Paragraph 24 Share certificatesI1

United Kingdom

(1)

The company must issue each shareholder, free of charge, with one or more certificates in respect of the shares which that shareholder holds.

(2)

Every certificate must specify—

(a)

in respect of how many shares, of what class, it is issued;

(b)

the nominal value of those shares;

(c)

that the shares are fully paid; and

(d)

any distinguishing numbers assigned to them.

(3)

No certificate may be issued in respect of shares of more than one class.

(4)

If more than one person holds a share, only one certificate may be issued in respect of it.

(5)

Certificates must—

(a)

have affixed to them the company’s common seal, or

(b)

be otherwise executed in accordance with the Companies Acts.

Annotations

C1: Sch. 1 applied (with modifications) (24.11.2025) by General Cemetery Act 2025 (c. ii), ss. 1(2), 3(3)