Hello accountancy experts.
I've recently founded a small company selling software. I issued 100 shares (£1 each) to myself on formation. I now want to issue 8.5% to someone I want to bring into the company. The shares are instead of a salary, he will receive annual dividends.
I've got the SH01 form, and I have a share certificate which I made myself. Do I just need to fill in the form and issue the new shareholder a certificate? Also, can I issue half a share?
Many thanks for your help. Dave.