Probably none. The option may be there because the company has shareholders not in UK. I am not the expert in this but a few years ago there was something similar with my shares in Standard Life. A large amount of paperwork giving lots of detail but in the end it came down to the alternative only being relevant if you were in the USA.
Ah. That makes some sense.
Its basically just a few shares I bought in BG when they were privatized all those years ago. And hung on to with all the changes. The latest one is 'them' being acquired by Royal Dutch Shell. And this option being given. With the last owner, I'd already done something similar - shares instead of cash some years ago. But there wasn't this choice between SCRIP and DRIP then.
The dividend is usually a smallish sum, so I'd rather go for an increase in the capital value.
That revelation should silence those cruel souls intent on labelling you 'socialist' :-)
But I was dressed in all over grey and reading the little red book when I bought them, though. ;-)
Part of the problem is that all the financial regulation these days means they can't just say in plain language that one option is best for X and another in case Y. So you have to filter a lot of detail to get to the nub of it.
Never heard of Champagne Socialists?
I've heard of poor Capitalists, though. They're called UKIP.
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