Issue of Shares Service

The process usually takes 2-3 working days, including document drafting, signing, and filing the SH01 form at Companies House. If you opt for a confirmation statement filing, the new shareholder details will be updated immediately on the public record.

You will need to provide:

• Company name and registration number
• Authentication code (Companies House filing code)
• New shareholder’s name and home address
• Number of shares being issued
• Price paid for the shares
• Next available share certificate number

If a confirmation statement is purchased, you must confirm the date the documents were signed. Our team is available to assist if needed.

Not exactly.

• Issuance refers to the creation of new shares.
• Allotment refers to their allocation to shareholders.

The Companies Act 2006 has streamlined the process, making these steps happen almost simultaneously.

Any class of shares can be issued if the company’s articles of association allow it.If your articles do not currently support multiple share classes, you may need our ‘Conversion to Multiple Share Classes’ service (£149.99 + VAT).

Pre-emption rights give existing shareholders the first option to buy new shares before they are offered to new shareholders. These rights can be waived by passing a special resolution.By default, the Companies Act 2006 grants pre-emption rights, unless the company’s articles disapply them.

Yes. Share certificates are included and will be sent along with your other documents, along with execution instructions.

The SH01 form must be filed within 30 days of the share issuance. This will update Companies House records to show that new shares have been issued.

To update the list of shareholders publicly, a confirmation statement is required.
✔ You can wait until your next confirmation statement is due, or
✔ File one immediately by adding our Confirmation Statement Service (£55.99 + VAT).This is useful for opening a business bank account or dealing with lenders.

Simply select the Confirmation Statement Service when completing the order form.

If a share issue changes the PSC (People with Significant Control), you can purchase our PSC Filing Service (£19.99 + VAT per notification).

Generally, there is no limit, unless the company’s articles of association impose restrictions. Some companies with multiple share classes may also have limitations.

Payment is usually required at the time of applying for the shares. Some companies allow partial or deferred payment, depending on their articles of association.

Stamp Duty applies only to share transfers, not to new share issues.If shares are transferred (not newly issued) and the consideration exceeds £1,000, Stamp Duty must be paid to HMRC within 30 days to avoid penalties.