The following information is an example of how a company may issue new shares.
Your company has an existing issued share capital of 100 x £1 shares
There are currently two share holders holding 50 x £1 shares each = 100 x £1 shares
You want to add a third shareholder with an equal share holding
Complete form SH01 issuing an additional 50 shares to the new shareholder. Record the issue of shares on a written resolution or company minutes for your own company records. You will also need to update your company registers with the new shareholders details. Send form SH01 (keep a photocopy for your records) to Companies House or complete the form online.
The company now has 3 shareholders holding 50 x £1 shares each. A total of 150 x £1 shares will now be in existence.
Form SH01 can be completed online or you can submit a paper version. The online version is a lot more simple to complete. You can find an informative guide on completing form SH01 on our website.