Allotment of Shares

Allotment of Shares

₦25,000

Issue New Shares and Restructure Your Company’s Ownership with CAC

Share Allotment allows a company to issue new shares to existing or new shareholders, whether for raising capital, rewarding employees, or restructuring ownership. With SplashDict, our CAC-accredited team ensures that your share allotments are processed quickly and efficiently.

Service Fee (All inclusive):

₦25,000

File Share Allotment in Nigeria

Here’s how SplashDict’s CAC-accredited experts assist you:

  • Documentation & Filing: We manage all the required documents, resolutions, and statutory forms for CAC filing.

  • Official Document: Receive an updated CAC Status Report reflecting the changes in your company’s shareholding structure.

  • Transparent Pricing: Covers CAC fees and our service fee with no hidden charges.

  • Fast Processing: Request is completed within 2–10 working days, subject to CAC approval.

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Why File Allotment of Shares with CAC?

Share allotment is the process of issuing new shares to designated shareholders, whether individuals or corporate entities. It helps companies raise capital, reward employees, or restructure ownership.

New shares can be allotted to both existing and new shareholders, potentially affecting ownership proportions. Typically, share allotment occurs after the company has raised capital and determines the total shares to issue.

  • Raising Capital: Issuing new shares allows a company to raise funds for expansion, new projects, or debt reduction.

  • Attracting New Investors or Partners: Share allotment can bring in new investors or business partners to support growth or bring in strategic expertise.

  • Employee Stock Options: Companies may allot shares to employees as part of incentive or stock option plans.

  • Restructuring Ownership: Share allotment may be used for restructuring, reorganizing, or consolidating ownership within the company.

  • Facilitating Corporate Actions: Filing the allotment allows new shareholders to officially exercise their rights and participate in company decisions.

CAC Post-Incorporation Services

Requirements for Filing Share Allotment with CAC

  • Annual Returns: All of your company’s annual returns must be fully paid and up to date before submitting this application.

  • Company Details: Provide the company’s name and CAC registration number.

  • Board Resolution: A signed resolution by directors or authorized officers approving the action.

  • Allottee Details: Full name, contact information, nationality, occupation, and a valid ID (for individuals) or company name and RC number (for corporate entities) receiving the new shares.

  • Share Allotment Details: Include the class, number of shares being allotted, and consideration (cash or non-cash).

  • Share Certificate: A copy of the share certificate(s) for the newly allotted shares.

  • Authorization: The application must be signed by the company’s directors, secretary, or an authorized representative.

File Share Transfer

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