Digital share register.
By digitizing, follow-up is simplified for all stakeholders.
Our digital share register solution
When you create a digital share book in Invono One, you simultaneously create the opportunity to let the respective shareholders have insight, in real time, into the transaction history that concerns them. It is a good way to show respect for the capital and the trust shown by the shareholders when they choose to invest in your company.
You easily add new shareholders and the transactions carried out in the company. In our transaction module, you can easily register all the types of transactions that you can according to the Swedish Companies Act. Our user interface is intuitive and easy to follow and helps you not to make wrong registrations.
In the share register and the register of owners, you can produce a number of pdf reports or download data to Excel if you want to process the information before preparing the voter register, pro-rata calculations, etc. If there is any data you are missing, we can always help you customize reports or data you want to extract for further processing.
However, most of it has already been invented, so if you are missing something - contact us and we will show you how to get the information.
Neatly organised certificates.
Our digital share register provides you with a clean and simple overview of all your share certificates complete with transaction history.
We support all transaction types.
A share register consists of a multiple of different types of transactions. We've made sure to support all of them, so that you can account for all the details of your ownership history.
Below is a highlight of the most significant types of transactions you can register in your share register:
Transfer of shares
When a transfer of shares takes place from one party to another. You can choose exactly which sequence is transferred and whether the price should affect the company's valuation or not.
New share issue
When shares have been issued to new or existing shareholders. All types of issues and whether it is an existing share class or a new share class that is issued.
Split / Merge
When existing shares are split into more shares or consolidated into fewer shares. Commonly referred to as split or reverse split.
Conversion of shares
When converting between share classes. For example, if you want to relabel B shares to A shares and then issue new shares as B shares.
Bonus Issues
A bonus issue means that funds that are already in the company are transferred to the share capital. In the case of a bonus issue, no new assets are added to the company.
Adjustments of votes
Different shares can have different voting value. The voting value of one share may be at most ten times higher than the voting value of another share.
Reduction of share capital
The share capital of the company can be reduced to redeem someone's shares or to cover a loss. Reduction of the share capital can be carried out with or without withdrawal of shares.
Shares pledge
Pledge of digitally held shares is manifested by a note in the share register that the shares are pledged.
Change of reservation
Different types of reservations on shares must be noted in the digital share register. It can be a right of first refusal-, post sale purchase right-, consent-, redemption- or conversion clause.
Get a clear ownership history.
Turn back time and view the state of your share register at any point in the past.
You can see and print a complete transaction history as well has see the change log on individual share certificates.
Export & import your data.
Quickly export your data to Excel if you want to process the data or create your own charts or summaries. Pretty much all the data you see in the platform can be exported to Excel.
You can also import your own existing data in order to get quickly up and running with your new share register.
Issue shares effortlessly.
Experience the benefits of the otherwise time-consuming, complex and expensive job of issuing shares in your unlisted company by following a structured workflow streamlined towards addressing the legal and practical concerns associated with this process.
Questions about Digital Share Register
Does the share register in Invono One comply with the legislation?
Yes, the digital share book and the transactions that can be carried out in the share book comply with the Swedish Companies Act (ABL 2005:551).
Whose responsibility is it to keep the share register updated?
It is the board's responsibility to keep the share register up to date. The share register must be updated as soon as allocation has taken place in an share issue or when the board has been informed that a transfer has taken place between two shareholders.
Can the share register be transfered from Excel or .csv files?
Yes, it is possible to transfer both the shareholder register and share transactions via Excel (or .csv files). However, we recommend that you enter the shareholders via our user interface which is connected to the Swedish Tax Agency so that the shareholder is entered with the last known address. The interface is both intuitive and fast, which means that the time saving is relatively small. When it comes to transactions, it is generally only larger issue rounds that are worth to transfer via Excel. If you have questions or need help with replication or validation of your share register before digitization, contact us for an unconditional discussion. Relatively often, we also find errors in the share books, which we help to correct before the entry in Invono One. In Invono One, your shareholders automatically get access to the market's best custody service, which means that they both feel respected and involved and can find answers to many of their questions themselves, which saves time for the company's representatives.
How many shareholders can you have in an unlisted company?
You can be any number of shareholders in an unlisted company (coupon company) and manage the share register yourself, e.g. via Invono One. It is then the board that is responsible for keeping the share register up to date. The advantage of not becoming a reconciliation company is that you check your share register yourself and maintain direct contact with your shareholders. We at Invono see it as an unlisted company profiting from "sitting in the same boat" as its shareholders. Everyone has an interest in taking the company towards the common goals set by the company. When you become a clearing house and list your share on a stock exchange, it becomes more that everyone looks at their own short-term gain by speculating on the share's future. There are of course advantages and disadvantages to both perspectives, but one must clearly act in favor of a premature IPO. The climate on the stock exchange is "unforgiving" and it costs significantly more money to be listed. If you have any questions, book an appointment for a free consultation where we will help you gain perspective on the issue.
Get started for free today.
You can add any number of shareholders, carry out all types of transactions and create a digital share book for free.