Shareholder Letter of Application for Subscription to Shares

Use this Shareholder Letter of Application for Subscription to Shares when a person wishes to subscribe for shares in a company.

Confirm a share subscription and the price per share

The letter confirms the number of shares subscribed for and the amount paid per share.

If the amount paid per share is the nominal value (also known as the “par value”), the subscription is described as “at par”. If the amount paid per share is more than the nominal value, the shares are issued at a premium and the premium amount is stated.

Authority to add the subscriber to the Register of Members

The letter authorises the subscriber’s name to be added to the Register of Members.

Undertaking to pay the subscription monies

The letter provides for an undertaking to pay the subscription monies either:

• in full and on demand (where the letter has been issued before the company has been formed); or
• by attaching the remittance to the letter (where the company is in existence).

Shareholder Letter of Application for Subscription to Shares is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.