Uncertificated Shares / Order Number

Nonto Mthembu
Nonto Mthembu
  • Updated

 

These days, uncertificated, or book-entry shares are quite common. Using Athennian, you have the power to sort uncertificated shares without certificate codes.

  1. From an entity record, navigate to Securities > Ownership

  2. From the Transactions tab, click +New to begin an Issuance

  3. Enter the appropriate Details and Holding Selection and then from the Certificate tab, select the ‘Uncertificated Shares’ option

Once selected, you'll notice that the Certificate Code defaults to N/A - that's right because Uncertificated Shares no longer have Certificate Code applied!

From this screen, you’ll also be able to determine the order in which the certificate will be listed (sort order) both for default viewing in Athennian and when generating documents.

 

Click the Preview tab to see all the details for the issuance. Then select Create and see your new Uncertificated (un-coded) Shares!

 

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