OpenLegislation

Paragraph 47 Contents and execution of share certificatesI1

United Kingdom

(1)

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)

the amount paid up on them; and

(d)

any distinguishing numbers assigned to them.

(2)

Certificates must—

(a)

have affixed to them the company’s common seal or an official seal which is a facsimile of the company’s common seal with the addition on its face of the word “Securities” (a “securities seal”), or

(b)

be otherwise executed in accordance with the Companies Acts.

Annotations

Commencement

I1

Sch. 3 art. 47 in force at 1.10.2009, see reg. 1