A share certificate is a formal certificate issued by a company to a shareholder to certify that they are registered shareowners in the company from a particular date. The Companies Act 2006 stipulates that a company must issue a share certificate when any shares are issued.
Share certificates must be issued to shareholders within:
A share certificate should have the following information:
You should receive your first share certificates from your company formation agent along with your incorporation documents after incorporation. If you register the company yourself, you will need to create your own Shareholder Certificate.
Alternatively, you can download our free share certificate template (attached below) if you need to issue more certificates to new shareholders. This can also be used when you create new shares or sell your existing ones.
A shareholder should be issued with one certificate for each class of shares taken on a particular subscription or transfer date – regardless of the number of shares. It is unnecessary to create separate certificates for each share of the same class if they are issued on the same date. However, if a shareholder takes more than one class of shares, a separate certificate should be issued for that class.
If there is a situation where more than one person owns the same share, only one certificate needs to be issued although the shareholders can duplicate the certificate for their records if they want.
The company can give another share certificate to a shareholder who: