Once shares have been issued, the company should notify the allottees promptly.
This template letter can be adapted and sent to each shareholder who has been issued shares. It acts as formal notification of the allotment.
If existing shareholders are not interested in new shares to be issued but pre-emption rights exist, they can choose to waive the rights by a special resolution.
This template resolution can be adapted to allow shareholders to waive their rights to the new shares being issued.
Inform Direct is the perfect resource for allotting shares. It sends the required forms to Companies House and produces share certificates for the new shareholders. It also maintains a register of members and allotments.