-
• #827
...knowing the number of shares that you own.
Is there a way to find out how many shares you own via the Seedrs website? My investment page shows my total cash invested (round 1 + round 2) and the recent email shows how many shares I bought in round 2. But can I see what my %age stake is in total, or how many shares I own in total?
-
• #828
do you still have the first share certificate?
-
• #829
The share certificates are the definitive record that you should have. Surprised to see the numbers not visible on the Seedrs site.
If you have lost your share certificate please contact Seedrs.
In theory I know the exact numbers people hold too... but those numbers are buried in a Subscription Agreement and right now I'm busy coding and would like to continue to do so.
If you cannot find the numbers, then I may look them up for you later. But you really should refer to your share certificate.
-
• #830
OK, just dredged it up. First one said 5, then there was a correction that said 115. Plus 50 in second round, so 165.
-
• #831
£50 into round 1 got you 115 shares... = lotsa dorra
-
• #832
Worth pointing out that the OG email subject makes no mention of shares, instead is certificate of beneficial ownership
-
• #833
The two certificates issued by SEEDRS are markedly different. Why?
-
• #834
there is no fixed format for share certificates - as long as they say the name of the right company, the number and class of shares and the nominal value of those shares e.g. "14 ordinary shares of 1p each" and the number of the share certificate "certificate #4" and executed (signed) by two directors (or in a number of other ways) then it is fine. [NB there are other requirements/special cases but this is true in most cases]
I would think that likely reasons for a change in the appearance of the certificates are - 1) Seedrs changed law firm or 2) Seedrs changed company administrator, neither of which mean any thing much.
-
• #835
The first round cert states shares are worth £0.000001 on the cert.
The 2nd round doesn't state a value on the Cert though the accompanying email says each are worth £1.49All a little confusing and how can one check the value of each share over time?
Second question, when I die I would wish my Son/Partner to share to share these assets, do I need to do anything apart from state that in a Will to enable this?
-
• #836
Certificates can be of any design, they do not have to be consistent even from the same company.
I suspect Seedrs changed theirs just as a consequence of moving from manually issuing certificates to an automated process. They probably found their template couldn't be torn apart and automated, and so wrote a new one.
On share price, Seedrs are simplifying a horrible reality of company shares as tracked by Companies House.
Shares have a nominal value, and a premium. In our case the nominal value is £0.00001 and the premium is £1.49.
In simple terms, the share price is the sum of those.
This is one of those horrible accounting details that is hidden in the system (Companies House, company books, registers, etc) and Seedrs are presenting you with a share price rather than distinctly addressing the components of the share price; the nominal value and premium.
Needless to say, they'd cause confusion, panic and would spend a lot of time having to explain how company books work and how Companies House record things if they communicated all the details.
All you need to know, is that a share is worth £1.49, and you have x number of shares.
-
• #837
Are the two certificate separate (i.e. one for round one and one for round 2) or is the new one the two amounts combined?
I only ask as it seems a bit on the low side?
-
• #838
They are separate.
Each certificate represents some number of shares.
Your total holdings are the sum of all certificates you possess.
-
• #839
We signed a contract to spend a lot of money today.
Thus, one professional front-end person with design and user-experience now hired for a 3 month engagement.
Finally I feel that the experience we want to give people will start to appear. Up to now, the focus has been heavily on the platform behind the site, and that will still be true but now we can do both bits really well.
-
• #840
Good news, well done, keep up the updates!
-
• #841
^^ good news. To my eyes it was the one aspect that obviously could have been a bit more 'cutting edge'.
-
• #842
I keep seeing places where better forum software is so, so needed - whether that's Microcosm or something else. It's incredible what people are putting up with. I signed up to the Runners' World forum, for instance. Christ. It's horrible. Great content and community, but an awfully frustrating site.
-
• #843
Agreed. Have you been on mumsnet recently? Shockingly bad.
-
• #844
You're not the penis-dunker are you?
-
• #845
No comment.
-
• #846
Andy "centre parcs" p.
But seriously, if got mumsnet onto microcosm it would be huge. And we'd be rich.
-
• #847
Moneysavingexpert could use some help too!
-
• #848
What about LFGSS? Those losers spend all day online talking nonsense - could be a goldmine.
-
• #849
Any update on the SEIS stuff for the first round?
I guess we need to file for this soon?
-
• #850
SEIS1 was submitted a month or so ago, it took a few weeks for HMRC to issue the SEIS3 certificates. Those were all signed, turned-around and delivered to Seedrs a week ago. Seedrs are mail-merging the details of the 60 first round investors onto the SEIS3 forms, and those will be dispatched imminently (if they haven't already).
You should be receiving that form/certificate imminently, to the address that you have on file with Seedrs.
It is part of the SEIS3 form that you need to fill in to claim the investor relief:
http://www.hmrc.gov.uk/manuals/vcmmanual/vcm45200.htm
You don't need to do this stuff, the total shares in the cap table is the only number you need in addition to knowing the number of shares that you own.