What is a Share / Securities Register?
A Share or Securities Register is a formal record of the ownership of a company’s shares or securities. It contains detailed information about each shareholder or member, including the number of shares they hold and the date they acquired those shares.
Is a Share Register and a Securities Regsiter the same thing?
Yes it is, just a different name used in different counttries.
Legal Requirement for Companies
In compliance with the Companies Act, all companies in South Africa are legally required to maintain an updated Share/Securities Register. The register must be made available for inspection by shareholders, regulators, and other authorized parties.
What Must the Register Include?
Why is it Crucial?
This register plays a vital role in the administration of a company. Not only is it required for statutory reporting, but it also provides essential data for company meetings, dividend distributions, and changes in ownership. An accurate register ensures that the rights and obligations of each shareholder are respected.
Get your free share register here!
