Issue new shares (allotment)
Issuing new shares takes the members' approval, a board resolution to allot, and Form NSC1 within one month. Draft the pack here, free.
What’s in the pack
An allotment changes who owns the company, so it is worth doing in the order the Ordinance expects: authority first, then the board resolution, then the return of allotment. The pack below follows that sequence and leaves the register of members ready to write up.
Two documents in one Word file. Open either to see what it does.
1. Members’ written resolutions
The members authorise the directors to allot the new shares — required for most allotments under the Companies Ordinance.
2. Board written resolutions
The directors allot and issue the shares, instruct the NSC1 filing with the Companies Registry, and authorise the new share certificate.
For one allottee at a time — run the tool again for additional allottees. Issuing shares to a new 25%+ owner also means updating the significant controllers register.
Create your document
Preview
Review every detail carefully before signing — you are responsible for the accuracy of the final document.
Download your allotment pack — free
Enter your details and the Word file (.docx) downloads instantly — the document itself is generated in your browser and is never uploaded. We’ll follow up by email in case you’d like help completing the next steps.
Your document has downloaded.
Check your downloads folder for the Word file. Didn’t get it? Download again.
An allotment also moves your Significant Controllers Register, and the NSC1 deadline is one month, not fifteen days.
Would rather not do it yourself? LAULEGA files it for you at a published price, and the documents land in your client portal.
After you sign
- Collect the subscription money — the shares are issued against payment of the consideration.
- File Form NSC1 with the Companies Registry within 1 month of the allotment, and issue the new share certificate within 2 months.
- Update the registers — register of members, and the significant controllers register if the allottee reaches 25% or more.