Subdivide/consolidate shares

This guide explains how to subdivide or consolidate shares using Kudocs. Subdivision decreases the nominal value of each share.  Consolidation increases the nominal value of each share.  

The action is available via:

  • All actions.

You can use either the Perform or Record route.

Screenshot of setting up a subdivision/ consolidation in Kudocs
Keep control of your corporate information: registers, documents, stakeholders, Companies House filings - accurate & available in seconds.

Perform route

Select this route and Kudocs will help you complete all the necessary steps for this action.
Step 1

Select share class and new nominal value

More detail
Select if you want to generate and distribute new share certificates.
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Step 2

Kudocs sends out resolution (shareholder) for electronic voting.

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Step 3

If all necessary votes are cast in favour, the subdivision/ consolidation is complete

More detail
Share registers are updated automatically, share certificates cancelled and generated (if selected) and form SH02 generated to be downloaded and submitted manually to CoHse.
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Record route

Select this route if the decision has already been approved by the company but the change still needs to be recorded (update Kudocs & notify Companies House).
Step 1

Select share class, new nominal value and date of the subdivision/ consolidation.

More detail
Select if you want to generate and distribute new share certificates.
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Step 2

Registers are updated automatically, share certificates cancelled and generated (if selected) and form SH02 generated to be downloaded and submitted manually to CoHse.

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Outputs - all handled automatically by Kudocs

  • Email sent to initiator informing them of resolution outcome.
  • Share registers updated in Kudocs.
  • Stakeholder page for each shareholder is updated.
  • Existing share certificates in the class concerned are cancelled.
  • New share certificates generated and distributed to shareholders (if selected).
  • Process information stored in Kudocs for future reference & any documents filed in document store.
  • Form SH02 generated to be downloaded and submitted manually to CoHse.

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Kudocs is an authorised Companies House agent