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Buying withdrawable shares

Once you have used the information provided on Ethex to get a good understanding of the investment you are thinking of making, the process of buying withdrawable shares is as follows:

1. Placing an order

An order to purchase or withdraw first needs to be placed with Ethex.

For an order to be placed, the full details first need to be provided. This is either the amount you wish to invest or withdraw, or the number of shares you wish to invest in or redeem.

In the case of an order to sell, so that we can be confident that you do actually hold the investment you are selling, we may ask you for some further details such as your share certificate number before we place an order.

2. Confirming an order

Once you have placed your order, we will confirm with the business that they can accept it. If they cannot, we will tell you why not and also when we expect it will be possible to fulfil your order. You then have the choice to leave your order with us, or to withdraw it. If the business can fulfil your order, we will send you confirmation of your order and request your permission to proceed.

3. Fulfilling an order

Once you confirm your order, we can fulfil it. This involves you completing the paperwork, and either you transferring any money to us for onward transmission to the business, or the business transferring money to you. 

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