Issue of Shares Service

£79.99

What is an issue of shares?

An issue of shares refers to the creation of new shares in a company. These shares are allocated (or ‘allotted’) to a person or persons, who may be an existing or new shareholder in the company. An issuance is made in exchange for payment by the new shareholder(s) and is normally paid in cash straight away.

What is the issue of shares process?

The typical issue of shares process starts with the prospective shareholder(s) applying to the company for shares in it, together with the relevant payment. The directors will then recommend that the existing shareholders in the company waive their right to pre-emption (the right to ‘first refusal’) on the issuance by passing a special resolution.

Once this special resolution has passed, the issue of shares is approved by the directors, who then update the company’s records, deliver the share certificates to the new shareholders, and submit the details of the allotment to Companies House.

How does this service work?

  • Select Buy Now, complete the short application form, checkout, and pay.
  • We will email you if we require additional information about your issuance.
  • You will receive digital documents in 2-3 working days by email, including the application letter, board resolution, written special resolution, and share certificate(s).
  • Once the documents have been signed, let us know by email and send a copy of the special resolution to Companies House.
  • We will then file the form SH01 at Companies House.
  • If required, we will file a confirmation statement to report the recipients of the new shares publicly. This service can be added during the order process.

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I owe a huge thanks to Rapid Formations and its fantastic customer service team for making the beginning of my company so easy.

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