This related to shares of small companies who did not have
dealings very often, were not regulated by the Stock Exchange, and
were classed as "unlisted".
Companies could trade their shares under Stock Exchange Rule
4.2(a), which was an informal arrangement for matching bargains.
This arrangement actually threatened to grow into a secondary
market in its own right and prompted the development of the USM (
IHTM18339).
Since dealings under Rule 4.2(a) ceased on 29 September
1995, companies previously trading on this market have either
joined AIM (
IHTM18336) or have gone off market by
joining OFEX (
IHTM18337).
If the deceased/transferor had shares in a Rule 4.2(a)
company