CHELSEA PITCH OWNERS PLC (CPO) E:[email protected] W: www.chelseapitchwoners.com How To Transfer a CPO Share If you wish to transfer a CPO share to someone else there are a number of ma=ers to consider and things do. This document explains what you have to do and how to complete the required transfer form. !
FORMS TO RETURN TO CPO 1. J30 Stock Transfer form duly completed and signed. 2. Original Chelsea Pitch Owner CerKficate. (Please do NOT send this in a frame.) 3. Appropriate cheque or Credit Card details. Please use the Share applicaKon form on the website to complete these details. The charges are listed below. We must have the physical documents and will not accept scanned and emailed documents. Please send the material to the address at the end of this form. !
CHARGES A. Acknowledgement of registraKon via email is required NO CHARGE B. Replacement cerKficate, no frame £5.00 C. Replacement CerKficate, framed £28.00 D. Replacement CerKficate, signed by first team player £50.00 !
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CPO SHARE TRANSFER PROCEDURE Our arKcles of associaKon set out the following procedure, which must be followed for transferring shares: 1. The seller of the shares completes and signs the stock transfer form
2. Where necessary, the buyer signs the stock transfer form
3. If required, the stock transfer form is sent for stamping and stamp duty is paid
4. The company receives and checks the transfer documents
5. The board of directors decides whether to approve the transfer
6. The company updates its statutory registers, cancels share cerKficate(s) and issues new cerKficate(s) required 7. The transfer is confirmed to Companies House as part of an Annual Return. HOW TO FILL OUT THE J 30 TRANSFER FORM
1. ConsideraKon money:
Where shares are being transferred for cash, enter the amount of money being paid here. If no money is to be paid for the shares, enter ‘NIL’. 2. Full name of Undertaking:
Enter CHELSEA PITCH OWNERS PLC here.
3. Full descripKon of Security: Enter ORDINARY SHARES OF £100.00..
4. Number or amount of Shares, Stock or other security:
Enter the NUMBER OF SHARES TO BE TRANSFERRED, in both words and figures. 5. Name(s) and address of registered holder(s):
Enter the NAME OF THE CURRENT SHAREHOLDER If someone other than the named shareholder is transferring the shares, please also write the capacity in which they will be signing the stock transfer form. For a deceased shareholder, for example, the full names of the legal personal representaKve(s) should be included. !
6. Signature(s):
This is the signature of the PERSON TRANSFERRING THE SHARES. There are a few instances where someone else may sign stock transfer forms here: • • !
The legal personal representaKves should sign on behalf of the estate of a deceased shareholder. Where a Power of A=orney has been registered with the company, the a=orney may sign on the seller’s behalf.
You should also enter the date that the transferor(s), or another person arranging the transfer on their behalf, has signed the stock transfer form. 7. Name(s) and address of person(s) receiving the shares:
Enter the NEW SHAREHOLDER NAME AND ADDRESS 8. Stamp or name and address of person lodging the stock transfer form:
If the new share cerKficate should be send to someone other than the first-­‐named person receiving the shares stated above, their name and address should be included here. !
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PAGE 2 STAMP DUTY Please note that Share sales are governed by Stamp duty tax rules. The rules are as follows: TRANSFER FOR MONEY LESS THAN £1000 COMPLETE CERTIFICATE 1 of stock transfer forms. If this is the case, so long as the cerKficate is fully completed no stamp duty will be due.
You should delete “I” or “We” as appropriate in each place they appear.
TRANSFER AS GIFT/PART OF A WILL ETC COMPLETE CERTIFICATE 2. Stamp duty is not chargeable: • • Shares you receive as a gij and that you don’t pay any money or other consideraKon for; Shares you receive from your spouse or civil partner when you marry or enter into a civil partnership; • When any shares are transferred to you as a security for a loan; • Shares that were held as security for a loan that are now transferred back to you when you repay the loan; • Shares held in trust when they are transferred from one trustee to another; • When any shares are transferred to you as a security for a loan; • Shares that were held as security for a loan that are now transferred back to you when you repay the loan; • Any transfer made by a liquidator as se=lement to shareholders when a company is wound up; However, if any of these condiKons apply and the consideraKon for the shares is stated as nil on the front of the stock transfer form, neither cerKficate needs to be completed. In that case, the stock transfer form does not need to be sent to HMRC and there will be no stamp duty to pay. Some transacKons are exempt from stamp duty and also covered by CerKficate 2. You should therefore complete this cerKficate if: • • • !
Shares have been lej to you as part of a Will; Shares are transferred if you get divorced or if your civil partnership is dissolved; or Exempt stocks such loan notes, permanent interest bearing shares or debentures are being transferred. Once again, where CerKficate 2 applies you should delete “I” or “We” as appropriate in each place they appear and the cerKficate should be signed and dated as appropriate !
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Chelsea Pitch Owners PLC Irene House, Five Arches Business Park, Maidstone Road Sidcup Kent DA14 5AE Tel: 01234 351581 Email: [email protected] Web: chelseapitchowners.com
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