A share certificate is a legal document that serves as evidence of share ownership in a company. It must be signed to be valid and to meet statutory requirements. Here’s what you need to know about who is required to sign a share certificate:
1. General Requirement
- Every share certificate issued by a company must be signed in accordance with company law and the company’s articles of association.
2. Signing Requirements According to the Companies Act 2006
- The Companies Act 2006 states that share certificates must be signed by:
- Two company directors,
OR - One director and the company secretary/witness
OR - If there is only one director, that director alone may sign if a witness is present.
- Two company directors,
3. Company’s Articles of Association
- Some companies adopt articles of association with further requirements or variations.
- Always check your company’s articles for details.
- Model articles generally adhere to the Companies Act 2006 provisions.
4. Electronic Signatures
Inform Direct allows the certificates to be signed electronically or physically (hand signed).