Written Resolution – Redenomination of Share Capital (s.622)

If you want to redenominate your company’s share capital (or a class of it) in accordance with section 622 of the Companies Act 2006, you must pass an ordinary resolution in a general meeting or by written resolution.

A printed copy of the resolution must be sent to the Registrar of Companies within 15 days of it being passed, together with Companies House Form SH14.

Use this document as the written resolution

This document is a written resolution which can be circulated to the shareholders of the company so that they can indicate their agreement to the resolution.

If using a general meeting instead

If the resolution is to be passed at a general meeting of the shareholders, the document “General Meeting Minutes - Share Redenomination” should be substituted for this Written Resolution.

Exchange rate requirement under section 622

Section 622 requires conversion at a spot rate of exchange determined between two currencies.

This template includes a proposed conversion from £ sterling to € (Euros) for illustrative purposes and should be adjusted accordingly.

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