Overview
A company may issue different types of shares with different conditions. These can include:
- Ordinary Shares
- Preference Shares
- Redeemable Preference Shares
- Convertible Preference Shares
- Treasury Shares
The company’s share details, such as the number of shares held, issued share capital and amount of paid-up share capital must be kept up to date with the Companies Registry as part of the annual return.
Navigation
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From the Main Toolbar, go to Company |
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Select the Company from the list |
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Select Members/Shareholders |
Click
Select Allotments
Instructions
CAS 360 will display the Allotments screen
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Field |
Explanation |
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Transaction Date |
Input the date of the allotment. |
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Allottee |
Begin typing the shareholder’s name. CAS 360 will search the Global Contacts screen for the person. If the contact has not been previously saved to the database, select |
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Beneficial Owner |
Toggle See beneficial owners for more information. |
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Share Type |
Select the issued Share Type from the list. |
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Number of Shares |
Input the number of shares allotted. |
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Consideration Type |
Select the consideration type given to acquire the shares.
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Premium Paid / Unpaid Per Share |
Input the premium paid or unpaid on the shares. A premium is paid when shares are issued at a price in excess of their value. Example: $10 is paid for a $1 Ordinary share, the Premium paid is $9. |
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Meeting Status |
Select the meeting status of the member which will display on the Members Minutes |
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Notes |
Add extra notes in relation to the allotment |
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Field |
Explanation |
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Certificate Type |
Select the Certificate Type. Choose between Transaction, Balance or None. |
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Certificate Number |
CAS 360 will automatically pre-fill a number based on previous shareholder transactions. |
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Certificate Location |
Enter the location of the Certificate |
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Unique Numbers |
Type a Unique Number to assign to the shares. |
Click
Forms Prepared
By selecting Prepare Forms CAS 360 will display the Document Production screen and automatically select the documents required:
- Cover Letter (optional)
- Share Certificate
- Allotment Journal
- Members Consent to Short Notice (optional)
- Company Change Summary
- Application for Shares
- Form NSC1 - Return of Allotment
- Members Minutes or Resolution (optional)
- Register of Members
- Directors Minutes or Resolution
- Notice of EGM (optional)
Select the icon to change any of the document settings. Different options will appear depending on the document type.
Once the forms and documents have been prepared, select Download All or Send All.