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This doc maker creates the resolutions required to approve the issue of shares in a company.
Under New Zealand securities legislation, a company may not issue (or offer to issue) shares, options or other securities without providing detailed disclosure information to the new shareholders unless the company is satisfied that an exception to the information disclosure requirements of the Financial Markets Conduct Act 2013 applies in relation to that offer or issue.
Please see our NZ securities law – tech company capital raising guide for an explanation of the relevant exclusions. A company must ensure that an exclusion applies before it offers to issue, or issues, shares.
The company must notify the Registrar of Companies of the share issue within 10 working days after the shares are issued. This can be done online via the Companies Office website.
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