You can add any number of share classes when you first incorporate a company.
The only requirements are:
- At least one share class must be irredeemable - generally considered to be 'Ordinary shares'.
- There must be at least 1 subscriber for each class of share created.
How do I add another share class?
Note: Adding additional share classes is free for subscribed users to Inform Direct only. An additional fee is charged for PAYG users.
- Give a Class description. This is a free text field.
- Choose a Currency or leave as GBP.
- Set the Nominal value per share. It defaults to £1.00 or $1.00 or €1.00 depending on the currency chosen.
- Select the Type of share from the dropdown menu.
- Add your own Prescribed particulars if the default selection is not appropriate.