cryptohunter
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Changing a company's shares is a careful and regulated process. First the board suggests changes to the company's rules in a board resolution. This document explains what they want to change in the share structure.
After the board agrees, it's up to the shareholders. They get told about the changesusually in a meeting, and their agreement is rellyimportant. Depending on whats changing, specific majorities might be needed.
Once the shareholders say okay, the company has to fill out forms for Companies House, which is the official company registrar in the UK. These forms have all the details about the new shares and copies of the decisions made.
After the board agrees, it's up to the shareholders. They get told about the changesusually in a meeting, and their agreement is rellyimportant. Depending on whats changing, specific majorities might be needed.
Once the shareholders say okay, the company has to fill out forms for Companies House, which is the official company registrar in the UK. These forms have all the details about the new shares and copies of the decisions made.
