Enter details of the share movement/transaction for this member.

To select the share type, simply click on the arrow to the right of the share type box and select an entry from the drop down list.

You must also select whether this entry is a Transfer, Allotment, Reorganisation, Purchase own Shares, Balance B/Fwd or Other.

If it is a Transfer then you will also be prompted to enter the folio of the member to/from whom the transfer is being made.  The "double entry" will automatically be made in respect of the other member.

If an Allotment, you may specify if it is for Subscriber Shares by ticking the relevant box.

Specify Reorganisation if, for example the company has issued 10 x 10p shares for each £1 share. See also Share Reorganisation Wizard for automated calculations/entries.

In this example you should create two entries for each member:

1. A a negative Reorganisation entry for the £1 shares.  Simply enter the number of shares of £1 that the holding is to be reduced by (by typing a minus sign followed by the number of shares). NB. In the Share Types tab, you should first have changed the authorised share capital of the "old" shares as appropriate.

2. A separate positive Reorganisation entry for the 10p shares (having first created the new class of shares in the Share Types tab).

If the company is purchasing its own shares, use the Purchase own Shares type and enter a negative number of shares (by typing a minus sign followed by the number of shares).

If you are not entering all of the movement details but are transferring balances from another register then use the Balance B/Fwd type.

For any other type, use Other.

Enter the number of shares in the box.

Transfers:

If Shares transferred from this member - enter a negative number (by typing a minus sign followed by the number of shares).

If Shares transferred to this member - enter a positive number.

Allotments:

If entering an allotment - enter a positive number.

Company Purchasing own Shares:

If the issued share capital of the company has been reduced by virtue of the company purchasing its own shares - enter the movement as a Purchase own Shares and enter the number of shares as a negative amount (by typing a minus sign followed by the number of shares).

In order for the program to suggest the next Allotment or Transfer references or the next Distinctive Numbers of shares, simply click on the appropriate Allocate No. buttons.

Print Stock Transfer Forms

Form 42 data

For each share transaction, you can enter Form 42 data.