Claric Legal Services Limited
Reclassifying shares can help you attract investment, motivate your team, and retain control.
Know What It Means
Reclassification changes the rights of existing shares such as voting power, dividends, or transfer restrictions.
Use It to Your Advantage
Ideal for:
- Bringing in new investors
- Offering employee incentives
- Adjusting voting or dividend rights
- Raising capital without giving up control
Check Your Company’s Articles
Make sure your Articles of Association allow reclassification. If not, they’ll need updating.
Follow the Legal Steps
- Pass a resolution
- Get shareholder class consent (if rights change)
- File forms SH08 and SH10
- Update your Register of Members
- Issue new share certificates
- Reflect changes in your Confirmation Statement
Get Legal Advice
This isn’t one to DIY. Professional guidance ensures compliance and protects shareholder interests.
If you are ready for restructuring Claric Legal can support you every step of the way.
📞 024 7698 0613 | 📧 [email protected]
Richard Jenkins – Claric Legal Services Ltd
