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Pay-up shares

Learn how to use the pay-up transaction

When shares or certificates require a pay-up, you can easily record this transaction in the register. You can choose from three different methods to record this pay-up transaction:

  • Pay-up pro rate: enter the total amount to pay-up. This amount is distributed among the shareholders on a pro rata basis (in proportion to their total share percentage).
  • Pay-up for percentage: enter the percentage of the total outstanding amount to pay-up that each shareholder should pay-up.
  • Manually: manually enter the amounts to pay-up for each shareholder.

Below you can find a step by step guide on how to use the pay-up transaction.

For detailed instructions, click 'Start tutorialbelow.

 

Step-by-step:

  1. Click on 'New transaction' at the ownership tab.
  2. Select 'Pay-up shares'.
  3. Select the pay-up method and click on 'Next'.
  4. Complete or verify the pay-up amount based on the pay-up method you selected.
  5. Once finished, click on 'Save and execute'.
  6. Complete the decision date and click on 'Execute'.