Bearer Shares: Do you or your clients hold or have any in issue?

Bearer Shares: Do you or your clients hold or have any in issue?


Phase 1 of the Small Business, Enterprise and Employment Act will begin coming into force next month. From this point, companies will no longer be able to issue bearer shares. This will be the first of a number of changes effecting companies doing business in the UK and will effect new UK company formations as well.

The conversion period provided by the Act for Phase 1 will be nine months, during which time companies must either convert or cancel existing bearer shares.

For more detailed information on the Phase 1 implementation of the Small Business, Enterprise and Employment Act regarding bearer shares, click here.

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