How to issue new shares

The issue of shares procedure

To issue shares in a company is to create new shares, and:

1. All existing members are to agree to the issue of shares via a board meeting.
2. You are to complete a return of allotment of shares via an SH01 form.
3. Create board resolution, meeting minutes, and issue the share certificate(s) to the new shareholder.
4. Include the new issue of shares information in the company's confirmation statement.

5. Report the new changes to Companies House within a month.

A company should keep copies the documents, certificates, etc, at its registered office or SAIL address.

How to issue new shares

There are 2 options you can choose from to issue new shares:

1

You can purchase our Issue of Shares service, and we'll complete and send to you all the necessary documentation and provide meeting minutes, board resolution and blank share certificates on your behalf. 

Once completed, all you will need to do is file a confirmation statement, and report the new changes within 1 month so Companies House is updated with the information.

2

Another option to issue new shares is to complete an online or paper  SH01 form; you will need to submit this yourself to Companies House. Please ensure you follow the issue of shares procedure if considering this option.

Please note, the Return of Allotment of Shares function is no longer available to use from your MadeSimple account and so you will need to complete one of the two options above.

FAQs

I've completed an issue of shares and now need the new share certificates. Where can I find them?
We will provide you with a hard copy of the blank certificates to fill in when you purchase our service. Alternatively, you can download a digital copy from your account.

My online portal is not showing the new shareholder details. What is wrong?
If you've completed an issue of shares and filed the confirmation statement to Companies House, the information is updated on our system within 24 hours. Once 24 hours have passed, click the 'Sync Data with Companies House' button allocated at the top of your company details page. 

This article is a general overview, and before issuing new shares we recommend for you to seek legal advice.