. These were held in conjunction with the likes of Edison research, Black Rock and Lion Trust. To complement our Platinum 120 list of funds, we launched a preferred range of ETFs, ETCs and Investment Trusts. Our assets under management grew to exceed £3bn.
2015 The Share Centre won more awards than in any other year in its history; many of them for customer service. We launched a 'certificated dealing' service in April and participated in five large retail IPOs. In December, it was announced that we had agreed the acquisition of a number of accounts from Barclays and we also acquired Henderson Global Investors’ remaining Investment Trust ISA accounts. When China devalued on 24 August, the company enjoyed its busiest ever day in terms of dealing commission.
2014 This year represented a significant change for the business as founder of The Share Centre, Gavin Oldham, moved up to become Chairman, with Richard Stone moving from Finance Director to Chief Executive. We launched a new Self-invested personal pension (SIPP) in conjunction with pension specialist, Pointon York (now Curtis Banks), and continued to improve the functionality available to customers on our website, for example, introducing the ability to request withdrawals online.
2013 In February The Share Centre announced a new ‘clean class’ investment policy for customers holding and purchasing funds through The Share Centre. In March our new website was launched.
2012 The first six months of 2012 saw the introduction of two new ISA products. A new online only Self-select Stocks and Shares ISA, with a fixed administration fee, along with three Ready-made ISAs, based on the SF Portfolio of funds by our sister company Sharefunds. In June 2012 approx 4,500 customers were transferred from Isle of Man online broker JPJshare. In July we introduced a new simplified shareholder benefit whereby customers holding at least 500 Share plc shares receive a 30% discount on all dealing commission when completing deals online or via mobile. Sharemark was sold to Asset Match in November.
2011 In 2011 The Share Centre made significant changes to its products and services. The Frequent dealing service was changed to a fixed dealing fee of £7.50 regardless of the size or value of the deal. The new Junior ISA included a 'Ready-made' option where the customer invests into one of the funds managed by our sister company Sharefunds. In October we introduced a Contracts for Difference (CFD) service in partnership with I G Index.
2010 In March The Share Centre acquired the majority of the customer base of Wills & Co Stockbrokers Limited. In August there was a ‘buy back’ of shares in Share plc, when commission-free dealing in the shares of our parent company Share plc was introduced.
2009 The Share Centre upgraded its website, including a new Fund Centre, to help maximise our customers’ online experience. An integral part of the Fund Centre is the Platinum 120 Funds, a selection of 120 quality funds chosen from a range of investment sectors.
2008 Share plc floats on AIM in May, with a share offer that was four times oversubscribed.
2007 In November 2007 The Share Centre acquired over 1,050 corporate PEPs and over 280 Corporate ISAs from Prudential Personal Equity Plans Limited.
2006 The Share Centre acquired 3,040 corporate PEPs from Computershare.
2004 In March, following a competitive tender, The Share Centre was confirmed as the preferred supplier in the establishment and operation of a regional trading platform for West Midlands-based businesses. The regional trading platform, subsequently named Investbx, launched during 2007. The Share Centre provided the market trading and valuation mechanism via Sharemark, together with fully integrated white label share dealing and administration services.
2003 The Share Centre launched an EIS administration service for third party fund managers in HM Revenue and Customs-approved and unapproved EIS portfolios. In September, The Share Centre launched its Shares4Schools initiative, a national competition aiming to encourage students to learn about the world of business.
2002 The Share Centre acquired the business of StockAcademy Limited, a Cambridge-based retail stockbroker. 18,983 investors’ share dealing accounts were transferred to The Share Centre. The Share Centre also took over StockAcademy’s commercial relationship with Georgeson Shareholder, which involved the white label administration and dealing arrangements for high volume, low-cost share dealing services to corporate companies, as well as missing shareholder programmes.
2001 On 19 February, Share plc made a further offer of free shares. The Share Centre extended its range of corporate share services through the provision of Share Incentive Plan (SIP) administration services to third parties, following the launch of a SIP for its own employees in December 2000.
2000 Free shares given to over 90,000 account customers as the Group’s holding company, Share plc was formed. The Share Centre developed and implemented its own share trading platform, Sharemark. Sharemark was a multilateral trading facility for unquoted companies as well as to existing quoted companies seeking a secondary trading platform for liquidity purposes.
1999 The Share Centre acquired Bradford & Bingley’s corporate PEP business, considerably extending our corporate share service relationships. The acquisition resulted in the transfer of approximately 90,000 Personal Equity Plans (PEPs) to The Share Centre in April.
1998 The Share Centre handled over 100,000 applications for Thomson Travel share issue.
1996 Introduction of share service for Colonial Mutual.
1995 The Share Centre announced it was taking part in the National Power/Powergen share offer. First employee share participation in the Company.
1993 The Share Centre was appointed a share shop for the British Telecom BT3 share offer. Introduction of share services for employees/customers of corporate clients of SG Warburg.
1992 Started providing share services for Mail on Sunday, Guardian and Thomson Regional newspapers.
1991 The Share Centre was established by Gavin Oldham to provide self-select share services for a broad range of personal investors. First accounts open/deals transacted on 25 April 1991.