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Allotment of Shares

SYC007
€150.00
In stock
1
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The allotment of share is the issuing of new share to the existing shareholders or to third parties. The Directors of a Company may allot shares in the capital of the Company, if they have the authority to do so.

Some examples where allotment of shares may be used are as follows:

  • To raise money for the Company
  • To introduce new investors
  • To allow Enterprise Ireland or Enterprise Board Investors
  • To put in place a group structure
  • To fund a redemption of shares
  • To implement a bonus issue of shares
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