This section discusses how to setup and manage Shares, there are a few ways of accessing the Shares screen. The first of these is done from the companies grid by right clicking on a company, going to "Company Details", and going to the sub menu "Related Details", then selecting "Shares".
Another way of viewing the Shares menu is to instead navigate to "Edit Company Details" located above Related Details. Once inside this screen you should find and click the "More Info" button to the bottom left of the screen, this will open up a sub menu reminiscent of the Related Details menu complete with a "Shares" option.
A final way to view the Shares screen is also within the Edit Company Details screen, if the company has some Shares issued already, you should notice a "Shares Register" tab at the top of the screen. Click this, once inside the Register click "Edit" and then "Share Information" to access the Shares screen.
Selecting the Shares option from the right click menu will display the Shares screen to the user, the Shares screen is shown below.
From this screen the user can create new share categories by pressing the add button, which will present the user with the following screen.
The user can then select the share category from the drop down box, and enter the quantity and values of the shares, and select the currency for the shares, once this information is completed the user can click Ok to add the share category.
To remove a share category the user can select the share category and press the remove button, share categories can only be removed if no shares of that category have been issued.
To change the currency of a share category the user can select the required share category and press the Change Currency button, this will display the following screen.
The user can then select the new currency from the drop down box, and enter the quantity, share value and total value, then click Ok to finish.
The final button on the Share Category screen is the Change Nominal Quantity button, this is used to increase or decrease the number of total shares for the selected share category.
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To Issue or Transfer shares the user can click on the Share Issues / Transfers tab on the shares screen, the Share Issue / Transfer screen is show below.
From this screen the user can issue shares, transfer shares, view previous holdings of shares and view full details of an share issues.
To issue shares the user can press the Issue button, this will display the following screen to the user.
The user can then enter the required information including shareholder, share category, quantity, issued date, share value, premium, certificate number and a suitable narrative. Once the user has entered all the information they can press the Ok button to issue the shares, doing this will generate the share certificate for the user that can be printed out or saved as needed.
At this point a nominee share holder can be assigned using the tick box available. Once ticked a drop down menu showing a list of available nominees is shown and one can be selected. Note: The drop list shows entities linked as beneficial owners to the share issuing company. If no beneficial owners have been set then the list will be blank. Beneficial owners is a separate topic found here: Beneficial Owners
To transfer shares the user can select the shareholder to transfer shares from and the press the Transfer button, this will display the share transfer screen to the user. The share transfer screen is shown below.
The user can then select the shareholder to transfer shares to, select the transfer date, quantity, share value, certificate number and narrative. Once this information is entered then the user can click the Ok button to transfer the shares.
To view all previous holdings the user can press the Previous Holdings button to see a complete share history for the selected company. Pressing the Previous Holdings button will change the list displayed to show all share history instead of just current holdings, to change back to only show current holdings the user can press the current holdings button which replaces the previous holdings button when the display is changed.
To view the full details of a share issue, the user can select the share issue from the list and press the Full Details button, this will display the following screen to the user.
From this screen the user can see all the share details of the select shareholder for the selected share category. To reprint the share certificate the user can press the Print Certificate button, this will open the share certificate in a preview where the user can save the certificate to file or print it.
The Amend Details button can be used by the user to change the narrative or the certificate number of the selected share transaction line using the following screen.
The Redemption button can be used by the user to redeem the selected shares with the issuing company. |
