16 September 2021
AMP Limited has launched a Small Shareholding Sale Facility to assist eligible shareholders sell small parcels of shares (less than A$500 in value).
AMP has partnered with ShareGift Australia to provide eligible shareholders with an option to donate the proceeds of their sales to charity. ShareGift is the only service of its kind in Australia and is endorsed by the ASX Group and the Australian Shareholders Association.
AMP has nominated Lifeline Australia and Lifeline Aotearoa (New Zealand) as their charities to receive these donations. The AMP Foundation will also match donations up to A$50,000 in Australia.
Australian resident shareholders can elect to be sent a tax donation receipt for amounts greater than A$2.00. This will be issued by ShareGift Australia following the completion of the donation process. Donation receipts cannot be issued to residents outside of Australia. Please note that Shares held by self-managed superannuation funds cannot be donated to charity.
You can find out more by visiting the AMP Shareholder Centre: www.amp.com.au/shares