Competition rules

The Shares4Schools competition is open to Year 12 students studying in any UK school or college.

The 2018/19 competition runs from 29th October 2018 until 28th June 2019.

  1. 1. Entry will be in the name of the school, for whom a dealing account will be established with The Share Centre.
  2. 2. In the event the school has more than one team entered in the competition, students may only be entered into one team.
  3. 3. All team entries should be registered using the Shares4schools entry forms only.
  4. 4. Each team will start with £2,000 to invest. Schools should raise the initial £1,000 themselves and The Share Centre will then match fund this to bring the total up to £2,000. The Share Centre will match the funds raised for one team per school.
  5. 5. If schools sign up by 31st July 2018 they will be gifted £250 to be put towards their initial £1,000. One payment of £250 will be awarded per school, regardless of whether a school has more than one team.
  6. 6. Two authorised representatives of the school must be appointed to administer actual investments, acting to carry out the team’s investment decisions and as custodians of the school’s funds. The representatives must be employees of the school and aged over 18.
  7. 7. We cannot confirm any account information to anyone other than the two representatives of the account.
  8. 8. With effect from close of business on 14th December 2018, teams must have a minimum of £500 of their overall funds invested.
  9. 9. Schools must make a minimum of ten trades (either sales or purchases) between 29th October 2018 and 28th June 2019.
  10. 10. Failure to place trade as set out in rules 8 and 9 will result in the team forfeiting their eligibility to win the overall competition or to be a runner-up.
  11. 11. Investments must be in UK Equities, Investment Trusts, ETFs and Overseas Stocks (excluding US shares). Investment via Unit Trusts, OEICs, Covered Warrants, Gilts, Bonds or any other investment category are not permitted; nor are complex investments requiring an appropriateness-test.
  12. 12. The competition ends on 28th June 2019, after this date schools will need to sell any remaining investments before 5th July 2019. Any remaining investments after then will be automatically sold on 8th July 2019.
  13. 13. At the end of the competition period, the team with the highest value portfolio shown on the league table will be the overall winner (subject to compliance with rules 8 and 9).
  14. 14. After the 5th July 2018 The Share Centre will claim back the matched funding of £1,000, regardless of whether teams have made a profit or a loss. In the event that a school in the competition makes a loss exceeding £1,000, The Share Centre will bear the cost of this. If the school has been gifted £250 through the early bird incentive The Share Centre will not reclaim this.
  15. 15. Schools may thereafter withdraw the final value of their account to use at their sole discretion, or retain funds for entering next year’s competition.
  16. 16. All entrants agree to take part in relevant PR activity as and when required.
  17. 17. Prizes, as described from time to time will be awarded and are not transferable and no alternative will be offered.
  18. 18. The decision of The Share Centre shall, in all matters, be final and no correspondence shall be entered into.
  19. 19. All entrants are deemed to have read and agreed to be bound by these rules.
  20. 20. All entrants are deemed to have read and agreed to The Share Centre’s Terms of Buisness.

Annex to the rules – Winners Day

  1.   1. Travel and hotel accommodation will be paid for at the discretion of The Share Centre for members of the national winning team. The Share Centre may not be able to reimburse any overseas travel costs.
  2.   2. The regional winning teams will have travel paid to the event for a maximum of 6 members of the team (to include staff and teachers).
  •   3. The regional winning teams that wish to stay overnight will do so at their own expense.