What is the “Return of Allotment of Shares”?

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new sharesThe “Return of Allotment of Shares” is the process of adding new shares into a company.

For example, a company formed with 1 share can complete a “Return of Allotment of Shares” (also known as the SH01 form) and increase the number of shares to a new amount. The name of the shareholder who is to receive these shares is not named until the confirmation statement is filed with Companies House.

This post was brought to you by Mathew Aitken at Companies Made Simple – The Simplest Company Formation Service

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