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 tutorial' below.
Step-by-step:
- Click on 'New transaction' at the ownership tab.
- Select 'Pay-up shares'.
- Select the pay-up method and click on 'Next'.
- Complete or verify the pay-up amount based on the pay-up method you selected.
- Once finished, click on 'Save and execute'.
- Complete the decision date and click on 'Execute'.