I have a client who is alloting more shares to the incoming shareholders. Currently, the share capital is £1,000 (1,000,000 shares of 0.001p each) and all of them have been allotted. A new incoming shareholder is interested to buy new shares into the company for which the company would firstly increase the share capital and then the shares should be alloted to him. The face value of the new shares is £10 each so if they issue 1,000 shares the additional share capital would be £10,000. The question I have is that can the company issue the same ordinary class of shares for two different face values (£0.01p and £10) if so do I just need to increase the share capital of the company and issue the new share certificates. Please help me the step by step process.