Transferring ownership of shares can be complex and time consuming. But it doesn’t have to be. We offer a digital solution that takes care of the entire front-to-back share transfer process.
Investors can sell and transfer shares in a few easy clicks and you get peace of mind that your legal, tax and regulatory requirements are covered.
With the private share transfer market worth an estimated £140 billion each year in the UK, our solution is essential for companies likely to have ownership transfers between their shareholders. Our process is effortless from start to finish – with no physical signatures or complicated forms – ensuring a painless experience for you and your shareholders.
We allow you to execute transfers with absolute confidence that we have you covered for every step of the share transfer process.
Our software allows buyers and sellers to easily agree the terms of a share transfer. The seller simply needs to complete one simple form with the details of the sale, and invite their buyer to agree electronically. Once agreed, the buyer can transfer funds directly to our segregated client money accounts, ready for settlement.
Once the buyer and seller have agreed on their terms, the company (issuer) receives an alert asking to approve or reject the transaction. This process – which usually involves a lot of email forth and back, now happens online and in a few clicks.
Traditionally it takes time and effort to ensure all steps are completed to ensure a share transfer is legally valid. But with our software, settlement is completely automated and we even deduct stamp duty if relevant, sending the payment and stock transfer form electronically to HMRC.
When you execute share transfers with us, the change in ownership feeds directly into your cap table, with no need for any manual updates. We also issue new digital share certificates to the buyer.
We calculate if stamp duty is to be paid, how much and we process this for you with HMRC
Share certificate automatically updates upon completion of the transfer and change of ownership
No more paperwork. Use legally binding digital signatures
We hold the funds until the transfer completes and then release to the seller
Full audit trail of the transfer and exchange of funds. Information can be used to complete any relevant tax returns.
Once a transaction has been initiated by a seller and approved by a buyer its sent direct to the issuer for approval – all within Globacap’s platform.
Get in touch to see how we can streamline your fundraising or cap table management.
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