How to enter a Share Transfer within the Share Register

Introduction

This topic explains how to enter a Share Transfer using the share register.

1. From the Company Secretarial menu bar, select Edit | Share Register
   
   The following screen displays.
   
2. Select the Transfers tab and click New.
   
   
   
   The following screen displays.
   

3. Select the share type to be transferred from the Share type drop-down list.

4. Enter the date of the transfer within the Date field.

5. Enter the required number of shares to be transferred in the Number of shares field.

• The share type number will be multiplied with the Payable per share value and automatically entered in the Total payable field.

6. Click Choose.

• The From field allows you to choose the existing shareholder who is transferring their shares to a different/new shareholder.

The following screen displays.

7. Highlight the existing shareholder and click Select.

8. Click Add. and select from the list to find the shareholder.
   
   The From field will be completed with the name of the chosen Shareholder.

9. Select the relevant option as appropriate.

1. • Acquired non beneficially - to be used to indicate that the To member specified above is not the beneficial owner of the shares.

   • Form 42 options - Employee Related, Shares Unrestricted, Part of Scheme, Approved scheme, PAYE/NIC has been operated and Market Value per share. Select the relevant option as appropriate.

   • If the Log stock transfer to client's history is selected, IRISPTP will automatically generate a Stock Transfer form ready to be printed from Reports | Company forms. If not selected, the transfer will show under the transfer tab in the share register but no form will be automatically generated.

10. Click OK.
    
    The following screen displays.

11. Click OK.
    
    

The Transfer is now complete.

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