The sale of shares is formalized by a contract for the sale of shares, which must be drawn up in writing. However, the conclusion of an agreement is not enough: it is necessary to comply with a certain procedure prescribed by the Federal Law "On Joint Stock Companies" dated December 26, 1995 No.
Instructions
Step 1
Notify other shareholders that you intend to sell your shares. By law, it is required to send a notice to the management of the joint-stock company, indicating the price and other conditions for the sale of shares. The head of the company, in turn, must notify the shareholders. The fact is that if you want to sell shares of a closed joint-stock company, then its shareholders have the preemptive right to purchase them. The notification must contain information about the number of shares, their price, and other terms of sale.
Step 2
Wait 45 days from the date of sending (delivery) of the notification. It is during this period that the rest of the shareholders must decide whether they will use their preemptive right to purchase shares.
Step 3
Make sure no shareholder has expressed a desire to purchase your shares. He must do this in writing by sending an application for their purchase to the joint-stock company, indicating their number and information about himself. In this case, you have the right to sell shares to third parties.
Step 4
Regardless of who you intend to sell shares to - other shareholders or third parties, you must draw up a contract for the sale of shares. An essential condition of the contract is its subject matter. It should be as detailed as possible, otherwise there is a risk that the contract will not be concluded. To do this, the contract must indicate the name of the joint-stock company, the par value of shares, category and type, registration number of the issue, quantity. It is also important to indicate the share price in the contract.
Step 5
After completing the contract, draw up a transfer order. It confirms the direct transfer of shares from you to another person. After that, you need to make changes to the register of shareholders of the joint stock company.
