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Classes of shares or certificates

Learn how add, change, edit or delete a class of shares or certificates

When you you have a class of shares or certificates, you can easily include this information in the share or certificate register. In the following sections, we will provide you with step-by-step instructions on how to add, change, edit or delete a class of shares or certificates.

Don't use descriptive terms such 'Class' or 'Shares' in the class name as these terms will be automatically added in the PDF export.

Add a class of shares or certificates

You can either add new classes of shares or certificates or create a class if no classes have been previously added. 

Below you can find a step by step guide on how to add a class of shares or certificates.

For detailed instructions, click 'Start tutorial' below.

 

If you are adding multiple new classes or have just created classes for the first time, you will need to assign each shareholder to the appropriate class in a subsequent transfer transaction.

Change class of a shareholder or certificate holder

To change the class of a shareholder or certificate holder, you can execute a transfer transaction. Before you initiate this transaction, ensure that the relevant classes have already been added to the register.

Below you can find a step by step guide on how to change the class of a shareholder or certificate holder.

For detailed instructions, click 'Start tutorial' below.

 

Edit a class of shares or certificates

You can easily modify the existing classes of shares or certificates. Below are the aspects you can edit:

  • The name of the share class.
  • The voting rights associated with the class.
  • Whether the class has preferred dividend rights, along with the option to add a comment.
  • Whether the class has liquidation preference, with the option to include a comment.
  • A general description of the class (note).

Below you can find a step by step guide on how to edit a class of shares or certificates.

For detailed instructions, click 'Start tutorial' below.

Delete a class of shares or certificates

Whether you want to delete all classes or some classes, you can easily accomplish this using the Cancel Class transaction. Below you can find some additional information:

  • If you wish to delete multiple classes, please note that each class must be removed individually. 
  • If you wish to delete a specific class of shares, you can directly assign the shares to a different class. If the class is new, you must first add it to the register before proceeding with the Cancel Class transaction.

Below you can find a step by step guide on how to delete a class of shares or certificates.

For detailed instructions, click 'Start tutorial' below.