• Core Products
  • Value Propositon
  • Project Handled
  • Web Registry
  • Product Pricing & Fees

Frequently Asked Questions

About your shareholding

1. What are shares?
2. What is a Registrar?
3. What should I do with my share certificate?
4. Where can I find my shareholder reference number (SRN)
5. Why do I have two different shareholder reference numbers (SRNs)?
6. I have more than one share certificate. Can they be combined?
7. How can I transfer my physical certificate to the Nigerian Stock Exchange?
8. How can I find out the current share price?
9. What is the "nominal value" of a company share?
10. I have lost my share certificate – what do I need to do?

1. What are shares?
When you buy shares in a company, you become a part owner of that company. The more shares you own, the larger the part of the company that you own. A company can have different classes of shares, and each class will have different rights. Generally, holding "ordinary shares" entitles you to certain rights under company laws which includes but are not limited to, the right to receive an annual report each year, the right to attend, speak and vote at the Annual General Meeting and the right to inspect certain documents.

2. What is a Registrar?
Your shareholding in any of our clients share is recorded on a register of shareholders (known as the register of members). The register is a list of the names and addresses of all clients' shareholders and the number of shares each owns. The register is maintained on behalf of the company by PAC Registrars ('the Registrar'). The Registrar updates the register when your personal circumstances or shareholding change, and also sends out shareholder payments, share certificates and the Company's annual report and accounts. By law, the register is a public document which the Registrar must make available for inspection.

3. What should I do with my share certificate?
The Registrar will issue you with a share certificate stating the number of shares you own. Share certificates are evidence of your ownership and should be kept in a safe place. You will need them if you want to sell all or some of your shares in the future. Share certificates are posted to shareholders at their own risk.

4. Where can I find my shareholder reference number (SRN)
Your SRN is a digit number, which usually starts with a number and can be found on the right hand side of your share certificate. You should quote this number in all communications with the Registrar. You can also find your SRN number on most of the correspondence sent to you by the Registrar.

5. Why do I have two different shareholder reference numbers (SRNs)?
If you purchase further shares in any of our clients, but the name and address you supply to the Registrar differs, even slightly, from the existing details held, another shareholding might be created. If this happens and you want the shareholdings combined you should contact the Registrar, otherwise you may receive more than one copy of our clients shareholder documents.

6. I have more than one share certificate. Can they be combined?
If you have several ordinary share certificates in any of our clients you can ask for your certificates to be consolidated into one by downloading the consolidation form and fill and return to the Registrar for update. However, Pease contact the Registrar for further details.

7. How can I transfer my physical certificate to the Nigerian Stock Exchange?
For further information about the transferring your shares to Central System Computer System (CSCS), please contact your broker or
PanAfrican Capital,
Shareholder Relations,
Plot 8A, Elsie Femi Pearse,
Off Adeola Odeku, Victoria Island, Lagos
Tel: +234 (01) 2716899, 2716893
email: info@panafricancapitalplc.com
Website: www.panafricancapitalplc.com

8. How can I find out the current share price?
You can obtain the current market price of our quoted clients the Company's shares by clicking here or on the London Stock Exchange website at www.panafricancapitalplc.com

9. What is the "nominal value" of a company share?
Your share certificate will refer to clients Ordinary Shares of xx amount. This is the "nominal value" of the share and represents its price when originally issued. Also known as "face value" or "par value", it bears no relation to the market price.

10. I have lost my share certificate – what do I need to do?
If you have lost your share certificate you should report this to the Registrar immediately by calling 08028596692. The Registrar will update the shareholder register and arrange for a 'stop' to be placed on the missing share certificate. Please check carefully before reporting your share certificate missing as there may be a charge to issue a replacement share certificate and once a share certificate has been reported as lost it cannot be reinstated if it is subsequently found.