Guidance Note: Issuing & Transferring Shares

This Guidance Note: Issuing & Transferring Shares is a practical guide for private companies covering the issue, transfer & allotment of new shares. The note aims to complement the various board meeting minutes and shareholder resolutions in this sub-folder.

This Guidance Note includes a discussion of:

• Who shareholders are;
• What share capital is;
• Types and classes of shares;
• Maximum and minimum number of shares in issue;
• Powers to allot new shares;
• Pre-emption rights;
• Issue of new shares;
• Share transfers and possible restrictions on share transfer; and
• The mechanics of transfer through a stock transfer form.

This Guidance Note is a useful starting point or ‘aide-memoire’ to a company secretary or administrator considering the often complex issues surrounding the issue, allotment and transfer of shares.

Guidance Note: Issuing & Transferring Shares is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.