BeUnlisted provides a digital share register, available around the clock. Every limited liability company must have a share register which contains a list of all shares and shareholders. The Board of a limited liability company is responsible for keeping a share register. All changes in ownership in a share register must immediately be recorded in the company share register. A share register must be public and accessible. The information provided to BeUnlisted is only made available to the company, its owners and its other functionaries.
With BeUnlisted’s web-based system solution for digital share registers the company’s representatives/administrators can easily update the company’s share register.
For example, if a split is registered in the share register this is done in three simple steps.
Go to the Share Transactions page, select Create new share transaction, followed by clicking on the consolidation/split
Enter the date of the event and the split ratio.
A previewer is also available on the page to see how the number of shares and par values changed based on the entered data.
Confirm the transaction.
The system distributes how the split affects the ownership and you can review and change the information before finally approving the transaction.
The share register and the owners’ custody accounts are then updated and information about the transaction can be easily found in the transaction list. Handling other share transactions is structured in a similar way.
BeUnlisted supports the use of A and B shares and preference shares while it is easy to note any pre-emption or reservations in the share register. The information provided to BeUnlisted is only made available to the company, its owners and its other functionaries.
It is also possible in the system to produce an updated and accurate share register at any time and print the company’s shareholder list, voting list for the Annual or Extraordinary General Meeting and more. There is also a news service where news can be easily distributed to the company’s owners or to all holders of custody accounts with BeUnlisted or as public news on our website.
BeUnlisted costs SEK 1,800 per year and company.
Share registers and custody accounts
BeUnlisted provides a free custody account of unlisted shareholdings (with company share registers as a basis). In the custody account you will find information about the companies you are invested in. The information to be shared is up to each company as they manage BeUnlisted themselves. BeUnlisted provides the opportunity to communicate general corporate information, information on ownership structure, the company’s share register, repository of company documents, etc.
With BeUnlisted’s system service for share register administration, you increase transparency and validation to company owners, while administration is greatly simplified. We will continuously develop the service to further simplify and facilitate entrepreneurship in Sweden.