Background - I have incorporated a company for a client - 100 ordinary £1 A shares to Shareholder/ director A, 100 ordinary £1 A shares to Shareholder/ Director B, 50 ordinary £1 B shares to investor C and 50 ordinary £1 B shares to investor D. All as yet unpaid.
I have successfully applied for advance assurance for £30,000 investment (£15,000 each from investors C and D) from HMRC.
I am now worried that I should not have created the B-share classes as the shares should actually be £300 each instead of £1.
What options do I have?
- issue additional 1 share at £15,000 to each of investor C and D?
- try to amend the B shares so they are at a premium of £14,950?
any help would be much appreciated.