Issueing shares to shareholders

[whichwdc]

Hi,

Just wondered how I can issue new shares to existing shareholders. The company has 100 ordinary shares, 10 have been allocated to 3 people and I want to now allocate more to each shareholder. I thought it was using the SHO01 form on companies house, however you can allocate shares but doesn't give you the option to who to allocate them too.

Any advice would be much appreciated.

Thanks

N

 

[jules12345]

They have to be bought - or you buy them and give them away if articles allow etc etc.

issuing shares = process of shares created by company

allotting shares = distribution of shares and person aquires right to membership etc.

Regards
Jules

 

[whichwdc]

But how are they legally allocated so that theres a record of it

 

[jules12345]

http://www.ukbusinessforums.co.uk/forums/showthread.php?t=30218

^^^ should answer alll ,....!

One question i have is who owns the other seventy ?

Regards
Jules