Whatever your requirements for allotting shares, our service ensures that your share issue is taken care of quickly and efficiently. We will complete and provide all the required company statutory paperwork to complete the task.
The process for allotting shares in a company starts with the offering of shares to the intended recipients, who should then complete a letter off application. Approval of the allotment of shares is then considered at a board meeting of the directors who then authorise the issue of share certificates to the new shareholders and instruct that the required updates to the company register of members and register of allotments be completed.
The share certificates are then issued to the new share holders and the allotment form is filed with the Registrar. The form must be delivered to Companies House within 28 days. It includes a statement of capital, which details the overall structure of a company’s shares and the attached share class rights.
It is important to update the register of members as this is the primary evidence of who owns shares in the company.
Our service includes the provision of the following, all fully completed and compliant:-
- Allotment of shares form (we can file this electronically or provide paper form completed for signature)
- Letters of Application on Allotment
- Directors board meeting minutes
- New share certificates, consolidated, and correctly numbered
- A full complete set of updated company registers
- Updated PSC details on registers and publicly
It is important that PSC (Person of Significant Control) details are kept up to date on the company registers and with Companies House. We will make sure that all required PSC updates are completed and filed as part of our service.
Our normal charge for an allotment of shares is £80. All companies are different, so we will need to look at the complexity and history of the company to make sure that the service can be completed as efficiently as possible. Please click on our quick quote below and we will be in touch as soon as possible with a no-obligation quote.
|Allotment of shares||From Only £80.00||Get a quote|