What Are Issuer-Sponsored Shares?
Issuer-sponsored shares are shares recorded directly with a company’s share registry (like Computershare, Link, Boardroom, or Automic), instead of sitting in a broker account. They’re identified by a Security Reference Number (SRN) — a unique code that usually begins with the letter “I”.
You may have issuer-sponsored shares if you:
- Took part in an IPO (initial public offering)
- Received stock through an employee share scheme
- Inherited or were gifted shares
- Bought shares long ago and never opened a broker account
Because these holdings aren’t tied to a trading account, they can feel harder to deal with. The good news: you don’t need to set up a broker account to sell them.
Can I Sell My Issuer-Sponsored Shares?
Yes. If you have the SRN and the shares are registered in your name, you can sell them through Unbroker’s one-off share sale service. No ongoing trading account, no paperwork by post, and no need to transfer your shares to a broker. It’s the simplest way to turn your SRN into cash.
What You’ll Need
To sell your issuer-sponsored shares, you’ll need:
- Your SRN (Security Reference Number) — found on your holding or dividend statement
- 100 points of ID from each registered shareholder
- Your bank account details for payment
- The number of shares you’d like to sell
The SRN is required to confirm your shareholding with the registry.
What Happens After You Submit Your Request?
- Verification – We review your ID and documents, typically within 1 business day
- Execution – Shares are sold, usually within 1–2 business days after approval
- Payment – Funds are transferred to your nominated bank account the business day after settlement (T+2)
In practice, most sales are finalised and paid out within a few business days.
Is It Safe?
Yes. Unbroker is a licensed and secure platform designed specifically for one-off share sales. We operate directly with Australia’s market participants, share registries and ASX settlement systems.
Our service is trusted by professionals across industries — including accountants, financial advisers, lawyers, registries, brokers, and market participants — and follows strict ID verification and compliance standards.
Why Use Unbroker Instead of a Broker Account?
- No ongoing accounts – perfect for one-off sales
- Flat, transparent fees – no hidden brokerage charges
- Faster turnaround – often completed in days, not weeks
- Built for individuals and professionals – whether you’re selling your own shares or handling them as part of an estate
Traditional brokers make money when you keep trading. Unbroker is designed for people who just want to sell once and move on.
Sell Your Issuer-Sponsored Shares Today
Selling issuer-sponsored shares doesn’t need to be complicated. With Unbroker, you can convert your shares to cash in just a few clicks — without ongoing accounts or unnecessary delays.
Frequently Asked Questions
Yes — if your shares are issuer-sponsored and registered in your personal name, you can sell them online without opening a trading account. For more information click here.
Yes — shares registered in joint names can be sold online through Unbroker, as long as both shareholders complete the ID verification process.
100 points of ID is a document-based identity check used in Australia. You’ll need to provide certified copies of documents—like a passport, licence, or utility bill—that add up to 100 points. For more information on 100 points of ID click here.
If your shares are issuer-sponsored and you have the SRN, you can sell them quickly online using Unbroker—no trading account required. For more information click here.
Yes — if your shares are issuer-sponsored, you can sell them online through Unbroker without opening a trading account or using a full-service broker.
Yes — if you're acting under a valid Power of Attorney, you can sell issuer-sponsored shares through Unbroker by providing the required documents and ID.
An SRN identifies shares held directly with a share registry, while a HIN is used for shares held through a broker. Unbroker can only sell shares registered with an SRN. For more, click here.
Yes — if you’re acting as an executor or legal representative for an Estate, you can sell issuer-sponsored shares from through Unbroker by providing the required estate documents and ID. For more information on selling shares belonging to an estate click here.
That’s fine — both shareholders can authorise the funds to be paid into one person's account using a signed authority form provided by Unbroker.
A one-off share sale lets you sell issuer-sponsored shares without opening a trading account or using a full-service broker — perfect for casual or one-time sellers.
Unbroker specialises in one-off share sales — no trading account, no upsells, and no ongoing fees. We're built for people who just want to sell and move on. For a detailed comparison click here.
Most share sales settle within three business days — including ID verification, trade execution, and payment. Ubroker offers same-day sale and settlement, enabling you to recieve your funds one business day after the sale.
Yes — if you have your SRN and ID, you can sell issuer-sponsored shares through Unbroker without logging into the registry.
Yes — if the shares are registered in the company’s name, they can be sold through Unbroker with the proper documentation and ASIC verification.
Yes — if the shares are registered in the name of your trust or SMSF, you can sell them through Unbroker by providing the deed, trustee ID, and other required documents.
Yes — if your ESS shares are issuer-sponsored and registered in your name, you can sell them through Unbroker without needing a trading account.
Yes — as an overseas resident, you can sell issuer-sponsored shares through Unbroker by posting original certified ID and a signed authority form.
We’re required by law to verify the identity of each registered shareholder before processing a sale — it helps prevent fraud and ensures compliance with ASIC and anti-money laundering regulations. For more information on ID verification click here.
Your SRN is usually found on a holding statement or letter from the share registry — it’s required to sell issuer-sponsored shares through Unbroker.
Yes — as long as you're using a licensed and compliant provider like Unbroker. We verify all sales, protect your information, and never ask for upfront payments.
Yes — as a parent or legal guardian, you can authorise the sale of shares held by a minor by providing certified ID and signing an authority form.
Yes — as long as your IPO shares are issuer-sponsored and no longer subject to escrow, you can sell them through Unbroker without needing a trading account.
If you’ve lost your holding statement, you’ll need to contact the share registry to request a replacement. Once you have your SRN, you can sell your shares through Unbroker.
Yes — as long as you can provide certified evidence of the name change (e.g. marriage certificate or name change certificate), Unbroker can help process your share sale.
You’ll also need 100 points of ID in your current legal name, along with your SRN.
Yes — you don’t need a TFN to sell your shares through Unbroker.
However, if no TFN is recorded on your shareholding, the registry may withhold tax from any dividends you’ve received. This doesn’t affect the sale itself.
If the shareholder can’t sign, someone else may be authorised to act under a valid Power of Attorney or court order. We’ll need certified documents confirming their authority before we can proceed.
