share register

share register

a record of a company's SHAREHOLDERS which lists the names and addresses of shareholders and the number of shares and other company securities held by them. The COMPANY SECRETARY is legally obliged to maintain an up-to-date record of all share owners, which necessitates noting all transfers of ownership of shares shortly after they are bought and sold on the STOCK MARKET. TRANSFER DEEDS are used to record share purchases and these in turn are used to update the share register and issue new SHARE CERTIFICATES.

Where shares are held by NOMINEES it is impossible to identify the ultimate beneficial holders of these shares. However in the UK, where an individual shareholder acquires more than 3% of a company's issued shares through one or more nominees, the company's directors are legally entitled to insist on knowing the identity of the shareholder.

share register

a list of SHAREHOLDERS maintained by a JOINT-STOCK COMPANY that records all company shareholders and the number of SHARES that they hold. As shares are bought and sold on the STOCK EXCHANGE, the register must be constantly amended so as to maintain an up-to-date list of shareholders’ DIVIDENDS and voting entitlement, new SHARE CERTIFICATES being issued and old ones cancelled as necessary.

See COMPANY REGISTRAR.

References in periodicals archive ?
"Furthermore, the UK share register comprises a fraction of the overall total shareholding of the company," Tongaat added.
"We are delighted to welcome them onto the KIS Share Register. This placement aligns the interest of KIS shareholders and one of our key contractors.
Jay Cheatham, CEO of Pantheon Resources, said: I am delighted with the incredible support received for this fund raising, and I am pleased to welcome some new quality institutional names to our share register. 2019 has been a tremendous year for Pantheon, starting with the successful merger with Great Bear Petroleum and followed more recently with the announcement of a significant discovery at our Alkaid/Phecda project, which we believe contains between 90 135 million barrels of oil P50 Technically Recoverable Resource.
Shareholders looking to participate in the meeting must be recorded as shareholders in the share register maintained by Euroclear Sweden AB on March 28, 2019, and give notice of their intention to participate in the Meeting no later than on March 28, 2019, it added.
In addition, in connection with the registration of the merger by the SCRO, the shareholders that are registered in the share register of Com Hem Holding will receive merger consideration under which each share in Com Hem Holding will be exchanged for 1.0374 new shares of class B in Tele2 and SEK37.02 in cash.
Under the terms of the rights issue, those who are registered as shareholders in Dustin in the share register maintained by Euroclear Sweden AB on the record day of 17 October 2018, have preferential right to subscribe for new shares in proportion to the number of shares that the holder already owns.
Lib Dem leader Sir Vince Cable said Melrose's victory was only secured "through votes from short-term speculators" - a reference to the large number of hedge funds that make up GKN's share register.
"Bahrain Clear will provide Seef Properties with a variety of services that includes maintaining a record of the share register that holds the shares in electronic form, and updating the data of the registry resulted from dealing on the company's shares," said Mr Yusuf.
The firm's Icelandic founders Agust and Lydur Gudmundsson and US hedge fund Baupost will retain a majority 75 per cent stake following admission to trading, with institutional investors also set to join the share register.
These shares were then cancelled by the league's board of directors, before Huddersfield Town, Newcastle United and Brighton and Hove Albion were entered into the share register.
According to the agreement, Bahrain Bourse will provide BBKwith a variety of services that includes maintaining a record of the share register that holds the shares in electronic form, and updating the data of the registry resulted from dealing on the bank's shares in accordance with the rules and regulations of Bahrain Bourse.
New NBAD ordinary shares of 5,643,000,000 have been issued to those shareholders of FGB who appeared on the share register of FGB immediately before the Effective Date.