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Allotment of shares covers the process by which a company issues new shares to investors, increases share capital, and allocates ownership. A solicitor drafts the allotment resolution, completes and files form SH01 with Companies House, updates the company’s register of members, and ensures pre-emption rights and article restrictions are respected. They advise on pricing, allocations, share certificates, and any conditions attached to the allotment, including rights issues or schemes. They coordinate with directors and shareholders to confirm approvals and recording.
